Fannie Mae-No Politics (FNMA)

[contrarian bull]

Not lottery ticket more straight-up 32 on the roulette wheel.

I had a ton of under $.30 shares in both - but over time I've played the ups and downs, buying and selling to keep some cash flowing in. Unfortunately due to FIFO accounting that has given me a lot of taxable gains in recent years, and raised my average price to about $1.30. Ugh. Barely a profit now on paper but my gains along the way exceed my current holdings so technically I can't lose a penny.

I agree with you that this stock to me is nothing more than a hail mary lottery ticket at this point. Unfortunately my average is $1.83 ish, I bought at 80 cents (early 2013) then made the mistake of following advice on timhoward717 blog and loaded more at $3 (summer 2014) thus making my average at $1.83, lol....... not blaming anyone just blaming myself for being a retard.

Give me $3 and I will peace out of this thing.

PS. I also have some lingering way old shares at $8. Not even trying to break even on that.