Replies to post #432011 on Fannie Mae (FNMA)

[contrarian bull]

Interesting strategy you have. I only sold 1\3 of my holdings. I have held the rest of it for years just in case it ever goes big. (Tax purposes) . Looks like I sold to early this morning! Dang! Good luck to you!

My theory is I can cash out on false run-ups, but still have a good stake in the game just in case. And usually when I buy back I keep the dollars the same so after the round trip I have more shares.

I feel like this stock is a game of musical chairs, and at some point the music will stop and we discover the chairs are attached to a aircraft carrier catapult launching the stock to the sky. I do not want to miss that ride.