Fannie Mae (FNMA)

[Letgoofmyfannie]

Great Post from Europe

...in the Comments on the Tim Howard Blog:

"" There’s no one, absolutely no one with any influence who’s interested in a higher PPS currently.
If you sit at a table with Ackman, Berkowitz et al., do you expect to get a free lunch? The shares that slip off the weak hands and who get picked up by stronger hands are the price to pay for all the work the hedge funds do.
The drop will be over when the big boys are satisfied. Since no one wanted to follow them above $ 4.80, they changed their plans as only they know how much time is still at hand before….before…. (to be continued). ""


--So in the words (almost) of Buck Owens, it's Buying Time again.

Tears are only rain to make Love grow. Nice suit there, Buck!