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Fannie Mae stock down 40% today
Posted by: Bubbleonia ()
Date: May 29, 2013 01:06PM

Wasn't there some dude here in Fannie Mae stock?

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Re: Fannie Mae stock down 40% today
Posted by: Olde Farte, II ()
Date: May 29, 2013 01:11PM

Bubbleonia Wrote:
-------------------------------------------------------
> Wasn't there some dude here in Fannie Mae stock?

Yup, sure was!

However, I "took my profit" when the price was a mere 200+% over my buy-in price - it is, at the moment, about 300+% over that buy-in price, BTW, even with the price drop.

http://www.fairfaxunderground.com/forum/read/40/1191044/1201938.html#msg-1201938

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Re: Fannie Mae stock down 40% today
Posted by: Fan of Freddie ()
Date: May 29, 2013 01:21PM

Don't cry too many teras:

WASHINGTON (MarketWatch) -- The over-the-counter common shares of federally controlled mortgage backers Fannie Mae /quotes/zigman/226360/quotes/nls/fnma FNMA -21.08% and Freddie Mac /quotes/zigman/226335/quotes/nls/fmcc FMCC -21.07% fell Wednesday after seeing large gains over the past two weeks. In the early afternoon, Fannie and Freddie shares both saw a double-digit percentage drop. Both companies are under government conservatorship, and Treasury receives all of their dividends. While the firms' futures are unclear, investors hope that Fannie and Freddie will be able to shed government control after they've repaid all of the $187 billion received in government support. Both stocks have seen heavy trading volume since March. Despite Wednesday's decline, Fannie shares have jumped up more than 1,400% over the past 12 months, while Freddie's have increased almost 1,300%.WASHINGTON (MarketWatch) -- The over-the-counter common shares of federally controlled mortgage backers Fannie Mae /quotes/zigman/226360/quotes/nls/fnma FNMA -21.08% and Freddie Mac /quotes/zigman/226335/quotes/nls/fmcc FMCC -21.07% fell Wednesday after seeing large gains over the past two weeks. In the early afternoon, Fannie and Freddie shares both saw a double-digit percentage drop. Both companies are under government conservatorship, and Treasury receives all of their dividends. While the firms' futures are unclear, investors hope that Fannie and Freddie will be able to shed government control after they've repaid all of the $187 billion received in government support. Both stocks have seen heavy trading volume since March. Despite Wednesday's decline, Fannie shares have jumped up more than 1,400% over the past 12 months, while Freddie's have increased almost 1,300%.

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Re: Fannie Mae stock down 40% today
Posted by: liberal logic 65 ()
Date: May 29, 2013 01:44PM

IM sure it was just profit taking after a long holiday weekend. Have no fear, the players in the market will take theirs and get out while the getting is good leaving the suckers. IE 99% of everyone else whining into their dividends statements.

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Re: Fannie Mae stock down 40% today
Posted by: Liberal Logic 41 ()
Date: May 29, 2013 01:57PM

liberal logic 65 Wrote:
-------------------------------------------------------
> IM sure it was just profit taking after a long
> holiday weekend. Have no fear, the players in the
> market will take theirs and get out while the
> getting is good leaving the suckers. IE 99% of
> everyone else whining into their dividends
> statements.


Take your meds ferfux.

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Re: Fannie Mae stock down 40% today
Posted by: Stabitha ()
Date: May 29, 2013 04:25PM

liberal logic 65 Wrote:
-------------------------------------------------------
> IM sure it was just profit taking after a long
> holiday weekend. Have no fear, the players in the
> market will take theirs and get out while the
> getting is good leaving the suckers. IE 99% of
> everyone else whining into their dividends
> statements.

The stock market is controlled, manipulated, and dominated by professional traders these days. The average joe cant compete. Sorry

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