Replies to post #137597 on Fannie Mae-No Politics (FNMA)

[MonestHind]

How could one NOT speculate on negative news if their money is on the line?

The hearing could go either way, but if and as soon as the discussion turns toward replacement/elimination/wind-down, I would expect this to sell off in a big way. People with an interest need to have their ears on that and watch the trade closely.

Don't be caught with 2.50 shares when one of this big institutions decides it's time to pull out. This could lose half it's value in an hour, easily.

Not trying to be pessimistic, but realistic.

I hope it keeps on keeping on, but we all have watched the downside potential here so it's always best to play it safe.

Protect capital/have fun/good luck!

[TheyWantYourShares]

LONG term you should hold some because, honestly, if CSHIP and we move to big board, no telling how much she goes up.

Short term, if you've already profited, I'd tell you that you don't want to kick yourself EITHER WAY. Set a LIMIT order where you are comfortable making that profit, and a STOP LIMIT in case it falls, you can get out while momo moves down.

IMO, it's not going back down under $2 anytime soon, but again this is my opinion.

I'm a long since .27... missed the first pop to $5 and have held strong. I cashed my initial investment with good profit, and HELD the extra shares.. at times, even adding small positions on the way up.

Sitting great now, BIG $$ buying, that is clear.

GLTU and GLTA

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