Fannie Mae Preferred...

Discussion in 'Stocks' started by serving4theking, Dec 16, 2008.

  1. With new government coming in and an obvious need to eventually repair the mortgage market, does anyone think that it might make some sense to invest in a few thousand shares of the dirt-cheap Fannie Maw preferred, like the S series under $1?

    In 5-10 years, is there a decent chance of it making its way back if the conservatorship ends?

    I'm new here, so feel free to bash this idea. Just curious what others might think.