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Replies to post #103874 on Fannie Mae-No Politics (FNMA)

Replies to #103874 on Fannie Mae-No Politics (FNMA)
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mrfence

08/06/13 4:47 PM

#103895 RE: bmp152 #103874

I'm with you on everything but the big gap down tomorrow. These issues have been pre bashed so hard that they will only rise on shorts covering from this level as they know there is no more chance for a non event on their positions, and the book value is somewhere between $50 & $100 dollars.
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Summitgains

08/06/13 5:06 PM

#103942 RE: bmp152 #103874

So when they "FIX IT", The home sales will slow down? It will become more difficult to buy a home. and somehow this is good for the economy? Huh? Makes no sense.