Wow!, I'm shocked shocked!!!! to find out there is huge political risk in these shares. I didn't know this!!!! I also didn't know there was gambling going on at Rick's cafe either!
Perhaps that's the reason the stock's fullydiluted market cap is under 4 billion and yet annual earnings are 20 billion. I would love to find a financial with p/e ratio 10 times fmcc (2) and no political risk or solvency questions. It might be hard to find one that has p/e 30 times fmcc or fnma. I might have to consider selling as soon as I can find another company with price earnings ratio of under 3 and no political or solvency risk!
I'm wondering if any of the previous two posters have any comments on the merrill- bank of america report posted on 8/17.
Yeah, its a long term mess. As MH said, there is potential for the flip here every now and again. I think unles something drastic changes the time has come and gone to make the big gains on FnF. I think that the potential if the right piece of legislation gets passed is astronomical and therefore well worth keeping a eye on these companies. IMO look to flip don't plan on holding for $50