Fannie Mae (FNM)
A shareholder-owned company, which provides affordable housing capital to local communities in order to serve the U.S. housing market.
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bankruptcy charm here I come!
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Government owned company with a white house willing to let the money printer run all night long baby. This company is not going down and instead will be placed in the center of the housing recovery. Bet on it, bank on it.
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FNM follows FRE and AIG..
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Another one that connot go bankrupt, so can just go up in the future
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Weak and Deteriorating Cashflow
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people will always need shelter over their heads, fnm and fre will provide it as long as the goverment back the company up with people tax dollars.
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As soon as the toxic assets can be cleared, the economy should rise again. But however for this stock as well as FRE, this will be a traders stock not an investors stock. It has been flat as of lately, but when good news comes out again expect it to hover around 2.50
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FNM already has outperformed the S&P. Thompson Reuters has a 100% Starmine Accuracy Score, rates FNM as a BUY.
Thompson Reuters analyst opinion on Fidelity.com makes the most sense. Shorts will take a long term hit on FNM.
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New investors please beware!!!! the reason stocks like these have made gains is only because of the uneducated investors( n i actually dont mean that offensively) have bought into them with the mentality " they were huge before so they will be again, n its a good time to get in". that is not true. these companies have burned through money like hellfire n have proven to have shady management. they r bubbles waiting to burst hard!!! plus for new investors a bubble is an on overly large rise in value or false rise in value that is waiting to blow n plummit!!!! dont buy them!!! there r much more intelligent buys out there!!!
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My contrarian pick.
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> Govt owned company
> Exposure to housing sector - still a long way before comeback
> Heavy govt loans reqd for survival
> Absurd prices for a bankrupt cpompany
> The company future may be good, as it is a stable product in a stable housing market. But current retail investors will get nothing as it cant ride the wave without spending entire equity.
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It does seem a little strange giving this the red thumb, I mean considering I actually own a part of it. A rather large part of it. Thank you government, just what I always wanted!
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I believe these guys are bankrupt...
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Uncle Sam will not allow this company to fall or fail. As long as the federal government has money this company will plug along and do what it's been doing for years. One day you will wake up and this stock will be back to where it was when this all started over $84.00 a share. I saw this for sale at 30 cents a share and purchased a large amount and now I've made a lot of money on a penny stock for the fist time in my life. I expect to really clean up on this one. Already I've done very well and expet to see an increase like never before in my life with this investment. I suggest that you go for the oats on this one and see your investment grow like never before.
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I think this one could make it out of it's hole.
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This stock shouldn't even be a consideration nor should it's brother Freddie Mac. It stayed under the allowable one dollar limit for well past any reasonable time and wasn't put off the exchange like someone else woould have been. The picture for this government manufactured entity that is partly responsible for the global smackdown on the economies of the world should be painted with a bloody rag for all the pain and suffering it has been a party to.
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Going to zero. Day traders can drive it up and down all they want but in the long run (technically the short run because it's only a few months away) this puppy will mostly likely drop to zero after the government reveals it's plan to wind down FRE and FNM in February.
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Going to zero. Don't follow the surge. Its a trap.
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I actually bought this at .63 sold at $2.00.
Yes I know this is pure speculation, but I allow for
%10 of my portfolio to be invested in speculative stocks.
This ratio will change if the market ever starts making sense. In the meanwhile I'll take my profits.

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