Freddie and Fannie dabble in penny stock territory

This morning’s first half hour of trading was a wild ride. 

I watched shares of Freddie Mac dip to $0.88 and rise to $1.63 within a 10 -15 minute window.  It is easy to say I should have bought and quickly sold at the above prices.  But, as the saying goes…shoulda, woulda, coulda.

Hindsight is 20/20.  I predicted a tumultuous market for these two but, no one could have predicted this range. 

You have to have a tough stomach (or cash to play with) to participate in this kind of madness!