Replies to post #8537 on Value Microcaps Zip Code Changers

[Hegotgame]

FNMA $3 up 40% +
Wish I had held on to my .25 shares.

[littlefish]

FNMA 10 bagger now so sold another 1K.

LOL this headline should read "Taxpayers are taking potential profits away from mortgage lenders..."

http://finance.yahoo.com/news/fannie-maes-recent-success-concerns-111204168.html

I guess that's a big concern since the lenders were a big part of the $%#@ mess to begin with... The lenders made bank while FNMA and FMCC (taxpayers indirectly) took on the backstop risks foolishly during the whole 0% down etc mortgage boom fiasco that went bust.

Protect those lenders first, second, and third then worry about stuff like taxpayers and shareholders...

Sheesh. Anyway...