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SHEEPWOLF

09/25/08 8:21 AM

#1316942 RE: gmarc66 #1316941

I agree
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Churak

09/25/08 8:21 AM

#1316943 RE: gmarc66 #1316941

because of the investment in FRE & FNM, they will have to take write downs on their next Q & that will impair their capital requirement requiring them to raise more capital. The weird thing is that they have $9.5 BILLION in loans and, per them, they are performing well but because of the write down, they will show a loss this Q thus impairing their capital. That's what I read in their filings...I think...lol
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Mt. Blanc

09/25/08 9:01 AM

#1316976 RE: gmarc66 #1316941

Read the filings friend...very sobering realization if you read it thoroughly. To go long is suicide for this play.

AGM headed to $2 and possibly lower.

mb