Fannie Mae-No Politics (FNMA)

[Cubshawk]

I didn't have any cash on the sidelines to purchase more shares - so I sold some of my preferreds to get more common. Seems to me common is going to move in a positive manner at a much faster rate when we get good news (as the common always do).

The question is if we have more downside from here - and of course the common moves downward faster than preferred as well...