Fannie Mae-No Politics (FNMA)

[MoneyRobot]

I can't gauge what is going on with the commons except there is just selling. One would look into the company as a whole and current events and regulatory filings for clues. But, there is none.

JPS is doing fine. The inverse movement with JPS and commons is getting troublesome. There are also some selling pressures on a few JPS but those are balanced by a few JPS with huge demands. The bids moved up at least 20% for JPS. The issue is not with JPS or the company operations. Its with the commons. Confidence deterioriated a bit in commons.

I know market conditions include interest rate hikes and inflation. But that is not what is prompting the selling of commons.

I can only think that the market is going oppo on my common thesis and not buying it. I truly believe in it and will not waiver. I am going to hold my 52k commons. I am still very heavy JPS but, I am going to have to halt my common support until things settle down. At .64-.65. I like it. But with still a few variable JPSs with a little over 10 baggers in them, its not a go on the commons with all the risk involved right now.

Good Luck to us all. I am going to state it here and going against the grain that commons have value. If the inverse continues and JPS reaches closer to RV commons will be more attractive. Until then, commoners will have a hard time reaching $1. Ill take my breakeven of about .73 to start....go figure