Just to think, had we bought FRE/FNM at .25/.35 ....

Discussion in 'Trading' started by Adobian, Sep 24, 2008.

  1. Keep going higher, I will be waiting after the short ban expires (assuming they don't extend it). Hopefully there will be shares available to short, probably won't be though.
     
    #11     Sep 25, 2008
  2. ElCubano

    ElCubano

    my aunt has a mustache......she could pass as my uncle...:D
     
    #12     Sep 25, 2008
  3. Adobian

    Adobian

    It looks like it's going much higher from here. May back to 10 dollars. Does this make sense at all?
     
    #13     Sep 25, 2008
  4. i sold half my position just before todays close, going to hold the rest for sometime in between congress announcing it is all out and the ban on short sales, i think there will be another opportunity for these guys.
     
    #14     Sep 25, 2008
  5. I picked up 2000 at .64, could make some serious money if it goes near to 10 as the previous poster thinks. I actually think there's a chance they will re-emerge down the road due to political support and their finances are really not that horrible -- just credit crunch.

    Worst case I lose about a grand :mad:
     
    #15     Sep 26, 2008