Replies to post #451446 on Fannie Mae-No Politics (FNMA)

[rekcusdo]

I’ve held even longer than you, and I will only sell at $0 or $20, whichever happens first.

I haven’t been crazy enough to add at these prices given the uncertainty of the GSEs future, but invested a bit dollars back when it was at about 50 cents per share.

One thing is for sure though...without a doubt, if you are waiting for Trump or Mnuchin to help the GSEs, then that won’t happen...ever. If Trump wanted to illegally help his shareholder friends, he could easily do so without taking the political beating and firestorm that releasing the GSEs would cost him.

Its simple...if we don’t win in the courts, we don’t win.