Fannie Mae-No Politics (FNMA)

[NeoSunTzu]

Traders and market players with real money to throw around know perfectly well how and when to manipulate this stock. It's happened repeatedly throughout the life cycle this trade with legal decisions, congressional mouthings, and the election cycle. So it WILL become a Trump trade if he is somehow NOT eliminated as a candidate.

How high can the manipulators take it? Well, hit an intraday high of $5 on Trump's first go around, it may definitely go higher based on a few new elements at this point: "retained" capital levels, most court cases decided, Lamberth decision, not killed yet and most likely not killed, blah blah blah, etc. But rest assured without real activity from Congress, FHFA, UST, or the courts, however high the manipulators take this be prepared for them to pull the rug out from under it at any time.

Could it go to $6? $7? without any real news? ... who knows, but you can bet heavy profit-taking and selling driving it back down without any real news on a compromise or a solution. Congress, UST, and FHFA will NOT let the market price dictate their actions towards a solution.