Replies to post #171963 on Fannie Mae-No Politics (FNMA)

[Fanniefreddieforever]

If you are right - you will see a new millionaire (me) tomorrow :)

[Jacked]

wow...pure speculation!!!!

[fastferrari]

If obama says anything close to releasing fnf this will blow up and the little guys will not be able to catch this rocket ship till 10 bucks minimum.

[IL Padrino]

I hope you're right. I seriously doubt it, but still hope you're right :)

[Donotunderstand]

Yes

Some mention of FNMA or FHFA or Housing Financing may get into the speech

Do we know if it would be positive or negative for us equity holders - common or other

My concern

I do not expect a supremely new positive surprise

He could repeat his support for current bills and wind down (whatever that word means but here not good)

or

He could mention it - and instead of wind down - say F and F and other parts of housing finance need reform - and F and F can not stay as they were - but NOT support wind down

I have no way to put odds on anyting v nothing - and the positive v negative - and what impact on price a repeat of past words would be or what impact on price a softer wording on the type of change (e,g, space for F and F to live smaller but healthy)

This might mean we see some selling at the end of day as its likely the potential of all that NOT calculable odss is avoidance of big down

I likely will thin 20% (which still puts me massively above the money I used to have on the table)

This is in no way advice for others - and I hope I make money - tons of it - on Wed on what I kept - but I need to smooth out this roller coaster a bit by taking some handsome profits