Thursday, September 25, 2008

Bought some more FRE

I couldn't help it. I was checking on the market and noticed that Freddie Mac (FRE) has nearly doubled in price. Based on what I've read, I still think FRE has the potential to go up to at least $3.00/share. So I bought 100 more shares. Not a lot. It's about $253 worth. Again, I don't want to put too much money in. The market is trading higher today though. Investors are really betting on the government doing the $700B bailout for Wall St. So confidence is pretty high right now. Let's see what happens.

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