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obiterdictum

08/24/13 3:58 AM

#115412 RE: detearing #115408

I have held since September 2008. I weathered the ups and downs from 2008 to 2009 and the dry, bleak days of 1.00 plus sameness until mid 2010 and then the .30s-.40s-.20s plague through 2011, and 2012 and on through to March 2013. I rode the waves from there to 5.44 and down to 1.01 and back up to where we are now. I have found no reason not to continue to hold.
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401kobessive

08/24/13 10:35 AM

#115426 RE: detearing #115408

I use to be one of those that would challenge every short's negative comment. If you wait long enough they go silent. The time of the GSE bashers is almost over. I finally figured out that the bashers have no real skin in the game. They are paid buy large hedge funds who are actually taking long positions in the company that the bashers are bashing. So, in a way they are helping the PPS long term. Its just annoying because when you do want to sit down and talk to some fellow stock holders, it junks up the boards. Im sure the constant negative comments does help pressure a newbie or a long that may have more % holdings than he is comfortable with. That said, most are here for the same reason. This is a stock that has potential to multiply wealth. I remember I was on vacation this spring and heard B. Frank speak. He was almost frustrated by the situation of having to deal with the shareholders of FNMA and FMCC. I could tell that the governments options was not good. He reverted to name calling. I think he referred to us as "blood sucking" investors. Regardless of what exactly he called us...I could tell that they were not in the drivers seat when this conservatorship comes to an end.