Dave, I find the whole Fannie and Freddie saga interesting. Currently I am very heavily invested in the industry. Some fannie and freddie, but much more in what may be those that replace some of what they do. Why not more Fnf? Because the downside is zero and the government is on the other side of the trade. As evidenced by the website I set up, and the FnF facebook page, when I get interested in something I really do get very interested.
Negative about the situation? lol! I think I just add some balance to the happy hopefuls here.
...and, you guys are just fun to debate with.
Beta, I do not want to take the time and go back to look what i sold those shares for, but it was probably around $3 a share on about the 65% of my holdings I sold a while back. As I recall I had a triple on them, and unlike some other here, at my age I would rather bank some profits when i have them because that is how I make my living now. Sure, I would I have liked to have held longer but I felt it could go either way at the time. I find it best longer term for me to stick with my plan. Opportunities like Fannie and Freddie to not come along often. Zero or hero doesn't work for me. When I was younger, yeah...but not now. Thanks for asking though.
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