Fannie Mae-No Politics (FNMA)

[Zargis]

Agreed. I am basically a rookie, others are as well. (no beef with you either by the way. Good questions of my integrity / experience.)

I am not telling anyone to assume this is going anywhere, that I should not be 're-assuring anyone' etc.

I post what is on my mind, my observations etc. I hope people look at the facts and my links to facts, and take media articles as biased information (even ones I link).

When I invest / trade any stock I assume I have nothing being returned from it. I assume that if something goes wrong, I will get 0 of my money back. That way, I do not have unfounded hope. I learned the hard way in my first half-year that hope will kill your finances.

Before I even started trading I spent 20+ hours on the phone talking with trading specialists at my broker, watching stocks, and learning financial information / other key points to look for.

Only in the last 4-6 months have I really done any day trading as it requires much technical skills of which I never had expect when evaluating long term stock picks.

I have learned more than I expected from just watching FNMA than any other ticker, frankly, because while I am aware of the manipulation going on in the market and already expect it, you can see on a sub-level everything going on.

Its exciting as while I mostly trade penny stocks, I don't normally trade anything under $2-$3 range and usually I only trade tickers on the actual market (not OTC) Only one I did for a time was AAMRQ, and that was very brief. (listened to my wife who was concerned about it and respected her wishes of me getting out at around the 0.80 mark... LOL it doubled a few months later.)

With FNMA, I was considerate of a possible liquidation / 0.0001 share compensation risk when I initially entered. However, I have no fear of that now whatsoever.

I've reviewed all the facts and all the hints and what way they point... this is bigger than any other stock in the market, more manipulated due to how important the companies are, and quite frankly to me they appear to be the lowest risk.

Weird huh? Everyone throwing bills of doom and gloom around and yet I see it as 'safe'?

Depends on your expectations I guess, because, yes you could lose a lot on this company... however, the long term is 'golden' in my eye. I can't see any possible 0.00 valuation at this point unless I make poor day trading decisions rather than wait when appropriate.

But to each their own. I analyze every negative aspect for what it is, still I have trouble with the penny up/down trades at times, though with longer term logical evaluation I seem to be solid.

Don't listen to me, or let me change anyone's mind. Let the facts point you.

I do not consider myself a pumper simply because I do not post all good or bad information, what I do post is based on facts. If those are good, my opinion remains good.

I hate how many people post the same spam every day, over and over, not even anything with a good base. '$10.00+ tomorrow' etc. same for the bashers. Anyone is worth listening to if they have credible information in my eye. Otherwise it's just spam.

Anyway, everyone good luck this needs to be my last major post I'm getting too busy. Was kind of a dead Friday at work this morning.

-Z

Thanks, I too agree with lots of what you say, but I too have been doing it about the same amount of time. That means we are barely even rookies and the many pages and stocks I have bought, some winners and some losers. I have learned a lot. One thing is for sure, when you think you know it all. Like FNMA is a for sure bet... It can go to nothing in a heartbeat. Thus I have gotten to the point were I diversify... NBG, BAC, and a couple others. All "PLAYS" to me and big chance gambling with FNMA and NBG... BAC is my steady...

I think, if I make money, gain 50% on this one, I am pulling my original investment. Its just too scary and should be moving up now, not down. It should have spent the last 3 days going up a few pennies and has not for some reason. NOONE should be selling as a loss (but they are) and if they bought a month ago and just taking profit, makes no sense either... Just not a good look the past few days...