WILL FANNIE MAE & FREDDIE MAC STOCK GO UP AT MARKET OPENING??????????

Self | 07-13-2008 | Captain Peter Blood

[Captain Peter Blood]

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???????????

[al baby]

I predict Monday will be a blood bath

[allmost]

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

[kc8ukw]

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.

[A_perfect_lady]

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

[RockinRight]

Oil will go up, stocks will go down.

OK where’s my consulting fee?

[RockinRight]

LOL!

[rabscuttle385]

Wait until the dust settles.

[CaliGangsta]

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?

[Captain Peter Blood]

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.

[ikka]

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

[Captain Peter Blood]

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.

[al baby]

Ask Obama?

[Attention Surplus Disorder]

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.

[politicket]

It will do whatever it takes to make the Chinese government happy.

[steve86]

The bigger question is will they be up at market close?

[spyone]

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.

[spyone]

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.

[samadams2000]

Buy Silver. SLV or SLW.

[spyone]

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