% | $
Quotes you view appear here for quick access.

Federal National Mortgage Association Message Board

  • rudman7788 rudman7788 Apr 5, 2013 1:45 PM Flag

    My 2 Cents

    Clearly, the share price of both FNMA and FMCC are going to incrementally rise until the release of their 1st qt earnings.

    So why have these stocks been flat / slightly down since Wednesday morning? Well, besides the fact that many people began to realize some of their gains after Tuesday's TERRIFIC annual earnings report, I believe that the stock price has been factoring in the anticipation leading to today's relatively weak employment report. Still, this months unemployment numbers are likely an outlier. Therefore, I believe that the slow, yet steady positive employment numbers will resume.

    The human ego is a funny thing. Individually, we are idiots, we are intellectuals, and, well, we are also simply average. But collectively, we create a rational and sound marketplace. So remember, pumpers pump and bashers will bash, but independently audited SEC filings simply do not lie. Best of luck to us longs, we should all look forward to another positive quarter!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • and furthermore we were at the 0.27 level for the longest time at least 1 year if not more ; I remember checking the price everyday and always between 0.27 - 0.30 ; so with now everything done and said and stabilization finally reached at 0.87 that is pretty darn good ; to go from 0.27 to 0.85 is fantastic ; the fact that it reached 1.47 before falling does not matter

      Sentiment: Strong Buy

    • Nicely written Post. One of the very best I've read on this board. I agree, both FNMA and FMCC will continue slowly moving up, then down, back up again as we approach the release of 2013 1st Q earnings, along with how much and when the DTA will be factored into the equation.

      Sentiment: Hold

2.24-0.02(-0.88%)Oct 2 3:59 PMEDT