1.1 Billion shares = Fannie Mae
675 Million share = freddie mac.
Making freddie mac a little more susceptible to change?
did i miss the fre train if i’d like to keep it for 6mo-1yr?
Shit son you have to make that call on your own. I say no but yet im still not putting more of my money at it lol.
Jeeze. I’m tempted to open a scottrade account just to buy $500 of fannie and freddie and hold it for a year. No way they’re going under, and once banks stop taking shit mortgages (or are at least not allowed to take shit mortgages) then those two oughta start a slow climb.
I threw in a day order to sell mine at 1.49. I know if it hits 1.50 they’re gonna drop and I can rebuy. If it actually fires, I’ll shit bricks.
:tup:
I found ameritrade to be a little less confusing, but requires 1000 initial. With your mind set as its not going under, using ameritrade with 1000 will only double your returns 
Ehhh tough call man I still think its going to move much more after these FGGTS get a bailout in order.
yeah, I’m going to rebuy even if it does sell, and there won’t be a bailout today.
It sort of makes sense to throw in some support for the holders of the shitty mortgages though if we’re going to spend all this money on them anyway. Problem is, they either have to get Bush to sign off on something that doesn’t just help big business, or make it bipartisan so they can override him.
Aight well I am headed back to work. Joe shoot me a text if anything funky is going on.
fitting the trend that it has for the past few days… it seems to aggressively gain morning to 1030-11, then slowly slide back down, then the next morning open pretty high…
Buy just before close? And expect it to open 20% higher tomorrow?
perhaps, but realistically, what are you in the market for? make a quick buck and pull out? long term strategy > short term speculation imho
I want to make a quick buck and pull out. Then cum on the stomach FTW.
short only, right now
thats a good way to lose money. the only way to make much, is invest quite a bit in something highly volatile, in which case you tend to lose quite a bit. if you happen to make money right now its more likely to be luck than anything else. the market is hardly an atm.
I’m well aware of the risk… thank you though for the concern (not condescending)
so I’m up like 3 grand right now on the fannie and freddie portion of my portfolio today…
:word:
Very possible and maybe worth a try. I only get to really be near the comp right before I go to work and on lunch break which keeps me out of a otn of these or else I would try it. Worst case scenario you dont sell it off and hold something that will probably do well.
100% BUT just because people might do some of these types of transactions does not mean that is all they do. Shit I go months without making quick buck trades but when the situation presents itself I will go for it.
FGGT!
so whos gonna win the race at the end of the day today, fannie or freddie? I say fannie is behind by 3 cents with half an hour to go and rallies for a 2 cent victory.
Remember last time you came in talking trash about the BSC trade and I made like 4k? You are ridiculous. I am up over 25% on investments this year(not just the stock market) it must all be luck right? Boy am I lucky!!!