Auntie myself I have been swing trading for a few weeks. Made some good money. I kept several shares over the weekend knowing it was a very big gamble. It would be a bigger gamble if the Treasury didn't save the two largest financial lending institution in America. Bankruptcy not a chance, would be like our Treasury Dept saying Social Security stops Monday, not going to happen.
Instead the Treasury bought 200,000,000 shares in Both FRE and FNM or 1 billion dollars of each. There return on there money should DOUBLE and then they can also sell the house's in foreclosure in the new economy 6 months from Now.
The storm was brewing but died out just like the hurricane that was suppose to destroy New Orleans.
Expectations in a year, maybe $15 per share and the goverment will be happy and the new share holders will be happy and the new CEO's of both companies will look like Hero's.
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