Fannie Mae-No Politics (FNMA)

[bradford86]

Figured i'd update your notes:

8/11 Friday close .45 a week later 8/18 Friday close .58 & .62 both up over 30%

Monday - 8-0 Jury Verdict late mkt trading day resulted .495 closed +.04

Tues - Shorts expected Loss didn't cover low vol mkt only added +.01 closed .504

WED - Lemmings bought mkt up +.10 Shorts gotta cover now

Thurs - Lemmings Buys plus Shorts covering 28 Mil vol ended up .79 & .899

Fri - SHORTS royally pissed on vengence Blitzkreig ATTACK -

Lemmings ran away as well resulting in Freddie -26.5% Fannie -31%

next week - Lamberth Final Verdict w or without Damage award interest ?

I expect Plaintiffs file Appeal of Award & Interest - other GSE Cases Max File "citing this Verdict" as well

Volatility will continue but I'm expecting return of Lemming BUYING & GREEN Days to come ...

WED - Lemmings pile in not understanding that there is no security with these common shares

THURS - Lemmings really go off their rocker and just go hog wild and buy and buy and buy, maybe some institutional money buys. day traders drive this up for no reason

FRI - reality sets in that WED/THURS were a bunch of misinformed speculators buying, unwinds Thursday's gains.. see you next week. good luck