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Federal National Mortgage Association Message Board

  • llcoolm11 llcoolm11 Oct 2, 2013 4:12 PM Flag

    Not Selling

    Today is just a sample of what is more to come with FNMA. If you liked the action today, you will like what is more to come.

    1. Release from C-ship
    2. Corker/Warner & Hansarling bills dead
    3. New bills to reform F&F not eliminating them
    4. Relisting at NYSE

    Any of these news could make today's action look like child's play as the run up was on no real news.
    As I said before, it may seem like a smart play trading this stock short term, due to the unpredictability and very high liklihood that it will go much higher, stick to your thesis of what you believe will happen in the future.

    My thesis is that there is very liklihood that any or all of these will happen in the next 6 months to a year.
    And because of my due diligence and my conviction in my thesis, I'm not selling.

    I wish you all the best whether you are long or short. The goal is for all of us to make money right?


    Sentiment: Strong Buy

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2.35-0.10(-4.28%)Jul 31 4:03 PMEDT