Egg

Fannie, Freddie Shareholders Will Be Left Holding the Bag - Barron's

One point of contention:

The idea that FNM and FRE common stock will be left worthless after they raise the necessary capital to survive has been common knowledge now for weeks/months...yet the stock refuse to trade down any further.

This somewhat reminds me of the day BSC went under and the stock refused to trade down near 2 and rose all day. I remember David Faber (CNBC) actually chastising people on camera for paying anything over 2...then lo and behold a week later the stock was worth 10. The people in the know knew despite Faber.

And it's possible the people in the know know about FNM and FRE and that the government will toss a small bone to common shareholders, too.

That being said, I cannot bring myself to buy since I'm not in the know.

Barron's Goes Bullish on Banks, Again

I don't get it.

So they decided to "call a bottom" after the stocks rallied 25% or so from the bottom?

Really going out on a limb, aren't they?