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Federal National Mortgage Association Message Board

  • vanequities vanequities Jun 26, 2013 9:27 PM Flag

    2 Weeks of losing Thousands = Insanity

    I used to be a very effective trader, but now I am officially insane.

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    • Im on the same boat. Sad but my gut told me. I shuold hold on to it.

      Sentiment: Strong Buy

    • sahmmediapreneur Jun 26, 2013 10:05 PM Flag

      Times have been tough for a lot of us who lost value. It's not totally lost until you sell. It's time to start winning in other areas to get attention away from FNMA. We can all make money with something else by producing value. I got forced into holding FNMA long. Shoulda, coulda, woulda waited till it was where it's at now because it still makes the kind of moves that would have made me a killing with the kind of money I invested at $3.93 ($30k total!). Getting forced into long is no fun. WAITING drives you insane, especially with regards to money. So you have to start winning in other life areas or even by other small investments in order to keep your eye on the ball. GET OUT OF WAIT and into ACTION. Take attention off the loss of share value and put attention then action into something that can increase in value. Sometimes coming on this board can make shareholders feeling down on their luck really feel like #$%$. You have to step it up by increasing the knowledge and get ready for the next piece of news that will change things. Better yet, be a newsmaker by creating media that could affect the viewpoint about FNMA to the world. Out-create the media manipulators that are screwing with our money. Go and USE your YouTube account by becoming a Opinion Leader. If Psy can do it, so can you!!!

      Sentiment: Hold

    • don't feel bad ... I lost a few hundred thousand. BUT, I wouldn't call it a loss because I didn't sell any share since that high of $5.44. Sounds pretty stupid, but that is how to have long term investment in something I truely believe in. In fact, I bought a big chunk today since it is so cheap. Don't panic, all it takes is a few good weeks and we'll be back to where we were and beyond. Remember how long it took to go from $1.5 to $5.44 last time ???

      Sentiment: Strong Buy

1.70-0.01(-0.58%)Apr 29 3:59 PMEDT