Replies to post #510131 on Fannie Mae-No Politics (FNMA)

[Barrario]

Maybe or maybe Not !!

[Barrario]

https://www.treasury.gov/initiatives/fsoc/council-meetings/Pages/default.aspx

[RockRoll]

Over the past 10years there so many disappointments re: court rulings, rumors that didn't pan out, unfair gov't action that seemed to go unabated, and more unfulfilled rumors, that investors are just exhausted. They've adopted the ad tag line from many years ago: "Where's the beef!"

But, now the sentiment, tea leaves, etc., have never been better in this past decade... not to mention the en banc hearing is looking optimistic. However, IMO, not until "real" news and plans are officially announced that the PPS will do what we think [hope] it will do.

Now is the time where either you get in early, and put your money at risk, but if it "happens," one will be richly rewarded. Or wait for official news ... invest, less risk, but get in at a higher PPS and possibly finding yourself chasing.

Like all investing, you're just placing your bet.

[RockRoll]

Sorry Jason, I forgot to add something. FNMA (and FMCC) have paid back their loans to the gov't --- with about $60bil extra!

FNMA's revs are about $3bil to $4bil every quarter. With its current share structure, FNMA's market cap is $3.3bil. I mean just scroll on this page and look at the "FNMA Financials" box and in the Profit/Loss section it shows a profit of $17.22bil.

I mean, not to compare apples to oranges, but AAPL has about 4times as many shares outstanding - makes around 3 1/2 times more in profit -- and is trading in the neighborhood with a PPS of $175.