LT,Quote:
Originally Posted by LT LT LT
I'm all for that.
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LT,Quote:
Originally Posted by LT LT LT
I'm all for that.
I wouldnt touch FNM till .38 cents. Period. Why buy that pig for more? Wait till DOW 6000 again, then buy it.Quote:
Originally Posted by asm610
I would just hate to miss a run from .50 to $2.40. I have bought fnm multiple times at .72 or so and sold on the run up over a dollar got over 2 dollars one time. I have seen it break into the .40 and want to take a little less risk this time so i am waiting til then. Although I am also afraid of the equity getting wiped out and so I could see .30 or worse. Only reason I would buy fnm again is because I would only be using fnm profits. I bought it a while back thinking gov might use it to fix housing now i think their is a better chance it gets wiped out then put back to old self.
Sorry this is so run on but my thoughts on fannie are not clear at all