Fannie Mae-No Politics (FNMA)

[RickNagra]

These after hour trades are definitely real although somewhat peculiar. At $1.64 these 10,000 shares are costing $16,400. If purchased during the regular day then the cost becomes $1.42 x 10,000 or $14,200. The difference is $2200. Although this is not a large amount of money nevertheless it represents $2200 down the tube. What kind of a person throws $2200 out the window ? Beats me. Certainly a burger flipper would not.