Fannie Mae-No Politics (FNMA)

[401kobessive]

I use to be one of those that would challenge every short's negative comment. If you wait long enough they go silent. The time of the GSE bashers is almost over. I finally figured out that the bashers have no real skin in the game. They are paid buy large hedge funds who are actually taking long positions in the company that the bashers are bashing. So, in a way they are helping the PPS long term. Its just annoying because when you do want to sit down and talk to some fellow stock holders, it junks up the boards. Im sure the constant negative comments does help pressure a newbie or a long that may have more % holdings than he is comfortable with. That said, most are here for the same reason. This is a stock that has potential to multiply wealth. I remember I was on vacation this spring and heard B. Frank speak. He was almost frustrated by the situation of having to deal with the shareholders of FNMA and FMCC. I could tell that the governments options was not good. He reverted to name calling. I think he referred to us as "blood sucking" investors. Regardless of what exactly he called us...I could tell that they were not in the drivers seat when this conservatorship comes to an end.