Fannie Mae-No Politics (FNMA)

[Red Cloud]

Worth Remembering……


A) As they stand now, FNMA and FMCC are not investment grade stocks. Buying and owning them is pure speculation. Invest with the big money, speculate with the little money.

B) If FNMA and FMCC were going to be killed off, it would have happened already. There is no substitute for them.

C) The Growth Fund of America now owns 70,296,000 shares of FNMA. They purchased 3,213,000 of those shares in Q1 2018. The Growth Fund now owns 70,348,800 shares of FMCC. They purchased 2,266,800 of those shares in Q1 2018. This fund has been adding millions of shares worth millions of dollars.

D) Investors such as ourselves, those who post and read on this message board, are not the ones who are moving the prices of FNMA and FMCC. It’s the big boys, who have the capacity to manipulate the prices to their advantage. What we’re not seeing: pumping and dumping – rather, a slow erosion in the prices, which would allow large players to increase their speculative positions at lower cost.

E) The GSE’s have massive intrinsic value and are intensely profitable businesses.

F) Regardless of the spate of court rulings against the plaintiffs, GSE Shareholders have rock solid legitimate legal basis for their claims.

G) We’re fighting the U.S. Federal Government, did anyone think this would be easy?

I have my “buy” order in for today, trying to shave off a several hundred more shares as the big boys play their game of ratcheting down the price.

Good luck to all. Have faith and do not doubt – the mountain will be cast into the sea.