Fannie Mae and Freddie Mac

[wickedDUDE]

Hello,

Does anyone have investments in either of these two ETFs?

They both gained 50% today, and 30% yesterday.

Both are up over 200% in the last 5 days.

I wonder how long this can continue.

 

[dmnEPC]

that sounds legit. Is it possible the powers that manipulated those prices, plan on riding the wave down?

Rule#1. Buy low sell high. Dont going chasing waterfalls

 

[transistor]

I miss living in college dorms

 

[davidne]

They're both backed by the government, FNMA will most likely will be replacing their director soon, and recent housing starts beat estimates (although just by a little). I'd say it's got a decent amount of time before the shit hits the fan, but don't get greedy.

 

[tavin]

"Be fearful when others are greedy. Be greedy when others are fearful."

 

[dmnEPC]

"Be fearful when others are greedy. Be greedy when others are fearful."

What a great quote. Do you know who said it?

 

[Johnathan]

What a great quote. Do you know who said it?

 

[sumitdhawan]

Hello,

Does anyone have investments in either of these two ETFs?

They both gained 50% today, and 30% yesterday.

Both are up over 200% in the last 5 days.

I wonder how long this can continue.

Hello friend,

It probably mgrunin manipulate stock market to make big money.

Good luck bro

 

[trustmark]

....aaaaand FNMA closed below yesterday's opening price. It was up 50% and down 50% in a day's time on no news whatsoever.

 

[dmnEPC]

....aaaaand FNMA closed below yesterday's opening price. It was up 50% and down 50% in a day's time on no news whatsoever.

huhh imagine that. Who would have guessed.

 

[wickedDUDE]

Good thing I didn't buy.

 

[dmnEPC]

Good thing I didn't buy.

Fuck next time I give stock advice I should follow it. Coulda cleaned up on the way down.