Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Let's say....If you owned JPS shares at a cost of $12, you would try and pump to get the current price of $2-3 back up to 12, Why? so you can sell those HIGH cost basis shares. Then you'd want the cost to go back down so you can buy in cheaper and maybe more shares (lower your cost basis) in the hopes at selling later on at a higher price. Or in the JPS clown posse thinking, so you can get a mega common share conversion.

There are many like GB, who most likely have higher cost JPS shares they bought early on (high cost basis) and they are dying to off load those high cost shares to buy cheaper ones (lower their cost basis). If you are following them, then you will be a bagholder if their pump and dump ever works.

Is this simplified enough?