woody
Fannie Mae Stock - Good time to buy 9/8/2008 4:02PM Reply | Return to Index | Report Post
Is it a good time to buy Fannie Mae stocks now considering that they are listed at 74 cents a share? Any chance of the stock rebounding post government take over? Thoughts?
workerbee
RE: Fannie Mae Stock - Good time to buy 9/8/2008 4:24PM - in reply to woody Reply | Return to Index | Report Post
No. Stay out. The Stock is about to cease to exist.
Surprise!
RE: Fannie Mae Stock - Good time to buy 9/8/2008 4:31PM - in reply to woody Reply | Return to Index | Report Post
I think it'll go the way of penny stocks soon.
insurance 83
RE: Fannie Mae Stock - Good time to buy 9/8/2008 4:40PM - in reply to woody Reply | Return to Index | Report Post
Post government takeover implies you wont own the shares. The question is will FNM and FRE go to zero or will the nominal fee the government pays for your shares be higher.

Go buy 100 lottery tickets there going for $1 too and there's more upside.
insurance 83
RE: Fannie Mae Stock - Good time to buy 9/8/2008 4:41PM - in reply to insurance 83 Reply | Return to Index | Report Post
"they are"
LetsRun.com Get an Extra 20% off on Spikes/Flats from the leader in track and field/racing shoes Eastbay.com. You'll automatically see the discount at checkout. Email us at letsrun@letsrun.com if you have questions.
Nike Pegasus 20% off. Special LetsRun.com savings on the Nike Air Pegasus.
Nike Mayfly Extra 20% Off.
10% off and Free Shipping on the Kinvara.