Im going long on FannieMae FNM

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

  1. FannieMae isnt going to "zero" and I will keep building my position. No, Im not overleveraged into this. I build a few grand at a time for a long term hold. The government will not let FannieMae fall. Its part of our economic backbone.
     
    #41     Jul 8, 2008
  2. Daal

    Daal

    Tell that to joe lewis :p
     
    #42     Jul 8, 2008
  3. yeah he really did. he has a future if he keeps buying stocks crashing to 52 week lows and holding them overnight. maybe he can be port's protege.
     
    #43     Jul 9, 2008
  4. ur crazy
     
    #44     Jul 9, 2008
  5. jasonjm

    jasonjm

    lol, you all schooled BTT

    who are the bagholders on fannie and freddie? pension funds and state investment pools etc etc?
     
    #45     Jul 9, 2008
  6. Biog

    Biog


    Is it time to buy more???


    :D :D
     
    #46     Jul 10, 2008
  7. What happens if Fannie is nationalised? Does that make all privately owned stock worthless?
     
    #47     Jul 10, 2008
  8.  
    #48     Jul 10, 2008
  9. Haha. Keep that rumor mill going. I am buying more as it goes down. Maybe the socialists will take over America too.

    I got more at the lows of the day and continuing to build my position buying heavier as it goes down.

     
    #49     Jul 10, 2008
  10. S2007S

    S2007S



    Whats your avg price at now??????

    Im thinking of buying 1 share just for FUN!!!!!!


    :p :p :p :p :p
     
    #50     Jul 10, 2008