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Monday, March 21, 2016 9:16:00 AM
Therefore, hedging firm will be selling their holdings. I think it is around 40 million common shares.
Pershing may also sell fannie and freddie in order to make the payment.
I expect him to move down to a 5 to 10% ownership.
Total selling pressure on common shares of 340 million shares of FNMA and FMCC.
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