Replies to post #687304 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

Sticky! Great post!
I certainly agree, we have not lost any money, if we have not sold, and, Fear and Emotions can cost you! Buffet says:

The stock market is a device where money is transferred from the impatient to the patient.

Now, the question is, "Which category are you?" (patient or impatient)

As for me, I will wait...I dont expect this remand to take a long time, but if it does, I will wait.

However, Im not gonna make any guesses about PPS on Thursday, or Friday.

Friday is a holiday weekend, and many will take off early. However, that could be a great day to announce a favorable (sharholder) remand decision from the lower courts.

However, this would be very soon, but "something" should happen by the end of this year.

My prediction? People who hold/buy FNMA shares until early 2022, will be glad they owned the shares!!!! Very Glad!