Replies to post #91624 on Fannie Mae-No Politics (FNMA)

[melly4]

Considering based on revenue our PPS is way undervalued. They are betting on C-ship being removed, which would make these prices the deal of the decade. Id bet a little longer than your typical ihub long. Its a pretty good bet IMO. The upside potential is huge. These lawsuits alone signal long.

[mrfence]

Attorneys of this caliber would not be on the cases if this was not a long haul proposition IMO, and they see green. LMAO, they are not working pro bono and I'm sure they get the big bucks only if, and when shareholders do :-)

[chenzo11]

The lawsuits would suggest a longer target date, but maybe they only filed those to get a temporary boost in good publicity for the pps.

I feel the lawsuits have slowed down the possibility of FNMA being dismantled. Look at it this way: A man on death row cannot be executed while he is still under the appeals process. These lawsuits serve as FNMA's appeal. The lawsuit will have to be heard before any Senator can pull the plug.

And what does this do for us, the shareholders? It buys us time!!
And time is what we need!! As the profitable months accumulate and more money is filtered back to the Treasury, it becomes harder and harder to pull the plug on FNMA and easier, once our debt is paid back, to release us from c-ship. Uplisting will then follow!

Be patient, accumulate shares on the dips and let time be on our side!

Chenzo

[HedgeMyRide]

>12 mos, and yes.

Also: ".....His credit fund, which shot to fame in 2007 with a sub-prime mortgage shorting strategy that returned 590 percent at the time, is up about 12 percent.

Those double-digit returns make Paulson, a onetime mergers-and-acquisitions banker at Bear Stearns, one of relatively few hedge-fund managers to keep pace with the torrid stock market at a time when the Standard & Poor's index is flirting with new tops for the year and the average hedge fund is struggling to maintain percentage gains in the low single digits. Other exceptions to the rule include Dan Loeb's Third Point Partners, whose offshore fund is up about 13 percent through June, and Larry Robbins, whose Glenview Capital Management is up more than 28 percent.

Robbins and Paulson will both be featured speakers Wednesday at the Delivering Alpha conference, co-sponsored by CNBC and Institutional Investor."

By CNBC's Kate Kelly. Follow her on Twitter @KateKellyCNBC.



$FNMA$