Im going long on FannieMae FNM

Discussion in 'Stocks' started by Port1385, Jul 2, 2008.

  1. Jimmy? James Cramer? Nice of you to drop in, you being the big media star and all.

    But you really aren't much of a stock picker, are ya Crames? :p
     
    #111     Sep 8, 2008
  2. I had to register just to find out how things are going picking up all that FRE and FNM?? :p

    Or are you glad it was all paper?

    Scary but there's enough energy around this that there is still a play in each. A decent amount of money has been made today on them.
     
    #112     Sep 9, 2008
  3. jasonjm

    jasonjm

    good energy or bad energy?

    hehe
     
    #113     Sep 9, 2008
  4. kyc30090

    kyc30090

    That's sad outcome. Wonder if he is still a long term investor. When will he cut his loss or betting he can profit from the average down?

    That's why traders don't average down. The "investor" can perhaps buy them like lottery tickets or "long term investments" now.
     
    #114     Sep 9, 2008
  5. Hey guys, Im still here trading away on FrannieMac. 40% jump today.

    I took 20 trades today, still going strong. Im up 25%.
     
    #115     Sep 9, 2008
  6. jazzsax

    jazzsax

    I'm kicking myself in the ass on this one. I got in and out for fun yesterday, was fine....

    Was going to hold 10K overnight, they i wimped out. Would have been up a few k today. DARN!
     
    #116     Sep 9, 2008
  7. You're not alone. :(
     
    #117     Sep 9, 2008
  8. This is better then DALQ. With DALQ, the shares would eventually be cancelled. Frannie aint going anywhere backed up by the government. Lets trade!
     
    #118     Sep 9, 2008
  9. GTS

    GTS

    Of course no one believes you because you've already admitted that you make shit up:
    http://www.elitetrader.com/vb/showthread.php?s=&postid=2056493#post2056493
     
    #119     Sep 9, 2008