Replies to post #793661 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

Same here. I bought my first batch in Fannie in 2009. Uptill now, my investment return on the GSEs is 4%. This is a big big lesson to me. In a free world, 2 stocks with EPS of $10 for many years is now trading at $1.4. Over 10,000 documents are still sealed for 15 years under presidential privilege. Time for justice to prevail. Free World ?

[FFFacts]

All it takes is to look at the facts. Why did warrants expire in 2028. Did you really think they didn't plan this conservatorship for the long term?
All you think is they tried to keep prices low to accumulate and manipulation. You are not able to think.

[kthomp19]

I wish they would have wiped out shareholders in 2008.

I'm glad they didn't. If it wasn't for all the government malfeasance that so many like to endlessly complain about, I never would have had the opportunity to make this much money on this investment.

Pre conservatorship shareholders would have sued and won but companies still gone.

Not gone but nationalized. Still, I see your point.

I would have never bought. Imagine where my portfolio would be without this loss since 2009.

Ah, so you're underwater? That's hard to do if you really did buy in back in 2009.

We deserve this to end and get paid dividends, etc.

You certainly seem to be suffering the same fate as the Sears investor in The Zurich Axioms. She lost money in Sears stock and kept buying more and more, chasing it down, to "make her money back".

There is no such thing as "making your money back". Yes, you want to make money, but why does it have to come specifically from FnF common shares? Some cosmic sense of justice? It doesn't exist.