Fannie Mae (FNMA)

[Zargis]

EDIT: Welp, $3.94 bid just jumped 50k jaja! Let's see if it moves up shall we?


EDIT 2: anddd... nowhere. just bought back in fully @ $3.94.

See how they lowered the ask to $3.94 but not the bid for a bit? that was something I've noticed happens when they often don't want to drop it further on this lower volume.

Anyway, I am out of time or I'd wait longer. Probably putting my last 40% in at $3.94 if possible in the next few minutes then off the board until this evening.

At this point, even if it does drop today, I don't feel it will move below $3.89 or even $3.91, heck, it may barely brush $3.93 again. The volume is just so low it is in auto-pilot mode (best description I have) and seems to just want to be sluggish and do nothing.

STUPID SLOTH!

Although, the 5-min BBs are pinched tight now and continue to pinch tighter. This may indicate a move up back to $3.96/$3.97 if any more $3.95 trades go through a bit.

Be well, be safe,

-Zargis