Replies to post #8046 on Fannie Mae-No Politics (FNMA)

[KELLYCO]

I tried to construct for you guys what is going on here.
Sorry that Fannie and Freddie common stock is doomed until something drastic is done.
Most people here think because Uncle Sam has been bailing them out that the common stock should get to $1. again.
What they don't seem to understand is that Fannie and Freddie are not selling their common stock.
People are trading it and it really has no value.
Fannie and Freddie would continue doing business as long as they keep getting influx of money.
Even if they both become cellar boxed at .0001-.0002


Your car is where you left it on the lawn.