Replies to post #557970 on Fannie Mae-No Politics (FNMA)

[Wingsjr]

After it diluted. What did it conver to after BK was done? Com’s only got 3% of company.

[slacker01]

Quote:
I bought American Airline at 1.50 and sold at 45.... Fannie may be bigger in many years to come, but that was pretty dang big.



I rode it all the way back down to 32.00 before I sold. It was a sick roller coaster ride. I kept waiting for the promised 55.00 which never came. I will not ever make that mistake again. If I see a point where I am happy I will dump. Unlike some of the folks here going to wait until 200. They will be sorely unhappy when the same chit happens to them.