Fannie Mae-No Politics (FNMA)

[kthomp19]

Does anyone find it interesting that, he just this first quarter added those FNMA shares???

Given how few shares it was, I actually attribute it to a fat finger. $5,000 worth of shares isn't even a drop in CapWealth's bucket. I'd imagine they meant to buy FNMAP instead and just forgot to type the P. The same goes for those 200 shares of FNMAO; O and P are right next to each other on the keyboard.

Tim Pagliara obviously isn't completely allergic to the commons, he has 266,000 shares of FMCC and that position remained unchanged in Q1. But we all know to which horse he has hitched his cart. At one point he was 95% juniors/5% commons, now it's more like 99.5%/0.5%.