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Reader comment on:
‘A Bull in China' Leaving New York for Singapore

Submitted by Nick, Sep 4, 2007 20:58

How does Jim "know" Fannie will go bankrupt? I know he predicts the decline of the U.S. dollar, but a total collapse would need to occur before FNM is "allowed" to go under. FNM currently has 9500+- foreclosed properties. With a market cap of $64billion, this is insignificant in itself. With financial data being unreliable for fnm, what data is Jim looking at?

I would love to join Jim in shorting FNM, but it seems to be very risky as a government sponsored entity.


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Other reader comments on this article

Comment By Date

Sounds more like a "shot in the dark". If you can't name a source or give facts, it's just rumor. [MORE]

John Barry 

Sep 25, 2007 17:27

To all the readers who may interested in, I published two articles on the subject of Investing China and Jim... [MORE]

Mkt Swimmer 

Sep 16, 2007 07:30

I thought Jim was going to move to Shanghai...I hope he didn't confuse Singapore with Shanghai. I have lived in... [MORE]

Mike 

Sep 6, 2007 19:04

How does Jim "know" Fannie will go bankrupt? I know he predicts the decline of the U.S. dollar, but a...

Nick 

Sep 4, 2007 20:58

Verbal manipulation and shorting of this stock to drop it to the transaction price is just another case against naked... [MORE]

Joseph Gallo 

Sep 4, 2007 06:57

After American greed has fed on people from every corner of the earth there should be no surprise that it... [MORE]

Betty Pope 

Sep 6, 2007 11:40

What do you mean "naked" shorting? Selling short has nothing to do with the Bush administration. Shorting has been around... [MORE]

chris 

Sep 23, 2007 21:16

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