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.
They have been recapitalized. There are long term issues with government support for them.
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 is a OTC stock, trading under the symbol FNMA-OTC on the (). It is usually referred to as or FNMA-OTC
In the last year, there was no coverage of Fannie Mae published on Stockchase.
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0 stock analysts on Stockchase covered Fannie Mae In the last year. It is a trending stock that is worth watching.
On , Fannie Mae (FNMA-OTC) stock closed at a price of $.