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OlegMDev
21 Th07 2015 00:01

FNMA - mehhh!, not interested. 

Fannie MaeOTC

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I played this from $1 to $4, now its range bound. I see support @ 2.00 on a monthly chart and it might grind up, but I have no desire to jump back in. What would the catalyst be for this thing to go up today? Is FNMA going private, or will it still be controlled by the govt? Who owns their debt? Whats their competition going forward? Is FNMA still useful in the future?

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