Fannie Mae-No Politics (FNMA)

[NeoSunTzu]

The "Trump Trade" ... after Trump was elected, but before he took office, we actually hit an intraday high of $5 sometime in December before he took office. There was a four or 5 day period then where Fannie was trading 40 million - 75 million shares.

Before election day we were trading roughly around 1.5 million shares a day and Fannie was in the $1.7 to $1.8 range. Right after election day for around a week Fannie was trading 20 million to 40 million shares and we bumped up from $2 a share to over $3 a share and soon after hit over $4 a share.