$1.09 -0.01 (-0.92%)
12/3/2009 4:01 PM

Freddie Mac (FRE)

CAPS Rating: 1 out of 5

A stockholder-owned corporation chartered by Congress to create a flow of funds to mortgage lenders. Purchases certain residential mortgages that it finances by issuing mortgage pass through securities and debt instruments in the capital markets.

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Member Avatar MLGtrader (99.86) Submitted: 8/20/2008 11:46:58 AM : Outperform Start Price: $18.62 FRE Score: -72.06

Instead of going to the casino this weekend, put a few hundred in FRE. I did it, everyone else is doing it. Sit at your computer and watch the ticks up and down. It is better than the casino slot machines. The best part is that instead of fighting the casino to make money, you get to fight the government. Which I hate more than some random indian chief. In with real dollars at 3.61. Stop order at 3.13. C'mon, big money, big money.

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Member Avatar MLGtrader (99.86) Submitted: 8/22/2008 3:13:19 PM
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FRE hit my limit and sold. I did the smart thing and walked away. It has since fallen further. I don't know the future of these garbage machines, but there is huge money to be made really fast on FRE and FNM. I may test my luck at the slots sometime in the future.

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Member Avatar jdgee2 (< 20) Submitted: 8/27/2008 3:06:17 PM
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MLGtrader , I love it ! garbage machines is right, but FRE is here to stay... won'a bet ?Jon

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Member Avatar ckaminsky1971 (72.09) Submitted: 8/27/2008 11:03:40 PM
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you get FREE DRINKS at a casino ;-)

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Member Avatar DeerHunter73 (70.46) Submitted: 8/28/2008 10:29:33 AM
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nothing is free some looser at the tables or slots is payin for them!

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Member Avatar nickbaes (89.60) Submitted: 9/9/2008 8:51:15 AM
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did you get your real money out of the casino ?

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