Fannie Mae-No Politics (FNMA)

[imtheshadow]

This may be THE most complicated and unpredictable trade EVER - yet, as you have noted, that doesn't stop many shorts and pumpers from making endlessly wrong predictions and ad hominem attacks. Even brilliant individuals like attorney Richard Epstein have been spectacularly wrong ... not because their expertise was deficient but because NO ONE could predict the depth of corruption in the gov't AND the willingness of the courts to defy ALL precedent (and common sense) to protect the thieves. Its almost a complete crap shoot at this point - and clearly the market feels the same way. We'll probably have to suffer through endless pumping/dumping (again) with the upcoming court decisions (Sweeney, Atlas, Lamberth and SCOTUS). Meanwhile, my original $300K investment ($6 x 50,000 shs) remains a huge "paper loss", but THE most valuable civic and judicial lesson ever - one that I sadly will probably share with my kids some day.

So as the old saying goes (sort of), believe half of what you see, none of what you hear ... and even less of what your read on a message board ; )