Fannie Mae-No Politics (FNMA)

[M I A]

Good luck to you. Preferred are illiquid so they move more. They dropped a lot initially and then had a big bounce. The bigger the fall the bigger the bounce.

Plus both common and preferred are sitting at horrific levels.
Nothing to be happy about. I don't day trade this, but if you do with preferred or common then money could be made.

Thanks for your posts. Looking forward to this being over.

JMO