Fannie Mae (FNMA)

[Sundance2]

I think this thing is a yawner...and there will not be any short squeeze or lemmings running to sell Monday. This pps is a good as it gets and most will hold.

However, now that FnF have admitted to defrauding and agreed to pay penalty, it could be used in court and hurt their credibility in some of the open cases.

Also, the move Friday in FNMAS, far higher move then commons. I think that is directly related to this announcement as pfd are seen as safer why to own FnF.