As you might be aware I am trying to minimize my losses on investment in FNM (Fannie Mae). This stock has so far given me nothing but grief and while I should have sold it when it was going to be no profit for me, I didn’t because I got greedy and hoped that the stock would rise again. What a mistake. So the 2,000 shares that I bought at $1.02 to minimize my losses I disposed them today at $1.16 giving me a net profit of $260.02. I am not celebrating yet because I am still stuck with 1,000 shares that I bought at $1.76.