Replies to post #612127 on Fannie Mae-No Politics (FNMA)

[lumpina]

I'm thinking about dumping all my shares - this looks like another walkdown to below $2.00. Perhaps I'll buy back when it hits $1.75-$1.80.

Yeah, I know what most of you will say - but that's OK. There are other stocks to buy right now with the economy picking up.

[FFFacts]

Yes, agree on all but the interlocutory appeal may come in before year end. Either way, within a year from now I think this goes higher both common and preferred should move up. Just over 2 months preferreds have been about from the lows at least 50%. I expect within a year from now the prices to increase at least that much. There are considerable other opportunities out there but at least a 50% expected return within a year is good. Anyone who buys now or has held is early but no one knows when the next major catalyst will drop.