Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

WILL FANNIE MAE & FREDDIE MAC STOCK GO UP AT MARKET OPENING??????????
Self | 07-13-2008 | Captain Peter Blood

Posted on 07/13/2008 8:41:18 PM PDT by Captain Peter Blood

I have tried to analyze all the information concerning Fannie Mae & Freddie Mac financial situation. It looks now as though the Federal Government through the Treasury Department with help from The Fed are going to shore these entities up. With the Treasury Department even buying outright stock in both companies. Long term I would say, from what I read, that a takeover by the Government just might happen in some fashion to protect the mortgage market. What about short term though? Will all the jaw boning that has been bandied about all weekend will these stocks be going up in the short term, namely this week, or will they continue a downward slide. They really don't have much further to fall. The Treasury Department might have to step in and start buying as early as this week if a slide continues. So the bottom line question is there a buying opportinity here to make a quick buck???????????


TOPICS: Business/Economy
KEYWORDS: fanniemae; freddiemac
Navigation: use the links below to view more comments.
first 1-2021-4041 next last
WILL THE MARKET OPENING TOMORROW BODE GOOD OR BAD FOR FANNIE MAE & FREDDIE MAC. IS THERE A BUYING OPPORTUNITY HERE FOR A SHORT TERM GAIN???????????
1 posted on 07/13/2008 8:41:20 PM PDT by Captain Peter Blood
[ Post Reply | Private Reply | View Replies]

To: Captain Peter Blood

I predict Monday will be a blood bath


2 posted on 07/13/2008 8:43:58 PM PDT by al baby (Hi mom)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood

If your in for the long term buy. Short term’s lookin pretty crazy to me...


3 posted on 07/13/2008 8:44:15 PM PDT by allmost
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood
Yahoo Finance lists after hours trading for Fannie Mae down 2.34%, Freddie Mac down 5.8%.

But I still don't know the answer to your question.
4 posted on 07/13/2008 8:46:10 PM PDT by kc8ukw
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood

The price on question marks is going up as you’ve depleted the supply.


5 posted on 07/13/2008 8:46:25 PM PDT by A_perfect_lady
[ Post Reply | Private Reply | To 1 | View Replies]

To: al baby

Oil will go up, stocks will go down.

OK where’s my consulting fee?


6 posted on 07/13/2008 8:47:27 PM PDT by RockinRight (I just paid $63 for gas. An icefield in Alaska is NOT the Grand Canyon. F--- the caribou.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: A_perfect_lady

LOL!


7 posted on 07/13/2008 8:47:46 PM PDT by RockinRight (I just paid $63 for gas. An icefield in Alaska is NOT the Grand Canyon. F--- the caribou.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Captain Peter Blood

Wait until the dust settles.


8 posted on 07/13/2008 8:48:24 PM PDT by rabscuttle385 (Bulls and bears make money. Pigs get slaughtered.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

There’s been talk of the Feds buying equity in Freddie or Fanny if things get worse. If this happens it will not be on favorable terms to shareholders. Ex. the Feds throw a few billion into the company and end up with 90% of the equity, so common is diluted 10x or more.

These low-interest loans are a good thing for shareholders however. Is it enough to keep the companies afloat?


9 posted on 07/13/2008 8:48:25 PM PDT by CaliGangsta
[ Post Reply | Private Reply | To 1 | View Replies]

To: kc8ukw
I think that was on Friday after a very bloody day. Well I guess I will hear what the CNBC folks say early in the morning. But Asian Markets are up and U.S. Financial Indexes are up also. Could be interesting in the morning.
10 posted on 07/13/2008 8:49:42 PM PDT by Captain Peter Blood
[ Post Reply | Private Reply | To 4 | View Replies]

To: Captain Peter Blood

No, the Feds will screw over the shareholders. That at least is my prediction.


11 posted on 07/13/2008 8:52:48 PM PDT by ikka
[ Post Reply | Private Reply | To 1 | View Replies]

To: RockinRight
You laugh but lets say your a contrarian and buy in Monday morning. You could see a bump of 3 to 5 dollars a share. These stocks just don't have very far to fall.
12 posted on 07/13/2008 8:53:19 PM PDT by Captain Peter Blood
[ Post Reply | Private Reply | To 7 | View Replies]

To: RockinRight

Ask Obama?


13 posted on 07/13/2008 8:54:37 PM PDT by al baby (Hi mom)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Captain Peter Blood

IMO: Monday will be a considerable “up” day, especially judging by the futures as they sit now. FNM and FRE will pop. The danger is, the entire world will probably short the bloody daylights out of them on such a rise, and that, ironically, may well be enough to buoy their stock prices.

OK, that covers the first 1.5 hours, LOL.

Past that, they are uninvestable and probably headed to zero.

IMO, the market needs to put on some green this week, and OE weeks have about an 80% bias towards upside. But NEXT Monday could open the gates of hell.


14 posted on 07/13/2008 8:55:01 PM PDT by Attention Surplus Disorder (Congrasites = Congressional parasites.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood
It will do whatever it takes to make the Chinese government happy.
15 posted on 07/13/2008 8:57:52 PM PDT by politicket
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood
The bigger question is will they be up at market close?
16 posted on 07/13/2008 8:58:02 PM PDT by steve86 (Acerbic by nature, not nurture™)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood

Ultimately, these two stocks are going to zero. They are in much worse shape than any gov’t liar has said so far. Far better to short Wachovia for a short term speculation. They are the next one to go down.


17 posted on 07/13/2008 8:58:42 PM PDT by spyone
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood

All Asian markets are down, except Japan. They close their mkt for lunch. It was up 1.12% at lunch, and is now up .5% 15mins. after trading restarted.


18 posted on 07/13/2008 9:02:18 PM PDT by spyone
[ Post Reply | Private Reply | To 10 | View Replies]

To: spyone

Buy Silver. SLV or SLW.


19 posted on 07/13/2008 9:02:34 PM PDT by samadams2000 (Someone important make......The Call!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: samadams2000

Both of those are good short and long term investments, I think.


20 posted on 07/13/2008 9:06:07 PM PDT by spyone
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson