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View Full Version : Buy this stock now!!!!

buckman
03-18-2009, 05:43 PM
http://www.foxbusiness.com/research.html?referrer=fn&searchString=fnm

Can't miss
The Dad Fisherman
03-18-2009, 07:03 PM
Laugh if you want....But it went up 40% today.
striperman36
03-18-2009, 07:21 PM
penny stocks you can make or lose a fortune
buckman
03-19-2009, 02:41 PM
I'm not kidding.
justplugit
03-19-2009, 03:42 PM
Ya, how can you go wrong with a P/E Ratio of -0.03.
buckman
03-19-2009, 05:24 PM
+ 21.25% today.
TheSpecialist
03-19-2009, 08:05 PM
The market is fickle a little good news and everyone jumps, tomorrow some bad news and everyone jumps the other way.
Raven
03-19-2009, 08:21 PM
you shoulda explained why it was gonna go up for us layman
buckman
03-20-2009, 06:05 AM
The government won't let it fail. It has trillions of unlimited funding. What company can claim that?
Travis
03-20-2009, 06:20 AM
The government won't let it fail. It has trillions of unlimited funding. What company can claim that?

So how much did you drop on it?
spence
03-20-2009, 06:50 AM
The government won't let it fail. It has trillions of unlimited funding. What company can claim that?

"Trillions in unlimited funding", where did you get that?

Fannie Mae doesn't get unlimited funding from the US Government. Hell, until recently they didn't get much help from the Government at all. Last year the Government did lift the restriction on the US Treasury purchasing Fannie Mae stock, and allowed them to issue low interest loans...all in the name of keeping the lender afloat. Now we as taxpayers own a lot of stock, but considering that Fannie and Freddie are behind most of the mortgages in the United States, this might be a prudent move. My position is that we should break them apart and sell the parts.

But to briefly analyze Buckman's stock pick. Pretty much the entire financial community saw a lot of buying this week. To single out Fannie Mae leads me to believe this post might be more empty rhetoric than financial substance?

All in all it's a good thing though. That negative p/e is pretty telling...when people will spend a buck for a stock that was pretty much worthless a week ago, for a company with negative earning, might just mean investors are starting to believe the banks are becoming more stable.

-spence
Gloucester2
03-20-2009, 12:44 PM
Take a look today :eek:
JohnnyD
03-23-2009, 11:02 AM
buckman,
This isn't the Political Forum. None of the civilized people smart enough to stay out of the Political Forum care about our opinions.

Let's keep stuff like this in our PF cave.:bshake: