Fannie Mae-No Politics (FNMA)

[jeddiemack]

Until we get some substantative progress or news we won't move much higher in the near term.

It will happen.

Just not all at once and without more better progress.

Considering where we've been $4 to $5 could be max range. (until Positive news on Perry or Trump or some other progress) I write this because at $4-$5 its $40-$50,000 to trade 10,000 shares and most that's a big block. Its easy to trade 20-25,000 shares when the price is a $1.50 just starts getting to real money if you move 100,000 shares and it be on otc. Cause institutions don't often trade on otc as they are bound to nasdaq or nyse.

If we move to the $5's again I may sell a couple shares to buy them back later. I've not done much trading for honest fear of being out of the stock at the wrong time. Biggest problem is not trusting my convictions back in 2009! Dang it!

GLTA!