Replies to post #178861 on Fannie Mae-No Politics (FNMA)

[jarenawer]

Wow what euphoria! Imagine when this climbs one buck a day;-)

[stockprofitter]

Waiting years is easy especially since you know the value of what you hold.

Stocks like this come around only once in a lifetime.
Anything under $20 even while in conservatorship is absolutely insane.

I consider fair value upon exit of conservatorship at approximately $140 so to be trading at 1/7th of value is way realistic.

Way realistic.

[Always wondering]

Very difficult. I made a few trades there that were either bad or worse. Swore it wouldn't happen again. Reloaded and held ever since but as you said, it's not easy.