Replies to post #146648 on Fannie Mae-No Politics (FNMA)

[Jacked]

no wine wants fnma

[Tincupx]

Sure. We ran up more than 100% since beginning of last month. The chart is in consolidation mode staying in a semi-tight range. In the meantime lawsuits are pending and many anxious investors are waiting to see outcomes while others sit tight. What's going on is healthy. Go do whatever you do when your not watching every tick and don't stress from day to day. And get use to the thought this is a long term play rather than a OTC pump play

[Tincupx]

Sure. We ran up more than 100% since beginning of last month. The chart is in consolidation mode staying in a semi-tight range. In the meantime lawsuits are pending and many anxious investors are waiting to see outcomes while others sit tight. What's going on is healthy. Go do whatever you do when your not watching every tick and don't stress from day to day. And get use to the thought this is a long term play rather than a OTC pump play

[mikar]

Don't forget, owning the common shares are still extremely speculative.
The company is still in conservatorship and the sweep amendment prevents it from recapitalizing. The play is that gets reversed.
But no one knows for sure how this will play out. Earnings are irrevelant right now. The market is telling you that.