# Freddie & Fannie Bailout

**URL:** https://forums.speedlife.net/t/freddie-fannie-bailout/52104
**Category:** NYSpeed Off Topic
**Created:** [July 24, 2008, 1:35pm UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104 "2008-07-24T13:35:34Z")
**Posts on this page:** 5
**Page:** 6

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### Author: ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)
#### Post date: [September 18, 2008, 11:24am UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104/101 "2008-09-18T11:24:34Z")

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down to zero?

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### Author: ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [September 18, 2008, 11:25am UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104/102 "2008-09-18T11:25:41Z")

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Ask Drew about his machine gun speech. It’s very motivational.

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### Author: ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)
#### Post date: [September 18, 2008, 11:25am UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104/103 "2008-09-18T11:25:58Z")

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> [@Joe](#):
>
> Total cost was just over $700. A year ago, that was $135,000 worth of stock. I figure it only has one direction to go at this point…

I guess… I think the only way you are gonna make money of it is… a small surge from like .30 with freddie to .4… take your 33% gain and run for the hills… you missed that boat though…

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### Author: ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [September 18, 2008, 11:29am UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104/104 "2008-09-18T11:29:49Z")

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They’re not going to go to 0. The feds have already shown that they have to keep them afloat no matter what. THerefore downside risk is very limited, whereas if the fed reorganizes them into anything remotely resembling decent companies, they could easily jump to a couple bucks.

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### Author: ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)
#### Post date: [September 18, 2008, 11:31am UTC](https://forums.speedlife.net/t/freddie-fannie-bailout/52104/105 "2008-09-18T11:31:22Z")

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> [@Joe](#):
>
> They’re not going to go to 0. The feds have already shown that they have to keep them afloat no matter what. THerefore downside risk is very limited, whereas if the fed reorganizes them into anything remotely resembling decent companies, they could easily jump to a couple bucks.

:tup:

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