Fannie Mae-No Politics (FNMA)

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I agree

When the sweep continues on the 31st, there will likely be a drop, but nothing terrible. The agonizing part will come later on when everyone begins to slowly accept the fact that the sweep will continue. This is when we'll start seeing guys like ackman start selling out.
Dilution of the common and the continued sweep will cause many to run for the exits leaving the pps in the toilet. At that point, there is really no hope. Those who bought under 1.00 might still be able to profit.