Replies to post #123891 on Fannie Mae-No Politics (FNMA)

[mrfence]

Thanks for the kind words. If I did not think this stock was worth buying, and holding for a return to its proper value then I would not post here at all. There certainly is risk with the nature of the politics but that is the reason why I'm holding and adding when possible. I've been in since .64, and have taken profits when the chart gets over heated then averaged back in on consolidation. The stock can gap a buck from here and keep running any day of the week so there is no reason not to start a core position at this level. Adding on dips is a good strategy as well as waiting to go all in until confirmation but to sit on the sideline and jeer is a waste of time, and a risk of missing out on an opportunity of a lifetime IMO.