Fannie Mae-No Politics (FNMA)

[mike_usa]

From www.timhoward717.com comments.

Anonymous on April 15, 2016 at 6:54 am
Why should shorts be scared shitless? They have a ridiculous down side if they lose. Their best case scenario is we go to $0, their downside is we bust open $20. Our downside on other hand is only limited to losing what we have in. Our upside is ridiculous. Buy, don’t buy but never short FNMA or FMCC. I see so many day traders who mess with penny stocks saying completely uninformed things about FNMA and treating it like it is a penny stock to. I doubt most of them even know why GSEs jumped let alone what our upside will be if we win. They are working number games designed to handle maybe 8% loss and don’t realize that even with an automatic trade dialed in to stop loss they will never hit their target price or anywhere close to it if we get any kind of good news tomorrow. Their order to cover at 8% loss will sit there for hours while the market tries to handle the volume. Please, for your own sake, leave before Court news if you are short, no one wants to see you go bankrupt.

I am long FNMA and this is nothing more then my opinion. Just trying to help any short that may happen upon this comment today and let you know what you are risking. Everyone should take the time to try to save just one of these poor short fools today if you have the time. My Spider senses are tingling and I have strong belief we will be getting great news today.