FRE, FNM, mortgage REITS ?

dotslashfuture · Apr 9, 2003

I'm thinking these real estate mortgage exposed companies are looking a bit scary for longs. Anybody else see it that way ?

dotslashfuture · Jun 9, 2003

VOLUME · Jun 9, 2003

Freddie down 10...Fannie down 3

What would give you that idea???

dotslashfuture · Jun 9, 2003

I tried to get this thread going 2 months ago, nobody was interested, now the shit has hit the fan.

Babak · Jun 9, 2003

http://www.gold-eagle.com/gold_digest_03/droke053003.html

VOLUME · Jun 9, 2003

Good article...thanks.

nkhoi · Jun 9, 2003

Quote from VOLUME:

Freddie down 10...Fannie down 3

What would give you that idea???

why FRE is down http://cbs.marketwatch.com/news/sto...e&guid={31CD6480-029A-4738-B0DD-F63661293661}

Hurricane · Jun 9, 2003

Cooking the books is never good, but keep in mind that senior management in this case is accused of underreporting profits. FNM and FRE's growth has been real. After a few days to let the dust settle, might be a good time to buy them.

BOSS_HOG · Jun 9, 2003

fuck FRE- that p.o.s cost me THOUSANDS today!!!!

dotslashfuture · Jun 9, 2003

Quote from Hurricane:

Cooking the books is never good, but keep in mind that senior management in this case is accused of underreporting profits. FNM and FRE's growth has been real. After a few days to let the dust settle, might be a good time to buy them.

how do you know their growth has been real if they have been cooking the books ????