Replies to post #763326 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

"Whether or not" its "big money" depends on:
1. How many shares of fnma/fmcc you own and
2. How long you will hold them to get your big money.

I made that mistake at least once, with Best Buy. I bought shares when they were in trouble at $10, stupidly sold at $16, figuring a 60 percent profit is good. Instead, I gave up an 8 bagger to make "half a bag".

Fannie mae should go well beyond its 2007 average of around $40 per share plus about a $2 annual dividend, when this smoke clears which will take a few years. This assumes we never get a settlement, and the government will get to keep 100 percent of the stolen money.

Its easy to underestimate the value of this company, with the government beating us nearly to death since 2009. We will recover now, and the government will be forced to take us out of the conscrewtorship.

[Brooge warrants cancelled]

hows it going donkey #5