Replies to post #8264 on Fannie Mae Preferred S (FNMAS)

[loobeyondbm]

It's all relative

I am a cheap guy. I bought FMCKJ at $0.38 so it's not easy for me to rotate to junior at $5. If I had held all my commons and sold at the top, I would have made many many more. But that's life. You may find some truly ignorant commoners have made millions in this run. So what? :-)

You are the smart one, and the only very few positive voices when I screamed "cheap" for commons and was laughed at. So you deserve your winnings. :-)

[bpsstudio]

So you see commons going to $15?