Fannie Mae-No Politics (FNMA)

[slacker01]

Nobody knows how the PPS will come out. There is no such thing as a tried and true formula to determine what a stock will sell for. They can determine intrinsic/book value but that does not even come close. The price wil be determined in the end by what people see as the value of a share (what they are willing to pay to hold) and nothing else. There are stocks out there that are way way undervalued (like BAC and AAL) and even more out there that are over valued. So constantly posting and arguing back and forth about "this will be this" is just adding to the reading fodder that is clogging this board.