Fannie Mae-No Politics (FNMA)

[HGG]

Uhhhmmm... Actually, you are wrong. They are not done and they won't be. The courts will decide and most likely, the government is going to lose some of the lawsuits if they decide to fight them.
In the mean tIme, the bears have taken over, that's it! It's pure manipulation by hedgies running algos. You can totally see the game the MMs are playing on level 2.

its a Similar Story of what happened back in May last Year, the difference is that now the lawsuits are more concrete and the chances for the government to win are pretty slim.

I agree in the fact that if no serious court news happen within the next few weeks, this could drop at most to $2, i dont see it below that, but if it does, that would be a gift for anyone to buy... Same thing happened when this reached $1 after the last run in May, everyone freaked out, bashers said FNMA and FMCC were done, etc. it didn't happen and it won't happen. If you are shorting FNMA and FMCC, good for you, you probably will make some $$ in the next few weeks, but hopefully you won't get surprised by extraordinary news... Such as a possible release from conservatorship, uplifting, a government agreement with the court, etc. it will gap up $$s a time...
Good luck!
IHUB doesn't run this stock.