Hehe. Dont make fun of Fannie, this is a good trading stock. Fannie and oil right now are the hot tickets. Why dont you jump in and get on the ride?
I've already been enjoying the ride for quite a while now, thanks! See- I've accumulated over 200 USO calls... naked short! :eek: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2034665>
Port1385---sounds like the guy who sends all the viagra and porn stuff to my yahoo account and the off the wall investments in India and China. No matter how many times he says 'buy,' it won't effect the market. Fed will pump Goldman with gobs of cash to buy FannieMae at $2 in an agreed merger. This is my guess. Oh and hello. This seems like a fun place to play. Quite entertaining to say the least. Now how can I make money...
Come on Portie man, im rooting for you mate! At the end of the day Fannie Mae wont be allowed to fail..., thats a fact. The danger is though that it will end up like bradford n bingley, it will get taken over by the government but like B n B it will just be taken of the market as tradeable. So the comany will survive and keep going, maybe even join with freddie mac into 1 giant, but wont be tradeable. Im on your side though mate, good luck..
We can't even wait till the weekend. It is too ugly! Paulson needs to take out the gun and put these two out of their misery right now.