Replies to post #8912 on BLUE SKY BREAKOUT

[~ Blue ~]

FNMA and the facts.. Must Read.

I got a lot of PMs. here is my answer.

I am long on this stock i have invested since last year. i got most of my shares under 30 cents and alerted people. I made some swing trades. so far great. i am fully loaded again (added some shares this week).

FNMA made 2 big runs so far this year.

first one from 30 cents to 1.47 dollars.

second one from 83 cents to 5.44 dollars( about 1.3 BILLION SHARES TRADED BETWEEN 2 AND 5.44 DOLLARS, o/s 1.15 billion)

it is preparing for the third run. i believe from here to see between 7 and 10 dollars.

also 6 hedge funds invested money i posted many times according to news and some links.

there is no negative news most of them positive.

1) CITIBANK WILL PAY 3.5 BILLION DOLLARS THIS QUARTER (q2)

remember Bank of america paid 11.6 billion dollars during the first quarter.

2) FNMA shareholders lawsuit news out this week (41 billion dollars) they are against of the Gov. Conservatorship action.

3) FHFA report out yesterday, Chief Demarco says FNMA and its sibling should get out from the gov. control.

4) Housing recovery continues. FNMA's bad loan on the balance sheet is going down. Delinquency rates goes down it means the company will post bigger profit at Q2.

this is the most undervalued stock in the planet for me.

full dd link is here if anyone is interested in. all the links provided there is no comments.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88488521


great weekend to everyone.