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Re: PENNIEStoSTACKS post# 94

Tuesday, 10/22/2013 4:35:49 PM

Tuesday, October 22, 2013 4:35:49 PM

Post# of 336
I played FNMA in 2009 and made some dollars. I have stayed out since then because I fear what the government might due to common shareholders someday. I tend to play stocks very long term, so I must be more careful about my picks. Since I tend to average down on a stock (if I get the chance, once I decide to buy) I need to feel safe long term, and I Just do not trust this Congress.

I was buying FNMA at .35 and selling at a $1 in 2009 IIRC

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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