Fannie Mae-No Politics (FNMA)

[HappyAlways]

I don’t know who is selling at this low price. Most Fannie shareholders are ready to die with their shares. And I am waiting for them to drop below $0.5 to buy more. $1, $0.7 or $0.4 make no sense to me. They are book value and just some hard feelings. Only the actual outcome matters.

The bailout was not required. NWS is crystal clear an illegal taking of private property. They will need to refund the NWS overpayment and release the GSEs eventually.