The person who asked me about this stock recently bought it and wanted to know about this stock and Freddie Mac. Unfortunately, I did not have data for Freddie Mac. Most stocks are in my data base but not all. So here goes about Fannie Mae:
The bad aspects happening to this company are actually only beginning. With Uranus making a transiting opposition to the companies Pluto in the 12th house of loss, there will be major restructuring which we are starting to see. Pluto is slow moving and going back and forth as it retrogrades.
Right now transiting Uranus is retrograde, meaning it’s moving away from the opposition to the company’s Pluto in the 12th, but it will come back! And another major hit will take place in March of 2009.
This is only the beginning with transiting Uranus opposing natal Uranus later, then the company’s natal Venus, then Mercury. There will be major changes behind the scenes and a lot of loss as things are restructured. After all this happens the company (if it survives) will be almost unrecognizable version of what it once was.
I honestly can’t give a good time to sell this stock as there are so many bad aspects and when a window seems to open seeming a tiny bit there are other bad aspects to offset it. I’d use your own intuition as there really isn’t going to be any opportune time to sell for a very long time and it’s not certain this institution will survive in the long term.
If you don’t have much tied up in it then perhaps waiting it out until May of 2011 would be OK. As long as you don’t have much to loose here.
If it were me I would get rid of it when the Sun goes over the first house Monday October 8 of this year because all these bad aspects might very well destroy this institution. I don’t know if you’ll make a profit or even break even, as this is the titanic and you hopped on as it’s burning!
I’m sorry to give the bad news.
Best wishes and good luck! Trust your intuition, that’s the best thing in this situation.