Replies to post #87554 on Fannie Mae-No Politics (FNMA)

[mrfence]

This stock will trade for decades to come. The "play" has run two 500% runs from .30 to 1.50 and .80 to 5.40 in 4 months so labeling lower highs, and lows is "short sighted" IMO. It will not take 3 years for this to be sorted out because the economy will not wait for that. FnF knows that, the congress knows that, and even Corker knows that. LOL, Goberment already blew this to hell which is why you can buy FnF under $2.00 today.

3 years from now FnF will trade for hundreds of dollars per share. That's the long term play.

$54 dollars = near term play.