Replies to post #228909 on Fannie Mae-No Politics (FNMA)

[~ Blue ~]

1) FNMA's profit goes to Uncle Sam, not 1 cent stays for the company.

2) FNMA Q1 result shows that the business is barely profitable ..

3) President Obama Wants to wind down..

4) Republicans wan to wind down FNMA/fmcc.

5) All the big banks want to abolish fnma/fmcc

6) fnma/fmcc IS UNDER CONSERVATORSHIP.. according to conservatorship agreement, THE VALUE OF COMMON STOCK IS ZERO.

7) New fhf president Mel Wat wants to reduce principle it means FNMA/FMCC will not profitable..

8) Some hedge funds accumulated FNMA/FMCC pref. shares under 1 dollar. and they sued the gov. to bring attention to the stock. they made over 1000% .. they are dumping .. those are short sellers as well.. probably they will skin the sheep all the way down.

that is why it is better to wait the dip not lose the capital