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Federal National Mortgage Association Message Board

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  • fuzzhead72 fuzzhead72 Jan 30, 2011 4:55 PM Flag

    One last time - 3 weeks away

    >Most of the YMB here have held and my confidence grows every day that ~$25 will be the result >and not zero

    I can only hope - I got in at about $14, and then held on when it got down less than 50 cents and was delisted. I actually invested almost 20% of my IRA in this, when I read some articles online that stated that the stock was backed by the US government, and that they could not afford to stop paying the dividend, because of the side effects to the economy. So much for that. I thought it was a safe investment which would have low volatility.

    At this point, I'd be happy to get my $14 back, but of course I'll take the $25 if it is offered!