What are possible outcomes for AIG and Fannie Mae?
If the bailout does not happen in any form or fashion (although it probably will), what would hypothetically happen to these two companies?
I’m thinking about buying stock in both of them. I know it’s risky, but there is a lot of potential.
Tagged with: bailout • buying stock • fashion
Filed under: Fannie mae Questions
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fannie mae is out of luck… they have been on the way down since 2004 and people have been predicting their downfall since then. i am also debating buying a significant amount of AIG stock. its risky but AIG is worth a shot at just over 2 dollars a share… i hope this helps
freddie and fannie are already backed by the us government and they have already been handed 200 billion each.
This stock jumped from 25 cents to 2.95 in less than 2 weeks.
But they may be sitting ducks because I do not know if they can fall to zero or not. I was thinking of investing in them at their lows this week. They held up well under the colapse – only lost .20 cents. When the market was down all last week they were up.
The government owns 79.9% due to the bailout deal 2 weeks ago issued on these two stocks. This is completely separate from what the US is trying to accomplish now – consider it additional money if passed. They own all the mortgages which this bailout is seeking to fix.
FRE is a better bet than FMN look at the charts and volume.
i do not know if their stock can fall to 0 or not i need to do some research.
i am not knowledgeable about aig.
Fannie and Freddie are dead money and will probably be de-listed next congressional session. Leave em alone.
AIG on the other hand is now or will soon be backed by 80% ownership of the government until they pay back their loan. I have done well picking AIG up on dips. I had it at 2.80 last friday and dumped it at open for 3.40 then picked up more at close yesterday. I will do the same thing today.