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Re: ~ NT ~ post# 70409

Tuesday, 06/18/2013 7:03:47 PM

Tuesday, June 18, 2013 7:03:47 PM

Post# of 795725
I have not. Others perhaps, but for my knowledge this is an anomaly. It took a perfect storm of market conditions mixed with a special kind of political hubris to create this monster opportunity. Companies with assets and profits like fnma typically don't find themselves living in the ghetto of the OTC, they don't ever even stop to visit. This is unique.

The good news is we are here and paying close attention. This will continue to make people very wealthy for some time to come IMO.

I was fortunate to get Blue's call well under a dollar months ago. Since then it has allowed me the opp to take profits and add more. My goal here has always been to accumulate a good long position for the ultimate goal of seeing fnma fully restored. I always hold a % of my core position of shares as long while designating a lesser amount to sell in order to recoup my initial investment in any stock. Who knew this would have such wild swings? Given that it has it has offered many of us the opp to rinse and repeat this strategy. I am very grateful it has gone this way as I haver never doubted the anticipated long term restoration. The key to that has been reading up on all the historical and new dd related to the stock. At no point during a declining PPS period did I ever doubt the eventual outcome here.

$FNMA