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  • Fannie and Freddie: Worthless? [View article]
    I can not imagine that "anyone" in the US has the ability to forecast with any degree of certainty what the value of FNM or FRE stocks are.
    That being said, no one can argue that both at technically bankrupt.
    Lastly, this leaves us with only one option.... Short-Term trade the swings as I have been doing all year. When you buy, be sure to add a Trailing Stop in case another idiot analyst decides to make a name for himself by downgrading one or both.
    I managed to catch 3 or the 4 run ups this year and am currently sitting on a profit of $118,000 from just these two stocks. I could care less what the value will be 10 years from now... I just want to stock price to run up and down so I can make more money.
    For that matter, I could care less what any stock is going to be worth 10 years from now... just get in, make some money and get out.
    No need to beat the company up and worry about some value in some distant future... just my opinion, but I love volatility... great way to make huge profits.
    Take a look at the 3X ETFs if you want to see some real crap... whether you play the Long side or the Short side...they are all losing money!!!
    Oct 20 18:23 pm |Rating: +2 0 |Link to Comment
  • New Housing Initiative Insures Freddie and Fannie's Survival [View article]
    Wow Taymere... you need to get up to speed with the Past. This is nothing new, the Feds have been making loans through these agencies for 50 years! All they are doing is just adding more layers of bureaucracy to the mess to create more rules and jobs, cut down trees and print more paper. Jobs for the agencies... jobs for the lumber mills... jobs for the paper industry... jobs for the printers.
    Comparing what is happening with our housing markets to Nazi Germany is a real stretch. Sounds to me like you are laboring under the "Chicken Little" syndrome or you may be deemed just another alarmist that makes up conspiracies.
    The real crock of bull comes from the idiot analyst Keefe, Bruyette & Woods (KBW)... thinking that the stocks will go to $0.00. The idiot that made this statement should be fired.
    So far this year I have profited nicely by playing FNM & FRE... currently standing at $118,000 of profit. Fully expect to profit even more due to the recent drop in share price. But I am fully aware that not everyone shares my opinion of the potential here... you keep worrying about what "might" happen and I will continue to make money on the come back of FNM & FRE.
    Oct 20 05:33 am |Rating: +4 0 |Link to Comment
  • Freddie and Fannie: So Bad They're Good? [View article]
    You gotta love it when people like Bruce offer their opinion "after" things have moved! Where were you a month or more ago when most of the intelligent investors were accumulating shares of FNM and FRE? I for one saw this big surge coming all year and I do not hold any degree in economics!...Duh!

    If you really know what is happening - you should have been advising people to buy both stocks over the past 3 months! Then you would have some very happy followers at this time.

    To offer an opinion regarding why the companies are in trouble is of no value to anyone...least of all Investors that are looking to make a profit... take some time off to rethink your goal of helping people make decent returns and then write an article that will be of value.
    Aug 11 07:12 am |Rating: +5 -4 |Link to Comment
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