Replies to post #48610 on Fannie Mae-No Politics (FNMA)

[Croireavenir]

I think we'll see a similar pattern to the first run up.

.30 to 1.47 to .50 to .90 etc etc level out at .80.

So from the bounce it could go higher that $2.50 (even $4 is possible) but I think it will retrace again and level out.

Long term $5+ again is probable as long as the fundamentals don't change.

99% FNMA will go private again. The speculation is in the common's because they could just get canceled if FNMA re-IPO's on NYSE with new issuance of common shares.

Preferred would be the safest bet but if they keep the current commons these will net the best % from these levels.