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    All Forums | Investments

    FNMA

    Fire_Control
    CAPT-DOUCHE
    Pipe-Light
    slamspurs
    Participants:
    Search
    Views: 693
    Posts: 5
     
    Fire_Control
    Fire_Control
    Rookie
    Participation Meter
    Joined: Oct, 2009
    Posts: 922
    Posted: Dec. 13, 2014 - 8:06 PM ET #1

    Now that they seem to be back in business, does anyone think it is worth a small play with a 5 year time frame?
    Reply
    To remove first post, remove entire topic.
    Now that they seem to be back in business, does anyone think it is worth a small play with a 5 year time frame?
     
    CAPT-DOUCHE
    CAPT-DOUCHE
    Banned
    Participation Meter
    Joined: Oct, 2014
    Posts: 5903
    Posted: Dec. 15, 2014 - 4:28 PM ET #2

    I have 50 K on this crap since 1.77, it’s giving me a stroke watching it. 
    Reply
    I have 50 K on this crap since 1.77, it’s giving me a stroke watching it. 
     
    CAPT-DOUCHE
    CAPT-DOUCHE
    Banned
    Participation Meter
    Joined: Oct, 2014
    Posts: 5903
    Posted: Feb. 19, 2015 - 12:27 AM ET #3

    Nice run we had, i hope it’s not fake. 
    Reply
    Nice run we had, i hope it’s not fake. 
     
    Pipe-Light
    Pipe-Light
    Veteran
    Participation Meter
    Joined: Sep, 2009
    Posts: 2587
    Posted: Feb. 23, 2015 - 2:38 PM ET #4

    You r really roling the dice as the FED doesn't want to free it up. That means that republicans like controlling it and pushing that money towards their banks.

    Doubt it will ever be a seperate entity and pubs controll the courts, no matter how much they pay back, or even pay huge interest payments, the feds have it closed off...

    Very risky...

    Reply

    You r really roling the dice as the FED doesn't want to free it up. That means that republicans like controlling it and pushing that money towards their banks.

    Doubt it will ever be a seperate entity and pubs controll the courts, no matter how much they pay back, or even pay huge interest payments, the feds have it closed off...

    Very risky...

     
     
    slamspurs
    slamspurs
    Captain
    Participation Meter
    Joined: Dec, 2004
    Posts: 5721
    Posted: Feb. 25, 2015 - 9:46 PM ET #5

    Quote Originally Posted by Pipe-Light:

    You r really roling the dice as the FED doesn't want to free it up. That means that republicans like controlling it and pushing that money towards their banks.

    Doubt it will ever be a seperate entity and pubs controll the courts, no matter how much they pay back, or even pay huge interest payments, the feds have it closed off...

    Very risky...

    High risk, high reward. I was watching it at 25 cents, but it was flatlining for months. I would have considered jumping in at 22 cents, but then it triples to 75 cents in a short timeframe.

    It looks like it's done this cycle 3 times now. It's made a huge run from $1 to $5, hit a wall, then, bled money quickly back to the 1s, then went back to 5.

    I had all my money tied up, but I wanted to get back in at 1.50. I'm still holding 1000 shares of FMCC that I bought at 72 cents from years ago.

    It drops quickly after a legislation scare, but slowly but surely always goes back up. As long as they never do pass legislation you're safe.

    If it completes another cycle and gets back to the 4-5 area you should sell.

    Reply
    Quote Originally Posted by Pipe-Light:

    You r really roling the dice as the FED doesn't want to free it up. That means that republicans like controlling it and pushing that money towards their banks.

    Doubt it will ever be a seperate entity and pubs controll the courts, no matter how much they pay back, or even pay huge interest payments, the feds have it closed off...

    Very risky...

    High risk, high reward. I was watching it at 25 cents, but it was flatlining for months. I would have considered jumping in at 22 cents, but then it triples to 75 cents in a short timeframe.

    It looks like it's done this cycle 3 times now. It's made a huge run from $1 to $5, hit a wall, then, bled money quickly back to the 1s, then went back to 5.

    I had all my money tied up, but I wanted to get back in at 1.50. I'm still holding 1000 shares of FMCC that I bought at 72 cents from years ago.

    It drops quickly after a legislation scare, but slowly but surely always goes back up. As long as they never do pass legislation you're safe.

    If it completes another cycle and gets back to the 4-5 area you should sell.

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