Tue, Sep 2, 2014, 5:46 AM EDT - U.S. Markets open in 3 hrs 44 mins

Recent

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

Federal National Mortgage Association Message Board

  • yang_weng yang_weng Jul 18, 2013 5:58 PM Flag

    Analysis - this is a sort of "Trick Box" from which there is no escape

    I have tried and tried to make money from Fannie. But FNMA is a different animal than traditional Stocks.
    And now it just keeps meandering lower . . . and lower . . and lower. The feeling in the community is pessimistic and not getting better at this time. You know, if you play it right you can make money on a stock that moves down even though you cannot short OTC. But there isn't much up-and-down movement to gain profit from. Just slow declines with a minor bump up now and then.
    This is a long stretch of nothingness for Fannie and it is better to sell now and wait - possibly for a long time before re-entering. That is - wait for GOOD news - we have had a full month of 100% BAD news, repeatedly day after day. Forget the lawsuits - they are going nowhere. Until the Corker bill is shown to be DOA this stock won't do much - but when it is found that Corker's bill FAILS - this stock will take off like Gangbusters. So that is what I will wait for.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
FNMA.OB
0.00(0.00%)

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.