FRE, FNM, mortgage REITS ?

Discussion in 'Trading' started by dotslashfuture, Apr 9, 2003.

  1. I'm thinking these real estate mortgage exposed companies are looking a bit scary for longs. Anybody else see it that way ?
  2. bump


    Freddie down 10...Fannie down 3

    What would give you that idea???:confused:
  4. I tried to get this thread going 2 months ago, nobody was interested, now the shit has hit the fan.
  5. Babak




    Good article...thanks.
  7. nkhoi

    nkhoi Moderator

  8. Cooking the books is never good, but keep in mind that senior management in this case is accused of underreporting profits. FNM and FRE's growth has been real. After a few days to let the dust settle, might be a good time to buy them.
  9. fuck FRE- that p.o.s cost me THOUSANDS today!!!!
  10. how do you know their growth has been real if they have been cooking the books ????
    #10     Jun 9, 2003