Replies to post #793117 on Fannie Mae-No Politics (FNMA)

[LuLeVan]

Curious - Do you have a re-entry point in mind if the JPS come back down?

Hard to say. If Biden wins (unlikely), the JPS could drop below $2 again. If Trump wins, nobody knows when and if he will act, we could see the shares trade sidewards around current levels. The courts are of no help either. I might reenter if the JPS are in the 3$ area, starting with a small position.