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What's wrong with L2?
2.57 US in Europe
Old News...has no chance of passing. Why u posting this again???
Load up on the cheapies, folks!!
Think this will gap up in the morning, ladies!!
News was out this morning
If you're trying to flip, sell into strength. Once it starts coming down, you'll never get out
This is not going straight up, gents.
The wild swings will continue. However, FNMA is still over sold
Fasten your seatbelts, gents.
This is not for faint of heart.
Trading 2.32 US in Munich Exchange
fnm.mu
fnm.mu
Multiply by 1.29 for dollar conversion
fnm.sg Germany
Trading 2.30 in Europe
Market Makers will do anything to shake out cheap stock. And they are pretty good at it.
The Bulletin Board is the Wild West, gents. Trading is volatile and doesn't make any sense. Keep those seat belts fastened!!
Nothing will happen to the GSE's during Obama's admin. That's for sure.
Gov't would never wind down cash cows like Freddie and Fannie. That's for sure.
The new IPO that the Hedgies are pushing for makes the most sense.
Treasury would sell their shares for $280 billion.
Why would the Gov't walk away from $280 billion?
The fact is that nobody in their right mind would wind down a company making billions upon billions in profits. When Fannie and Freddie were in trouble that was one thing. But they have recovered. Treasury could get additional $280 billion by selling their shares and creating a new IPO. That is what the hedge funds want to do.
Meanwhile day traders are making millions on these wild swings. Long term investors will make millions in the end. US Treasury is raking in billions on dividend payments.
LMFAO
Major squeeze will start around 3.
If u got the stomach, load up now
Look for the real squeeze late afternoon.
Shorts have to get out for the weekend
As we say in the Marines, take that hill
Cavalry sent for the reserve units
Relax, gents
Run, Fannie, Run
If it holds, gents, the real squeeze comes starts in the PM. Probably around 2. A massive squeeze could take it to 3 easily
The Cavalry got here just in time!!
One thing I know from 25 years of trading stocks, most short squeezes happen on Friday afternoons. Shorts do not like to hold over weekends in case some news comes out.
Fasten your seatbelt for the morning, then get out of the way for the afternoon run
If u have a weak stomach, u shouldn't be trading BB's
The way the stock trades in Germany has no bearing on what will happen here in the US today. C'mon guys, get real
There will be a selling climax in the morning on huge volume. Once volume starts to ease up, it'll be off to the races. Close around 3.00 IMO
GLTA
Just remember gents, the BB is like the Wild West. This ain't the NYSE.
If u don't have the stomach for it, u shouldn't be here.
Absolutely, nothing has changed with FNMA over the past month.
Conservatorship still in effect, common shares worthless, all profits go to the Treasury. FNMA has record profits, but they don't get to keep it.
Nothing will get resolved during the Obama admin.
Common shares will continue to have wild swings, IMO. GLTA
200 day ma is 2.20
Should hold
Absolutely, impossible to trade without level 2. Especially with a fast moving stock like FNMA was yesterday.
This is the worst POS I have ever seen.
L2 means EVERYTHING.
Impossible to trade without L2
Very easy to see when there are strong bids.
biggie smalls hahahahahahahaha
It wasn't making any money until recently, hence the conservatorship.
Basically, FNMA went from .30 to 5.44 in a few months without a pullback. 50% correction today which is normal. Still could be volatile in the days ahead but I wouldn't try to bottom fish until the volatility eases.
FNM.sg at hod 3.43 (4.42 US)
I hope you're not like that other guy on here that's been waiting for a dip from $1.26!!
Cheapies, folks!!
It's melting up