Im going long on FannieMae FNM

Haha. Im sorry for the mispelling. Im clicking away on a mobile device and it completes the word for me so I get all these mispellingz at times. Oh well.

 

And you're LONG the UYG from $29.00
Good Luck.

 

He says no, but how long can he let this go. Yes to Bear Stears , but no Fannie?

 

At least he is long with real money versus papertrading like you do.

 

And look who is calling the kettle black?

 

There is nothing wrong with winning in a lottery. Most people lose though.

 

Very soon (in two weeks ) FNM will be in $2 range. $5 trillion loss? holly shit !

 

Just a few months ago I was considering WB a great buy at $38 !!!!. Duh... Now at $13 range.
Just have patience and FNM will die miserably in front of you.
No mercy for a company that loses over $5 trillion and is quiet and does not say anything till others find it out.

 

Discount window open to FNM ...should help their solvency for near future.