Fannie Mae-No Politics (FNMA)

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Yes, I'm not sure Watt is the best candidate for shareholders. But I do think that there will be a push to release FnF from the conservatorships once the a dividend has been paid that equals the draws on the Treasury. I do think that's doable by end of year.

In the meantime, this thing will consolidate for several weeks to a month and then take off for another stellar run on earnings. It will then be beaten back down to a higher low, just as has happened with the last two spikes. Just time it right and take profits. Rinse and repeat.