mpc220 > Trade Notes

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15 Day 0.00%
1 Month 0.00%
3 Month 0.00%
6 Month 0.00%
1 Year 203.45%
As of: 11/20/09
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Member since: Dec 07

Sold Short 50 shares of FNM at 22.83

Users Bought (30 Days) 32 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 1.14B
52-Week High 2.13
52-Week Low 0.30
10 Day Volume 45.96M
P/E -0.10
EPS (Trailing 12 Mos.) -9.88
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Sold Short
Symbol: FNM
Quantity: 50 shares
Price: $22.83
Value: $1,141.00
Stop Order: Yes @ $25.00
Target Price: $18.00

Once more into the breach!  Fannie is still dog meat, but I'm very hesitant about this rally. 

Will possibly add more to this position at market close.

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Posted by mpc220 on 03/13/08 at 05:05 AM

Tag It | 1 user tagged it: FNM, stock, short

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snowman

Member since: Mar 07

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15 Day 27.21%
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3 Month -56.74%
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Trades 665
Trade Notes 186
Blog Posts 106
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Age: 40's
Pittsford, NY UNITED STATES
snowman
I am looking for a nice pop after the rate cut. Like you say, I do not expect the rally to last much beyond next Wed. Good luck.
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mpc220

Member since: Dec 07

5 Day 0.00%
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6 Month 0.00%
1 Year 203.45%
As of: 11/20/09
How is this calculated?
Trades 234
Trade Notes 42
Blog Posts 6
mpc220

I'm starting to think we won't see a rally, regardless of how much the Fed cuts.  I'll try to make a blog post (I'm still kind of new to this) about it over the weekend maybe.

Thanks for the good luck wishes, and same to you!