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Re: thesource post# 1410

Tuesday, 12/23/2008 10:19:02 PM

Tuesday, December 23, 2008 10:19:02 PM

Post# of 7196
Freddie and Fannie are at a MAJOR risk of the government taking them back over as they started out. If that happens, there will be no stockholders.

GM has a few months to make it or not. It is a gamble that the government will bail them out further or require them to reorganize to get more money. Short plays only on this stock for now until the crystal ball becomes clearer. Reorganization or what ever the government wishes to call it will do a LOT more than toss the UAW.

Dangerous times my friend, but oh so tempting. Money to be made in this market and what is to come.

I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it. (Jimmy Stewart in "Harvey" 1950)

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