Fannie Mae-No Politics (FNMA)

[along4zride]

Even a broken clock is right 2 times a day.

Looks like this one has been waterlogged too long.(FNMA) pps has

drifted down for months now for basic problems with this stock that

some hope will go away. Technical analysis not needed with a stock

so ripe with problems cause they speak for themselves.

Problems:

1.Conservatorship status now and forever until stock disloved

2.Delisted from big board is permanent

3.Total profit sweep quarter after quarter (see number 1)

4. Lawsuits have no merit and will be dismissed