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Re: Stockman1010101 post# 569127

Wednesday, 10/09/2019 7:52:53 AM

Wednesday, October 09, 2019 7:52:53 AM

Post# of 793278
Please stop the Warren Buffet Rumors!!!
1. They are rumors, that is all.
2. They are rumors, and no notice from Buffet.
3. Dont trade on rumors.

4. If Buffet IS interested, then he will be less interested if this leaks until he completes his deal.

I have invested in FNMA long term. If you are daytrading the stock, and trying to "predict" when/if Buffet will buy, then you should probably go to a casino and predict which horse will win the 4th race instead.

"EVEN IF" Buffet is making secret plans to buy up some portion of FNMA, we still dont know for sure if he can pull that off to his satisfaction, and, we dont know when.

Instead, we want to make our company valuable so that everyone wants a piece of it. How do we do that? Well, we get out of government control and confiscation, get and keep great management of our company, and again make record profits.
Our company earned 54 billion in a single quarter. As far as I know that has never been done before and wont likely be done again at least not in my lifetime. Now, even tho that 54 billion was largely a reversal of DTA's, Fannie mae easily earns 5 billion in many/most quarters.
There is a reason why Fannie was previously the widows stock: It made money for dividends consistently.