Fannie Mae-No Politics (FNMA)

[Usmcvet]

I added at $1.21. Tried to make a flip by selling at 1.54 and bought at 1.50. I suck at flipping because I don't have a margin account and I have to wait 3 days to buy back in.

My next move is to add if this gets close to a dollar and continue to hold my shares. I've noticed that the last 3 small runs were topping at $1.70's and bottoming at 1.30's. I might take a profit next time it goes to 1.70. I'm scared as hell because as soon as I try to flipl, Fannie is going to be released from C-ship and go to the moon.

My only strategy is not to panic sell.