FMCC - Freddie Mac - Page 101

Getting Kill :-(


Anyone still holding. I'm thinking if it drops more I will buy some more.

Dont bother.....this is heading back to less than a dollar!

FRE and FNM cannot be shorted???

I hope you are wrong

If it does fall under $1.00 I will be buying more

We wont be able to tell until we have down movement more than one day. Since the whole market is down. Hard to tell if this is just regular movement or a down trend support around the 1.96 range. If it is too hot take some off the table.

Looks like another RED DAY for FRE.

Saw squawk box this morning VP of Mortgage Bankers Association, wants to create new private backed subsidiaries with a government guarantee. Basically wasn’t this the purpose of FRE and FNM. He wants to decrease the risk by breaking them down into smaller companies. How would you divide up the good and bad debt? Just more of the same , but people will sell on this news.

TAKING SOME OFF THE TABLE AND WILL BUY AT NEW LOW ONCE IT GETS STABLE.

Did I not say here comes .60! lol

I chicken out too. I sold everything yesterday

AIG, FRE, FNM are "ghost companies".

maybe ghosts but theyve made me some dough....

Up good in Pre-Market. Should have got in yesterday.

didnt finish too badly either

I wish I would have hold on to it or at least bought it back during the DIP :-(



Anyone Buying now?

Picked up some FRE @ 1.82...Purely speculative play.

Stop loss is the lod.

Closed position @ 1.90 for a +.08 gain.