Fannie Mae-No Politics (FNMA)

[kthomp19]

If Trump cinches the election in November, the euphoria could very well send the JPS close to 50% of PAR... since historically it has reached that high multiple times in the past.

Perhaps even more. FNMAS was above 40% of par ($10) even during the lame duck period following the last election when hopes were much diminished.

I don't know about you but if your predictions is anywhere from 50-100% of PAR... I'm liquidating at least half of my position if it goes near 50% of par.

I can't blame you at all for that. 50% of par on FNMAS would be well over a double from here, and given what we have been through getting out then could hardly be called a loss. I will be sorely tempted to take some off the table if prices get that high.

A double from 50% of PAR can be done with much less risk in another stock...

The higher prices go, the less gain there is to capture but the greater the euphoria. An insidious combination.