Fannie Mae

FNMA-OTC

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about FNMA-OTC

Signal
Opinion
Expert
COMMENT
COMMENT
January 8, 2014

Followed this for years and is on his watch list. In the last 2-3 years, the chart shows a period where it was at $0.30 where it stayed for a long time. Thinks there was a tremendous overreaction by the government because of a lot of problems. Through their history, they have really helped a lot of people buy houses.

Fannie Mae (FNMA-OTC)
January 8, 2014

Followed this for years and is on his watch list. In the last 2-3 years, the chart shows a period where it was at $0.30 where it stayed for a long time. Thinks there was a tremendous overreaction by the government because of a lot of problems. Through their history, they have really helped a lot of people buy houses.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$3.240
Owned
No
DON'T BUY
DON'T BUY
July 2, 2013

They have been recapitalized. There are long term issues with government support for them.

They have been recapitalized. There are long term issues with government support for them.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$1.680
Owned
Unknown
COMMENT
COMMENT
June 28, 2013

Very interesting contrarian play. Government seems to like to destroy things that have worked for a long time. At a certain point in time, they don’t work as well but the question is, what are they going to replace them with. You have to steel yourself to deal with companies like this.

Fannie Mae (FNMA-OTC)
June 28, 2013

Very interesting contrarian play. Government seems to like to destroy things that have worked for a long time. At a certain point in time, they don’t work as well but the question is, what are they going to replace them with. You have to steel yourself to deal with companies like this.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.410
Owned
No
SELL
SELL
November 16, 2009
Nobody knows what these things are really worth. It's like betting at the casino.
Fannie Mae (FNMA-OTC)
November 16, 2009
Nobody knows what these things are really worth. It's like betting at the casino.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$1.010
Owned
No
DON'T BUY
DON'T BUY
September 14, 2009
Need another $10 billion from the US government. There is no equity in this. Pure speculation.
Fannie Mae (FNMA-OTC)
September 14, 2009
Need another $10 billion from the US government. There is no equity in this. Pure speculation.
David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$1.660
Owned
No
COMMENT
COMMENT
August 11, 2009
Fannie Mae (FNM-N) and Freddie Mac (FRE-N) could fade into obscurity but he doesn't think this will happen. US government will do whatever it takes to backstop them. Good for a short-term trade but wouldn't bank on it for the long-term.
Fannie Mae (FNMA-OTC)
August 11, 2009
Fannie Mae (FNM-N) and Freddie Mac (FRE-N) could fade into obscurity but he doesn't think this will happen. US government will do whatever it takes to backstop them. Good for a short-term trade but wouldn't bank on it for the long-term.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$1.070
Owned
Unknown
WEAK BUY
WEAK BUY
August 7, 2009
Fannie Mae (FNM-N) and Freddie Mac (FRE-N) were mainstays of the US economy but are now penny stocks. Were touted as prime blue chips for years. If you want a high risk, this could be a place to do it. Feels the risk is far less than it was before because US government has not completely moved in. Tremendous upside over time.
Fannie Mae (FNMA-OTC)
August 7, 2009
Fannie Mae (FNM-N) and Freddie Mac (FRE-N) were mainstays of the US economy but are now penny stocks. Were touted as prime blue chips for years. If you want a high risk, this could be a place to do it. Feels the risk is far less than it was before because US government has not completely moved in. Tremendous upside over time.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.660
Owned
No
SELL
SELL
June 16, 2009
This is only for the faint of heart. If you own he would recommend you sell as a tax loss.
Fannie Mae (FNMA-OTC)
June 16, 2009
This is only for the faint of heart. If you own he would recommend you sell as a tax loss.
Charles Bobrinskoy
Director of Research, Ariel Mutual Funds
Price
$0.670
Owned
No
WEAK BUY
WEAK BUY
December 9, 2008
They are contemplating a reverse stock split. Management says there is value there. A real possibility it could survive.
Fannie Mae (FNMA-OTC)
December 9, 2008
They are contemplating a reverse stock split. Management says there is value there. A real possibility it could survive.
Alan Kral , CFA, CIC
Vice President, Trevor Stewart Burton & Jacobsen Inc.
Price
$0.790
Owned
No
WAIT
WAIT
October 7, 2008
We need to see the system a little more liquid before buying.
Fannie Mae (FNMA-OTC)
October 7, 2008
We need to see the system a little more liquid before buying.
Don Reed
President and Chief Executive Officer, Franklin Templeton Investments
Price
$1.200
Owned
Unknown
DON'T BUY
DON'T BUY
October 7, 2008
It could go to 0 and it is currently like a call option. It has theoretical value.
Fannie Mae (FNMA-OTC)
October 7, 2008
It could go to 0 and it is currently like a call option. It has theoretical value.
Charles Bobrinskoy
Director of Research, Ariel Mutual Funds
Price
$1.200
Owned
Unknown
DON'T BUY
DON'T BUY
September 10, 2008
Preferred Shares: Don’t be tempted. Basically, the bailout took about 80% of the capital from them and put it into government hands. Doesn't think there was any provision for the protection of the preferred shareholders.
Fannie Mae (FNMA-OTC)
September 10, 2008
Preferred Shares: Don’t be tempted. Basically, the bailout took about 80% of the capital from them and put it into government hands. Doesn't think there was any provision for the protection of the preferred shareholders.
Gordon Reid
President, GoodReid Investment Counsel
Price
$0.740
Owned
No
DON'T BUY
DON'T BUY
September 8, 2008
(Market Call Minute.) He was short this stock and covered it today at $1.30.
Fannie Mae (FNMA-OTC)
September 8, 2008
(Market Call Minute.) He was short this stock and covered it today at $1.30.
David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$0.730
Owned
No
DON'T BUY
DON'T BUY
August 27, 2008
In most people's mind, the US government supports the debt of Fannie Mae (FNM-N) and Freddie Mac (FRE-N) so their debt is secure. The question is, what are they going to do with the stocks, and very importantly the preferred stocks. They are down about 50% and there is a lot of concern that they could get wiped out.
Fannie Mae (FNMA-OTC)
August 27, 2008
In most people's mind, the US government supports the debt of Fannie Mae (FNM-N) and Freddie Mac (FRE-N) so their debt is secure. The question is, what are they going to do with the stocks, and very importantly the preferred stocks. They are down about 50% and there is a lot of concern that they could get wiped out.
Charles Bobrinskoy
Director of Research, Ariel Mutual Funds
Price
$6.480
Owned
Unknown
DON'T BUY
DON'T BUY
August 6, 2008
The model price is $4.26 using a March balance sheet. Not a private enterprise company but is actually government owned so doesn't follow the rules like everybody else. Has never issued a statement for the last 3 years.
Fannie Mae (FNMA-OTC)
August 6, 2008
The model price is $4.26 using a March balance sheet. Not a private enterprise company but is actually government owned so doesn't follow the rules like everybody else. Has never issued a statement for the last 3 years.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$11.600
Owned
No
Showing 1 to 15 of 59 entries