Fnm A Good Short

Discussion in 'Trading' started by MondoTrader, Mar 28, 2003.

  1. Looking kind of ripe to me.
     
  2. looks nice right now.
     
  3. Why short good old Fannie?
    Has a very low p/e and pays dividend?
    Only due to TA?
    Even TA gives not that a good reason for shorting Fannie IMHO.

    So why?
     
  4. gimp570

    gimp570

    What does everyone think about shorting FNM (69.70) or FRE (52.15) There is all of this news about possible fraud. I would just like to here peoples opinions. I like them both short.


    M
     
  5. "OPINION ALERT"

    these are probably 2 of the hardest specialist to scalp when the stocks are in play......but i personally have liked these as long term shorts for awhile....something just smells rotten....and i personally don't see the upside potential. what's that saying about a few roaches???? i think we are just starting to see the harbingers of what is to come.
     
  6. 71.50 :D