Replies to post #170808 on Fannie Mae-No Politics (FNMA)

[crawford2012]

Detearing! Well said. I just found a piece of info that I want to refer to which supports the reason why we should hold.

Check this out, this what congress was told....initially they could not have done it with out promising to give it back someday. This is more political now than ever...but with more people crying for their release...they will not be held hostage much longer.

"The mortgage giants are expected to be placed under a "conservatorship" of their new regulator, the Federal Housing Finance Agency. The agency would likely temporarily run Fannie and Freddie and continue to implicitly back any liabilities until the two companies' financial standing was strengthened. A Treasury official confirmed that regulators were working out details of an intervention plan on Saturday"

So as you can see, and it was word for word...."UNTIL THE TWO COMPANIES FINANCIAL STANDING WAS STRENGTHENED".

So to add to what you said...yes hold tighter than ever...do not get spooked by anything...all they want is your shares.

Cheers Detearing...keep them coming.

Crawford!

[fb22term]

FNMA's time will come. I have no doubt about it. Howvever, It's stock price may not hit the high that some people are expecting. My only concern is the final outcome of the lawsuits. That to me is a potential danger. It could go either way. When you are dealing with governmnets you never know how things might end up. Plus we have mid-term elections coming up and that adds to the unknow mix of outcomes. Have a good night.