Replies to post #151507 on Fannie Mae-No Politics (FNMA)

[MonestHind]

Those who didn't take profits today assume major risk. Although today was good, it did not exhibit the level of strength I expected and this weekend will likely produce the media backlash that we all know is eminent.

Hype will cool off, and monday will be a shortfest if more positive developments don't surface.

Monday will open under 3.20 if nothing new hits the press this weekend. I expect $2's by wednesday at the latest in this scenario.

Fingers crossed for more good news.

[huka]

I think a gap down and pullback for monday.

[goodcitizen100]

MH has posted like this since May of this year.
Back then it was like 1.00 to 1.50.
Look at it now.
Back then there was no news of Fairholme Plan or Pershing.

This will be higher, if not Monday then later.

Look at the chart.

[Crazy Money]

FNMA Only Up 41% Dis Week :-( ...