That run to over $5 was a gift for all of us. The current price in the mid $2's makes so much more sense. A $20 dollar stock does not jump to $40 in a couple days with no news so FNMA should not have did that big move to begin with.
I know I am damn happy I turned .97 cents into 4.84 on a half of my shares I sold.
The rest will just sit and wait for the long run be it good or bad.
Same here sold half my position @ $5 now riding it out with the other half. Slowly FNMA will start to creep up as economy strengthens and the housing numbers improve. Window to get FNMA under $ is closing...