FRE and FNM

and then change the bailout price to $5 a share when the shareholders complain that $1 is too low

 

This reminds me very much of ABK and MBI earlier in the year.

There are probably gonna be bullsh*t rumors that will drive these up from time to time, but those opportunities should prove themselves to be ripe times to short just like those bs ABK and MBI rallies. Now look at them in the low single digits.

 

Fed will allow Goldman to purchase both of them for $5 per share and guarantee no risk.

 

Another good Jim Rogers call.

 

Does anyone have any thoughts on my post from yesterday?

 

More new lows, yesterday on kudlow some guy, forgot his name, said that FNM and FRE were not going under....hmmmmm


If the Fed bailed out BSC I think they will be bailing out FNM and FRE as well.

 

Maybe they will be bailed out but who says equity holders won't be wiped out? What if they do a another take-under for $2.

 

thanks for the heads up

 

They are history this weekend. Get out if you are still in as they will be a government department on Monday.

 

I think you're right Trendy, it's a bit like Bear Stearns, where shareholders find out on Monday morning that they are getting $2 a share.

Except in this situation, they might be luck to get 2 cents a share.