Replies to post #194131 on Fannie Mae-No Politics (FNMA)

[Catfood Anderson]

I don't see a real trend here other than bad news, even when it's expected and means nothing long term, really takes the wind out of FNMA's sails. It happened in May, it happened when the bill was announced and then again when it was unveiled. When it dies, either in committee or the senate I'd expect a bump and then a climb back to 6 and beyond.

[Chrion Capital]

Other then Technicals what FUNDAMENTALLY makes you think that?

If its the potential for an unwind... that's clearly already been priced in.

This isn't some stinky pink stock... test of the 200 day MA will require another MAJOR negative news event. All IMHO

FNMA

[geotrade]

i'd be watching the 200 at 2.5 like a hawk. could be a nice bounce play there short term if we go lower.

Long term, F and F haven't been in a better position in terms of outlook for the last 5 years. The last week is noise. If your plan was to hold a core and you have calculated your risk stop paying attention to the nonsense for a while…

Lawsuits pending. Analysts saying the stock has value. Congressman saying the governments actions were illegal. This is all new and very positive.