Replies to post #3173 on Freddie Mac-No Politics (FMCC)

[jermart]

I have the same question i dont know if it stays on there books or goes off. If all that debt comes off watch out

[goldbrick]

Well in time it will go , but right now everyone is sifting through the ruins of LEH and other financials that have owed FRE and FNM....LEH missed over a Billion dollar payment yesterday to FRE, didn't help the mess one bit...

It will recover, but there will be strings attached or a recogning behind the doors with some of these financial inst. owing money to FRE...

[Phisherman]

Bingo. This and FMN, are good even without a short position, IMO.

[moores2009]

the government has said over and over that they want to return fre to profitablility, It seems like a no brainer, people are catching on now, anything under a buck should seem cheap imo.

[aharfo56]

This goes up to $10 over next few weeks and I'll mess my pants and take a picture of them to post on iHub :-).