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Re: Golfbum22 post# 638607

Wednesday, 10/28/2020 6:47:36 PM

Wednesday, October 28, 2020 6:47:36 PM

Post# of 797135
If FNMA goes under $1.90, the Shorts are going to pile on.

We've seen the Short Interest drop significantly and most of the price loss recently is due to Sellers throwing in the towel.

I can only imagine what will happen to the price of FNMA when you have both big shorts piling on + frustrated Sellers.

We might see a 25% one-day drop if $1.90 breaks.

No Bueno Amigos frown

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