Fannie Mae-No Politics (FNMA)

[chestercopperpot]

Yeah, if the bill gets shot down these levels will evaporate overnight which is very exiting. However if it passes this thing could truly be dead. I personally think it is worth the risk. One guy on here purchased 40k worth of Ford back in 2009 for $2.00 a share. He sold at 15 and made $230,000
Now he says he is all in on FNMA. Can't blame him. Housing sector is comming back strong. FNMA owns 90%. Seems to me like this stock is dirt cheap. Just like Ford was. I talked to a realtor and he said they wont wind down the GSE's. Besides they did what they were supposed to do. They backstopped all the bad debt.