Replies to post #390273 on Fannie Mae-No Politics (FNMA)

[10bambam]

I did what I always try to do when I get pissed at Fannie. I bought more today. I am already making money on today's purchase.
Go FnF
P.S. I agree there are good reasons to hold onto our Fannies

[10bambam]

From S.A. today

There appeared to be a motivated buyer in the common mid-day as shown by the stock's move off lows and well over $3 in a short period of time.
With Mnuchin in the drivers seat now, a bet against Fannie and Freddie is a bet that Mnuchin will slaughter hedge fund allies like Bruce Berkowitz.
Shareholders of the common and preferred shares still have ways to win.