Fannie Mae-No Politics (FNMA)

[Lajrchamp]

I'd love to see a chart with steady growth, but for over a decade this stock has been subject to short-term, news-driven pops in PPS, followed by rapid drop-offs that return the SP to previous levels. We had predictions that the En Banc would lead to movement by the Government that would result in $10 per share. Well, look where we are.

Granted, the finality of a SCOTUS ruling could finally break the logjam and free the way for relief by the courts. That could cause a chain reaction that forces the Government's hand to either release the twins or attempt to settle, but it could be yet another pop and bleed until an actual remedy is crafted. That being said, I'm sure the plaintiffs have the next lawsuit locked and loaded, but that too could bog down for another year or more.

I'm hopeful, but not overly optimistic. GLTA.