Fannie Mae-No Politics (FNMA)

[~ Blue ~]

Remember first run started at 30 cents to 1.47 dollars. then consolidated. second run started at 83 cents to 5.44 dollars. from there consolidated i believe last Friday hit the floor. it is preparing for the third run. i believe next week it will start.

Also common shares WORTHLESS theory has no legs why?

Since 2008 fnma shares trading on the market if it was worthless it would be cancelled long time ago when the company was not making profit.

Second fnma and its sibling posted big profit since they have been founded.

third fnma and its sibling bailing the USA budget so far the treasury got 132 billion dollars dividend. No one has power to cut the chicken that makes golden eggs, both companies help USA budget.

fourth, big lawsuit out

fifth, FHFA director clearly said conservatorship cannot stay permanently.

sixth, FNMA will post big profit at Q2 and CEO said it will be profitable for the foreseeable future.


THE IMPORTANT THING IS THE PROFIT. FNMA MAKES PROFIT YES. IT WILL BE PROFITABLE YES. THE REST IS BS.

REMEMBER BOOK VALUE PER SHARE 54 DOLLARS.