Archive for December 21st, 2007
Daily Archive
Friday, December 21st, 2007
Brought 50 Shares of FNM at $35.20
Brought 50 Shares of FNM at $35.20 yesterday. The market cap was at its intrinsic value according to my calculation. Fannie Mae has little chance going bankrupt since it’s government sponsored. I want to take advantage of this bad-beat housing market. Country Wide is the leading company in this area, but its status look pale compare [...]