Fannie Mae-No Politics (FNMA)

[Nelson478]

There are a handful of really savvy and smart people who post to this forum. There is also a lot of speculative junk posts that aren't based on anything factual, including attempts to price manipulate. Most have not worked on a trading floor or understand internal business controls for institutional buying. If today closes above $3 we will hit what is known in the industry as the 3by3 exemption. This is where an OTC trades for 3 days over $3 without dropping below $3 intraday. If this is triggered, quite a number of trade desks will get floor approval to dip their toe into the action. I can almost 100% guarantee you that if today closes above $3, you will see massive volume tomorrow. Take it or leave it. Believe it or discard it. Whatever you do, better not end the day with an open short position. I told you about 30 days ago that big blocks would start to hit the volume. We've had several 3x average and 10m+ days now. If we close today and get the 3by3, get ready for crazy tomorrow.