Fannie Mae-No Politics (FNMA)

[detearing]

I doubled down when it V-recovered...I was in under .4 and rode it to six or so, then it dropped to 5. DOJ filed a law suit stopping the merger and it tanked to around 2.5 and I doubled down...best and hardest move I ever made...they gave out shares and mine came out to around average after ratio of around $29. I was then out, except for a few swing trades.

FNMA FMCC will be bigger win than American, IMO.

The SPY and US markets certainly formed a very similar V-recovery and most stocks also performed in a similar manner.

IMO, FNMA FMCC are critical to the recovery of the housing sector...the corruption in DC is deplorable as we all know. USPS should be shuttered, and FNMA FMCC should be restored to return certainty to the homebuilders and the home mortgage industry. Without this certainty, we could be pulled into another recession.