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Sunday, February 16, 2020 10:20:40 AM
I think I will listen to man "not so wise" that does not spread rumors. Im ok with offering an opinion, but can I ask the source of this "rumor mill"?
Chessmaster does not make investment decisions on rumors.
Chessmaster makes decisions on known facts, plus his own logic and, sometimes takes input on logic from others.
I have done my due diligence on FNMA. I have met Tim Pagliara, and attorney and investment manager. I have also met other attorneys who have opined that the government "cant get away" with the net worth swipe. Its unprecedented. Never before has the government confiscated earnings "in perpetuity" of any company for any reason. FNMA is not "under trial" for IRS wrong doings or criminal activity such as laundering money, which permits confiscation of propery obtained with criminal activity.
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