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#1
09-26-2008, 09:35 AM
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Picking stocks
I say its a good time to buy stocks. On a good friends advice I bought some freddiemac and fanniemae and they are doing well. Does anyone know of a program that lists stocks that have taken a huge dive in the last year. The 52 week high for fannie and freddi is almost $70 buying at .50 seems like a good deal to me.
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#2
09-26-2008, 09:39 AM
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I might be a good deal, but a cheap price does not always equal a good value. As long as you do your reseach very carefully, it is probably a great time to be a buyer. This is usually when the value investors are busiest.
__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century  OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles
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#3
09-26-2008, 09:55 AM
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Fannie & Freddie are tanking again.
__________________
1984 300SD Turbo Diesel 150,000 miles OBK member #23 (\__/) (='.'=) This is Bunny. Copy and paste bunny into your (")_(") signature to help him gain world domination
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#5
09-26-2008, 10:05 AM
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There have been some bargain basement prices in the last 30 days. Bought some UAUA for $3, some CAL for $8, OSK is a steal right now. BDCO is one of two gulf pipelines that didn't get damaged easy double on short - mid hold.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o)
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#11
09-26-2008, 09:24 PM
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Quote:
What is important is whether the company has good fundamentals and has a product of service that can turn a profit and therefore generate earnings, which determines the value of a stock.
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85 300D 75K Anthracite Grey 0-60 in 13 seconds **For Sale** 84 300D 333K Black (The Velveteen Rabbit) 0-60 in 14 seconds 00 Toyota Sienna 208K (Sold) 15 Subaru Outback 43K 11 Subaru Outback 67K 98 Ford Taurus 100K (Gertie - Was Grandma's - drove it to church and shopping - really) Daughter's car now. 30 Model A Ford 2 Door Sedan (Sold) 0-60 in . . . Never reached 60 
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#12
09-26-2008, 09:25 PM
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Ever hear of a reverse split? I had some Erickson stock once upon a time, everal thousand shares. I ended up with several hundred. I don't think I lost any money when all was said and done, but I had to hold it for a long time.
__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles
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#13
09-26-2008, 09:53 PM
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I'm all over Fannie and Freddie and have been in and out all week which may have been my biggest week in the stock market, started out with a $1000 hail mary and ended up with healthy chuck of change. If I wasn't married I'd be proposing to Fannie. My original thought was wtf I don't care if I lose it and if Fannie pulls through (which they will) it will be a hellicious chunk of change in 10 years. With good management and a slight uptick in RE values FRE and FNM will be rocking again.
Wamu OTOH, reminds me of Tyco, MCI and CW.
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#15
09-27-2008, 01:36 AM
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Quote:
I'll bet if you can hold it for a year you'll triple your money. B
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