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Missed Opportunity!

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Mike Garrett RAA

Thread Starter
Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
Fannie Mae stock bottomed last week at .46 a share. This morning it's at 2.26. A $230 investment would have returned of $1130. Gotta love this market.
 

Tom Woolford

Elite Member
Joined
Nov 20, 2005
Professional Status
Certified Residential Appraiser
State
Florida
I bought 500 shares last Friday. Almost a 500% return in less than a week! 500 more shares this week!

:new_multi:
 

The Dog

Senior Member
Joined
Apr 18, 2005
Professional Status
Certified General Appraiser
State
Oregon
Bought a couple thousand shares last week, and a bunch more on Monday. Sitting here smiling. Made more money on that stock than I did appraising.

BTW, Freddie Mac is outperforming FANNIE in stock price. Wish I had bought more of it as well
 

Ken B

Elite Member
Joined
Feb 18, 2004
Professional Status
Certified General Appraiser
State
Florida
Bought some last week, sold 75% of them earlier this week and got 20% profit on the entire investment after commission. That's good enough for one week for me. I'm sitting on the rest to see where it goes.

(Anyone that bought at $2.00 yesterday and was paying attention today probably ***t their pants a few minutes ago. Somebody cashed in big time. Fortunately it bounced back up.)
 

Tom Woolford

Elite Member
Joined
Nov 20, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Damn, another good buy opportunity missed. darn work is keeping me from making money.
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
Darn it. I knew I was too late when I thought about it this morning after reading that thread.
 

DTB

Elite Member
Joined
Jun 11, 2004
Professional Status
Certified Residential Appraiser
State
Illinois
Missed shmissed! :rof:

http://appraisersforum.com/showthread.php?t=144870

I'm out today, sold this afternoon at 2.62. All I have left is my (free) 1,000 shares.

Played 20K bundle several times since Thursday and netted 27K. I need to sit out awhile and catch my breath and thank my lucky stars.

I do think it will go to $10, I just don't know when.
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
Way to go Mike!
 
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