Not saying to keep it to the sidelines but keep you assumptions that you have a clue about our financial situations to yourself. Why would you assume the worst? Ill tell you why because thats what you want to believe. I expected better of you is all so I called you out on it. I dont give stock advice I am simply here for some decent discussion during the day to be honest. You didnt belittle the advice you belittled us with your BS opinions or how we run our money. But whatever its nothing new that you cant have a single adult oriented thread on here without a million haters coming in. But you dont have to be a big meanie I said I still <3 you.
<3 MACHINE GUN
And for the record, I did my own research, but the initial idea I got from Drew mentioning it in this thread.
<3 freddie.
1.26 and 1.36 - Freddie, fannie respectively…
What a good day for both.
DARN! FRE and FNM doing good! Too bad they didn’t let me buy on margin for both of them
Yea I dont care what some of these people say we really have had some good $$$ generating conversation although most of it taking place off the forum. My only regret now is that I only bought like 3k shares since I was timid(like everyone else last week).
+1
I know right. Im trying my best to figure out where they are going to settle and if I should buy more. Im still holding WM after yesterday since I couldnt sell it I think it will have one more solid push in it after the bailout. Also I think RDN and other mortgage insurers should be looked at because well a bailout should take weight off their shoulders as much as financials but people arent on to them as much yet.
reading some of the comments on the google page… it looks like many have the idea to sell at 1.5.
so snagging it at 1.4 and selling at 1.5 is still a 8% increase… i say go for it… it might hold out until 2… who knows… shit its up 50% today alone I could see the confidence in many beginning to grow and hold it.
I also have not seen any really bad news to indicate a sell point
Well the reason I like it so much like I told Joe given all of its backing by the FED you have a company that is like a weak little kid but the kid has a fucking machine gun. So its weak yea but its not going down and people are seeing that. I really find it hard to believe the stock will be under 5$ a year from now.
I agree, as long as everything works out well, and the machine gun (.50 cal armor vehicle mount, sharing the army lingo with you) doesn’t get taken away. buy into it, it would be a great long term (year) invest
I really need to get an IB account up and running.
Those FGGTS over at congress need to get the fucking ball rolling. I swear im going to vote republican over these FGGTS.
yea that big 1.5 sell off did happen with Freddie… its down to 1.36.
1.25 buy again?
fnm and fre are not going under anytime soon. that would happen if we have a total economic collapse, in which case your cash is basically monopoly money anyways.
im not holding fre in the off chance that it will go up a little bit. i think it will recover slowly over time… and i will make money off of it. im not selling it at 1.50, im not selling it at 2.00. i am holding it for a while.
there was a big sell off at 1.5 for freddie already. in retrospect joining the crowd at the 1.5 sell off and rebuying at 1.3-1.25 would be a big jump
what do you guys think about AIG?
i think aig has a lot more risk than fnm and fre. thats just my personal opinion.
You are right but I agree with above. But im at work away from a comp all day and have to trade on my phone otherwise I might feel different. If it sees $2 I will split my shares in half.
Anyone have any incite on why Freddie Mac is increasing in value faster than Fannie Mae?
Freddie - .25 low current 1.36 todays high at 1.50
Fannie - .43 low current = 1.28ish
No but a bowl of soup just exploded in my microwave. Im pissed
:zong:
:picard:
and no, i dont. i got on the fre train at .50. loving life right now. i will be loving it even more at $10/share in 6 months.