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  • The Fannie and Freddie Anomaly [View article]
    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.
    Aug 31 18:09 pm |Rating: +1 0 |Link to Comment
  • 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.

    Thanks for the reply.
    Jul 10 16:25 pm |Rating: +2 0 |Link to Comment
  • FHFA Five Year Plan: Where's the Exit Strategy for American Taxpayers? [View article]
    Adam855-

    And what of the shareholders in such a scenario?
    Jul 10 11:15 am |Rating: +1 0 |Link to Comment
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