Fannie Mae-No Politics (FNMA)

[robertus]

43% of the volume sold in short yesterday and it is crazy. If we assuem that they had to cover the shorts there is in theory another 43% in volume. That means only 14% of the volume would be normal buying or selling as you or me.

But there is a little good news in it. It looks like a very tiny part of the 1.2 bill shares are really on the market. All others are locked in porfolios.