Fannie Mae-No Politics (FNMA)

[Potty]

Michael Kao had a good explanation, and one I had suspected:

There were one or more hedge funds that were heavily long JPS which had also then shorted common

Those hedge funds were recently selling JPS (either cos they changed their thesis after Trump loss or to cover losses on meme stock shorts)

Once they sold JPS, they covered the short -- hence we had a bump in the common price alongside a dip in JPS price

The other point is that common and JPS holders have a difference in their delusion quotients...