Replies to post #620946 on Fannie Mae-No Politics (FNMA)

[imtheshadow]

excellent comment ... thought about doing that many times over the past 12 years ... but NEVER expected to be screwed so royally by courts ... the 50K I bought recently lowered by cost basis from $6/pre-cship to $3.85 now ... and I think the markets will correctly heavily in the next 12 months ... so I'll wait to hopefully see us go above $5 ... sure, that's a double+ from here, but a pathetic outcome if what I'm afraid will happen, happens ... meanwhile, I await to see any ACTIONS that support a more optimistic scenario ...