Replies to post #662731 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

yup, this is my last year holding any GSE shares. time to move on after SCOTUS good or bad.

[EternalPatience]

Navy, agreed

I aint going nowhere. Have missed way too many rides due to this fiasco. I am sinking or swimming with this, come what may.. This will be the legacy that my kids and grand kids will oneday talk abt me down the decades (Either they will all thank me for their last names or they will be like, did that guy throw away x00 K just like that )...

While I speak at every other stock forum (for other stocks like RKT), not to look at the trees, but the forest. Have a longer horizon for any investment, I, sometimes get flabbergasted by this blatant manipulation day in day out.. I know i should either ride with the wave and have fun making money or set it aside and wait till the fat lady sings.. I am mixing both..

Oh well, lets see.. Even at 4 or 5 or 6, we all would be x times richer. But this barbaric loot like yester year Brits, Persians and other dictators is sickening to the stomach on, what happened to Justice in the country. I have done enough historic readings of looting and plundering by the Moghuls and the Brits across the world a lot... But this one tops it all.. Looting your own .... LOL

The GSEs must have pissed a lot of people in the 90s 00s I think, if so many people bi-partisanly hate them.. They must have lobbied and bullied their way into so many senators , who are now taking their payback revenge..

Good, that venting helped..

[jog49]

Chess tells me Pagliara has done a lot for me as a shareholder. I must have missed it. Then I look over to the right of this screen and see a sub $2 share price and realize I didn't miss anything...not a friggin' thing.

[Potty]

I thought Pagliara's point about about buying FnF as a counter-cyclical buy was an interesting argument -- it is a special situation and *largely* trades independently from the markets

All depends how SCOTUS rules, but I liked Pagliara's rationale and I will look at his fund performance and holdings

These contrarian's often get it right, the Man in Miami's bet on JOE has done great recently...