| Loss Mitigation General Chat loss mitigation |
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Opportunity? Optimistically, do you think now would be the perfect time to invest into the Fannie Mae and Freddy Mac stock since the price of the shares are so low? When the government purchases $700 billion dollars of debt in the market, do you think the Freddie Mae and/or Freddy Mac stock will rise back to normal? I believe the government can’t let these stocks bottom out, so I am willing to invest my entire investments into Freddie Mae or Fannie Mae. I could be wrong and lose all my savings, but if these companies go bankrupt that would be a crisis situation regardless. I believe these stocks are at their bottom and only have one way to go, which is up.
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I have first hand experience on this my man, I made a killing this week on these stocks! I bought in under a dollar and sold at 2.53 right before it went crashing back down. I do believe in my opinion that right now is not the right time to invest in them, they are highly volatile at the moment as shown on Thursday when they went from a 2.95 daily how on down to 1.09. I was sitting there watching it plunge real time and man did it go fast for both of them. Within seconds it went from bottom at 1.09 to 2.25 then back down to 1.50 to 1.85. It was crazy but I was able to buy more at the bottom and sell at the top for a nice profit. I believe a few people sold off on profit taking and the lower it got it starting hitting people stop loss and kept dropping. People that were not in front of their computer lost thousands when their stop loss was hit at 1.20 or somewhere in the low ridiculous prices that caused them to lose big profits. These stocks are really unstable right now and are very risky. If you are gonna get in for the long term wait until Monday afternoon or Tuesday and you will get it at the bottom price. Once bailout is announced stock will go up a little (to late for you to get in) maybe up to $3 or so at the most and then come down hard when everybody takes their profits because they learned after the first time to not ride it out. I think once profits are taken and the stocks are at a low of about 1.25 to 1.50 for the last few days it will be a great buy and will only go up from there so yes it will be a good buy. I say it will be $5 to $10 in a little over a year from now so do whatever you think it right, just stating my opinion. Sorry for typing a book I just love these stocks and know quite a bit about them, they made me a lot of money.
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