Fannie Mae (FNMA)

[guchu]

The '$5 Threshold' Trading Strategy Explained

When stocks cross the $5 barrier in a bearish manner and institutions sell, the market is flooded with shares and the price is driven down. When a stock rises over that $5 threshold, institutions and hedge funds can, and sometimes do, load up on shares.

Two such penny stocks with the $5 threshold approaching are Federal National Mortgage Association
FNMA 0.45%
and Federal Home Loan Mortgage Corporation
FMCC 1.59%
. These government sponsored enterprises (GSE) have received a spike in interest as president-elect Donald Trump's administration is expected to explore privatizing them and an ongoing court case will decide the fate of the GSE's profits.

http://www.benzinga.com/general/education/16/12/8760233/the-5-threshold-trading-strategy-explained