I've been in since 2008 too, added more in 2013, jumped into FNMA too in 2013 at the higher time and was so happy recently to finally be in the green, almost back to that point. My gains with FMCC are still great but this is a stock I count on for retirement & hate these drastic wipe outs. Well, for some newbies, a good opportunity to have bought at the low today, glta.
Don't forget how many people use stop losses and got thrown out. When Freddy and Fannie crash, it's lightening speed.
Gotta love FNMA and FMCC, not always good for the faint of heart.
That was probably one of the best jokes I've seen in a while. Come on GNW, let's finally finish this month out at $18 already.
I hope you are wrong, all stocks get caught up in the cycles of the market's fluctuations but my goal is $23-24 with FNMA & $60 for FMCC. I'll wave to you from my yacht.
THREE DOGS AT THE VET...
Three dogs were sitting in the waiting room at the vet's when they struck
up a conversation. The Black Labrador turned to the yellow Labrador and
said, "So why are you here?"
The yellow Lab replied, "I'm a pisser. I piss on everything....the
sofa, the curtains, the cat, the kids. But the final straw was last night
when I pissed in the middle of my owner's bed."
The black Lab said, " So what's the vet going to do ? "
" Gonna cut my nuts off," came the reply from the yellow Lab.
"They reckon it'll calm me down."
The Yellow Lab then turned to the Black Lab and asked, "Why are you here?"
The Black Lab said, "I'm a digger. I dig under fences, dig up flowers and
trees, I dig just for the hell of it. When I'm inside, I dig up the carpets.
But I went over the line last night when I dug a great big hole in my
"So what are they going to do to you?" the Yellow Lab inquired.
"Looks like I'm losing my nuts too," the dejected Black Lab said.
The Black Lab then turned to the Great Dane and asked, "Why are you here?
"I'm a humper," said the Great Dane. "I'll hump anything. I'll hump the
cat, a pillow, the table, fence posts, whatever. I want to hump everything I see."
Yesterday my owner had just got out of the shower and was bending down to
dry her toes, and I just couldn't help myself. I hopped on her back and
started hammering away."
The Black and the Yellow Labs exchanged a sad glance and said,
"So, it's nuts off for you too, huh?"
The Great Dane said, "No, apparently I'm here to get my nails clipped! "