Fannie Mae-No Politics (FNMA)

[LongWoolyWilly]

This gap obsession really gets on your nerves and drives you up a wall. We notice every small gap being filled because this stock is manipulated not to move beyond $5 or $6 or whatever till we get some big time news. When it is working in a confined range up and down, and nowhere else to go, what do you expect it to do? For those of us who are long and looking at a pps of $60+, these gaps in the vicinity mean nothing. I am not going to sell my boatload of shares bought below 1.00 just because there is a gap at 1.70 to buy back when it fills that gap. For me the up side is more compelling than a few cents on the down side. If it has to make another trip down to 1.40 or whatever, so be it; I am not going to take a chance to gain a few cents and lose big time dollars when this thing skyrockets. Penny pinchers may be curious about this gap obsession but for those focused on the jackpot it is a distraction that is not worth wasting time on.