Replies to post #8186 on Fannie Mae Preferred S (FNMAS)

[stockanalyze]

looks like we underestimate oursleves. or we have been made to believe so. fannie and freddie are not fly by companies. did you buy citi around a buck? bank of ameriac around 3.5 buck? ggp around $0.50 ? well i remember folks called them specualtors on ymb but they were not. we forget that fannie freddie are solid companies decimated by faulty loans by banks. banks now complain about g fee, that was the whole purpose : increase g fee and you take over. they won't , they just want to run you dry. they have media bought out. the article you posted yeterdsay on cost sharing of putback suit by banks , what a ridiculous one, i am sure judge cote would smack them hard. these guys have no shame. getting back to point, gse's and housing are strong, stronger, strongest , so lots of optimism, you own pfd or common. i have commons at $0.26-$0.27 and lower, so no worries for me. folks are bying even at $2 and they will be fine too. we will get our $25.