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Arnold25764

01/18/09 9:16 PM

#4332 RE: jwwakley4 #4331

You know I mean if you got something good to say about it thats all fine with me. Of course people want facts to back up your statement but you seem genuinely sincere about what you say. I mean anyone who is going to say outright that FNM will be at 40 bucks in 3 years must have some pretty big Cajonas!!! LOL.
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jwwakley4

01/18/09 9:23 PM

#4333 RE: jwwakley4 #4331

Snappo,

You and myself know that this stock should not be in the penny range. In order for Fannie Mae to get back to the $40 to $60 dollar mark it will need to heal. Obviously there was bad decision making in mortgage side. Once we have got rid of the short-sales and FC's and the Govt has finished its work we will be rolling. Its like getting into a bad car accident and recovering. One week you'll be 10% better than the next 25% ect. We have to be patient. FNM will not go away because once again we have the upper hand and there is millions pumping into us every month.

Thanks