My Fannie is on Fire

Sort by newest Sort by date
J

jonfresno

Analyst
Reaction score
60
And that's a good thing....

Been holding a small number of Fannie Mae shares that I bought for $2.60 for a long time. Looks like Trump might have folks around him that could veer policy towards releasing Fannie and Freddie so they can fly and be free and re-capitalize.

Stock's been shooting up the past week or so. Some were lucky enough to get in around 1.25 - 1.50 a share.

Fannie, Freddie surge as Trump taps advisors who back privatization - MarketWatch
 
Back in 2008, I bought a TON (for me) of Freddie Mac at $5 a share about a week before it crashed.

I hung onto it for about 15+ years, watched it go to .20 cents- and finally gave up and sold it when it was like $0.40 a share a couple years ago.

That was again, the stupidest thing I have done in a while. (Sigh)
 
Last edited:
You must log in or register to reply here.
Back
Top