Fannie Mae-No Politics (FNMA)

[Sogo]

Woa. Is DC leaking / chatter now starting to shift now towards keeping FnF? It would be great news for longs. But still there would be many potential devils in the many details (would they still figure out a way to screw commons?).

Maybe I'll try to play the earnings run (hoping there is one) in such a way as to take some profits and shift them into a portion of preferreds for my long position, while I flip the rest as the political decisions develop. I'd shift some of my holdings to preferreds right now if I weren't averaged above current pps. (I am averaged below current pps actually, in a smaller account of mine). Decisions, decisions. Everyone should be plotting their exit plans and flipping plans and accumulating plans right now for August! Don't wait for the emotions of rapidly changing pps to make your decisions for you! Easier said than done, though.