Replies to post #207720 on Fannie Mae (FNMA)

[Fanniefreddieforever]

Don't agree. If there's a drop...Most likely bottoms at 3.65-3.75

[Zargis]

Personally, I don't think we go under $3.45 again. Ever.

Personal opinion because it stepped up and stabilized there for about a week.
($3.45 - $3.65, fyi, $3.65 happens to be the last MAJOR LOW that we've seen lately in the last couple weeks. Coincidence? Probably not.)

Remember, the 'bill scare' tactic has been used 3 (count them) 3 times now. On the first two, it was followed up by a 2nd scare on each when votes were starting and first on the announcement previously.

DO you think they will do it exactly the same pattern again? I'm not so sure about that... it's too obvious of a pattern and many will be expecting it / not in the stock.

Be well, be safe,

-Zargis

[schaub]

A lot of negativity today - I'm long and positive.