Fannie Mae-No Politics (FNMA)

[timster]

I think it depends on how you are positioned.

I actually have my shares at .28, which in a sense has me locked into staying long if I plan to stay with FNMA. If I sold now I would have taxes that would eat a decent amount of my profits. If I tried to rebuy after taking out what I would owe in taxes I don't believe I could replace the number of shares I have. However, if you are positioned in the $3 - $4 range then trying to flip for more shares might make sense. That would take a ton of luck to hit the high and low just right.

There are a few on this board that profess to doing just that,...to the penny. I don't usually believe them though.