Fannie Mae-No Politics (FNMA)

[Cringe]

should be obvious


This covid 19 nonsense is political, and can kill "old rich people" so its an emergency. In reality. You have better chances of being hit by a drunk driver in the USA, but yet we still drive.
Democrats have no candidate, and the EU is melting down. Crisis is needed to pass garbage legislation when you don't have the votes.

That being said, the market is absolutely overpriced. This is just a great cover story for what has been coming for years. The table will be reset, billionaires will win again. The story continues.

As for FMCC and FNMA, if we don't go to zero during this nonsense. We win, and the price will settle at 10 to 12 dollars pre share unfortunately later than any of us want, in 2021 or 2022.

Short term, back up to 3 dollars in about 5 months.


Nothing has changed for us. The price is between .01 and .00 is the only thing we have to focus on in the short term. Save your core shares. Trade the pops for fun as always.

Sweet dreams and calm down .