Replies to post #368972 on Fannie Mae-No Politics (FNMA)

[jog49]

Let me prep you with your 51,000 shares....if you will stick around, you will eventually have stock worth $5.1 million. By that time, and not selling, you will earn a quarterly dividend of at least $25,500.....but I suspect more!
Hell would freeze over before I left.

[CBDpower]

Agreed! they just bash or mock but you now damn well they want to say BUY BUY BUY! its the deal of the century lol. look didnt fnma have a positive piece on cnbc today? went green!

[RickNagra]

Let us suppose those 51,000 shares you bought at todays price of around $3.85. Probably you bought them less but assume $3.85 for now. Your purchase price is $196350. In about 10 years from now there is a high probability share price will be $100 or more. Your investment is now worth $5.1 million. Then as Jog stated your quarterly dividend will be about $25,000. You could live off your dividend and never touch your principal. WOW.

Some of the seasoned folks here recognize the body language and stonewalling exhibited by commentators in the media on FnF coverage, I've detected exact body language and facial expression to the same when I invested big on Sirius XM (SIRI) when it was at .25. I'm holding long with 51,000 FNMA/FMCC commons.

[Jreinhold]

I don't know what Id do with that kind of money or shares. Honestly just looking to make a 100k or so and keep looking for stuff to invest in. Im just starting, finally got all my debt paid off and this was my REAL first buy. Hopefully it pans out.