Fannie Mae-No Politics (FNMA)

[jackticker]

Your read is completely wrong IMO.

I've been watching this stock since I bought in 2012, and this looks like a classic Friday take down. Longs now control this stock and big players don't want to buy high because of day traders. They know you typically liquidate before weekends.

Today was a scare to get rid of day traders. Look for possible gap up Monday or almost certainly strong green days beginning of week. Of course, bad or more good news will change this prediction.

Also, we will likely see many more of these days before PPS hits double digits, this is the OTC after all.

STAY STRONG LONGS.


$$FNMA$$