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Post# of 797269
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PennyStockInvestor

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Re: stockprofitter post# 190199

Thursday, 03/13/2014 10:16:21 AM

Thursday, March 13, 2014 10:16:21 AM

Post# of 797269
FNMA is currently way overvalued at around $4 price per share. Major news was released recently regarding plans to dismantle the company. If that happens the FNMA shareholders could be left with nothing. The amount of risk involved here does not justify a 3 or 4 dollar FNMA stock price.
I wouldn't touch this stock with a 10 foot pole at the current price per share until its crystal clear that FNMA will NOT be dismantled. Which is highly unlikely to happen in the future.
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