Just because Fannie and Freddie are worth zero right now doesn't mean that the stock is going to go to zero. If that was the case there would be no airline stocks.
FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? [View article]
On Jul 10 12:35 PM Bruce Krasting wrote:
> Jake: There are no shareholders. This stuff is trading at 50cent > because there are so many shorts that can't cover at these prices. > That will work itself out. The stock is worthless. There is no upside > to it. >
I ask because I'm a shareholder. I've been holding since $1.15 and was too stubborn to take my losses when it crossed back over $1 several months ago. I bought this with a long term perspective, but I'm starting to come around to the fact that there may not be a long term. Within a month, FNM will either reverse split or be de-listed and I don't want to be a holder when it happens. I will spend the weekend trying to determine if there is anyway it can make a run to .60-.70 so my loss isn't so devastating. If not, I'll take my punishment on Monday.
> You'll notice the Islamic Extremists dont mess with the Chinese....
This is probably due to the fact that China hasn't been playing king-maker in the Middle East for the last 80 years like the United States and other Western countries have been.
> A fairy tale is a frog being turned into a man with the wave of a > magic wand. Evolutionist claim, give a frog 300 million years and > it will turn into a man - well, a fairy tale is still a fairy tale, > frogs do not turn (evolve) into men. Sony said Cher was so stupid > she thought Mount Rushmore was a natural rock formation (that is > caused by time and chance). Evolutionist think man was caused by > time and chance - I guess they are not as"smart" as Cher
The problem with debating a ID advocate about evolution is that those who argue against it are the ones who know the least about it. No where in evolution does it claim that a frog can turn into a human.
Next you'll probably break out the weary "It's only a theory" and "If we came from monkeys, why are they still here" arguments.
Feel free to join the rest of us in the 21st century at any time.
"In all, President Bush has done a President's most important job exceptionally well: "Keeping us safe in times of war". Thank you Mr. President!"
Yeah, he's done great. Oh, except for that one time when terrorists flew planes into the WTC killing 3000 Americans. Oh, and also that time he attacked a country that had nothing to do with Sept. 11th, resulting in the death of over 100,000 Iraqis and 4000 American soldiers.
Yep, George Bush will be remembered as a great president...as long as everyone has their memory wiped this coming January.
Sort by:
Latest | Highest ratedThe Fannie and Freddie Anomaly [View article]
FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? [View article]
> Jake: There are no shareholders. This stuff is trading at 50cent
> because there are so many shorts that can't cover at these prices.
> That will work itself out. The stock is worthless. There is no upside
> to it.
>
I ask because I'm a shareholder. I've been holding since $1.15 and was too stubborn to take my losses when it crossed back over $1 several months ago. I bought this with a long term perspective, but I'm starting to come around to the fact that there may not be a long term. Within a month, FNM will either reverse split or be de-listed and I don't want to be a holder when it happens. I will spend the weekend trying to determine if there is anyway it can make a run to .60-.70 so my loss isn't so devastating. If not, I'll take my punishment on Monday.
Thanks for the reply.
FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? [View article]
And what of the shareholders in such a scenario?
China Stirs a Pot of Gold [View article]
On May 08 11:29 AM Mark123 wrote:
> You'll notice the Islamic Extremists dont mess with the Chinese....
This is probably due to the fact that China hasn't been playing king-maker in the Middle East for the last 80 years like the United States and other Western countries have been.
Oil: 'To the Moon'? [View article]
Yeah...sure...
Why Apple Belongs in Every Portfolio [View article]
As soon as they start paying dividends, I'll drink the Kool-Aid with you.
Wall Street Already Back to Its Criminal Ways? [View article]
It pains me that my retirement ebbs and wanes due to the whims of these fucking crooks.
Where's my pitchfork?
Did Dendreon Play with Fire? [View article]
Will All Be Well at Wells Fargo? [View article]
We have no clue what's on their balance sheet and how deep they're into CRE that is in the process of going bad.
Long term, WFC should be ok. Short term they are going to get massacred.
Stewart vs. Cramer: A Cheap Shot [View article]
On Mar 16 03:20 AM mr freddo wrote:
>
> Did Cramer really do anything unethical or illegal? No, I don't think
> so?
You mean outside of admitting that he used to manipulate the market when he was a hedge fund manager?
Silver Backwardation: Prices About to Soar [View article]
Monsanto: Watch It Grow [View article]
Gearing Up for $1000 Gold [View article]
Ben Stein Watch: December 28, 2008 [View article]
On Dec 29 11:06 AM rcs wrote:
> A fairy tale is a frog being turned into a man with the wave of a
> magic wand. Evolutionist claim, give a frog 300 million years and
> it will turn into a man - well, a fairy tale is still a fairy tale,
> frogs do not turn (evolve) into men. Sony said Cher was so stupid
> she thought Mount Rushmore was a natural rock formation (that is
> caused by time and chance). Evolutionist think man was caused by
> time and chance - I guess they are not as"smart" as Cher
The problem with debating a ID advocate about evolution is that those who argue against it are the ones who know the least about it. No where in evolution does it claim that a frog can turn into a human.
Next you'll probably break out the weary "It's only a theory" and "If we came from monkeys, why are they still here" arguments.
Feel free to join the rest of us in the 21st century at any time.
Buy Ford, Short GM [View article]
Yeah, he's done great. Oh, except for that one time when terrorists flew planes into the WTC killing 3000 Americans. Oh, and also that time he attacked a country that had nothing to do with Sept. 11th, resulting in the death of over 100,000 Iraqis and 4000 American soldiers.
Yep, George Bush will be remembered as a great president...as long as everyone has their memory wiped this coming January.