FNMA,
Welcome to FNMA and to the stock market, Jedidiah. You are enumerating some very valid points which will - each at a given time - have its specific positive impact on the PP's of FNMA. Given the fact that the era of President Obama will terminate in 2016 I imagine that the "housing probleme" could very well turn out to be one of the top issues of his mandatory, why? - because a) practically all US-citizens are confronted with this issue and b) the lawsuits against the government are definitely a huge deal, c) President Obama can make history by getting rid of a corrupt banking system as well by having installed a new Housing authority, giving justice to FNMA and FMCC... Dreaming a little,.. but I am sure that your target of $50,00 is not far-fetched. IMHO it's a realistic first PP's target if you consider FNMA from an investor's point of view. Of course it will not happen next week or next month, but with a company of such dimensions and such constant huge profits, a great share structure, many hedge-funds holding huge stakes in it, I don't know why not?!
Good Luck to You and to our FNMA gang!
Kind regards from Vienna/Austria
Herbert