port1385 wins.

Discussion in 'Stocks' started by KINGOFSHORTS, Jul 14, 2008.

  1. Looks like port1385 wins on his big baller gamble going long friday.

    Elitetrader winner of the month for his big friday->monday 30+ Gain.
  2. [​IMG]


    Looks like I made a wrong call :)
  3. The government would never:

    - nationalize Fanny and Freddie simply because thats unAmerican and this country is not run by Hugo Chavez


    - let Fanny and Freddie go bankrupt because that will cause drastic economic consequences that will last many years.

    Thats simple math and I suggest you get some shares while they are trading at these discounted levels.
  4. how many shares make up your current position? And costbasis?
  5. 0
  6. Don't forget option C....

    Fanny and Freddie become a black hole and start sucking more and more of the gov's resources... creating larger and larger deficits until they make the Iraq bill look like a picnic...
    Don't worry, your grand children will pay for it...