Replies to post #196799 on Fannie Mae-No Politics (FNMA)

[JJ8]

Thanks, 10bambam. Very interesting and exciting:

I am not sure how it is all going to shake out, but a friend says that the short interest on Fannie Mae is rocketing like nothing he has ever seen since the Lehman days. The stock is "hard to find," so shorts are paying hefty premiums because they see this stock going to ZERO. On the one hand, bulls see entities too big to dismantle, eventually sharing profits with shareholders, making this stock worth at the very least $30.00 a share.

This is a drama to watch...the implications are amazing from government reach and manipulation, to shareholders rights, to lower rates and the role of the Federal Reserve.

Stay tuned!"

GLTA