Fannie Mae Preferred S (FNMAS)

[big-yank]

Something is definitely going on in the shadows. It's not a "take out" by somebody because they would not be buying non-voting preferred shares. Too little profit spread to be attracting unprecedented short interest.

Tempting to buy more, but no falling knife for me on this one. Too much big money with huge skin in this game.

"Ride, Sally, ride" with all due respect to the incredibly talented Wilson Pickett.