Fannie Mae-No Politics (FNMA)

[Chief Slapaho]

Thanks for this, Ospreyeye. I am fearful of the double top and downside risk at this point. When I initially bought in, my interpretation of "long" was a matter of months, a year or two tops. Right now, I just don't see this potential. We've blown through two earnings periods since the May runup which saw literally no movement. When we did pop again to $3.60 or so, it was very short-lived, and walked down by shorties, flippers and MMs. This may be a once-in-a-lifetime stock opportunity, but it's going to depend on so many things at this point. Again, I am going to keep a small core holding for now, and spread the skim to other tickers I've identified that are poised to do well now.