Replies to post #432044 on Fannie Mae-No Politics (FNMA)

[GVInvestments]

I agree $161.00 Per share on its way.

[contrarian bull]

$28Bill Earnings/1.16 bill shares X 17 P/E= $410.00

That is - assuming that estimate of $7 billion in Q4 earnings is sustained for a year...

Of course I do not expect it will - and few financial stocks earn a P/E of 17... but you never know?