Fannie Mae-No Politics (FNMA)

[ninedoors]

Ackman presentation certainly did not help the GSEs. That Along fella certainly got it right about that slick hair car salesman.

Quite the contrary. Ackman's helped the GSE's this entire week. Maybe not today but you'd be a fool not to believe the presentation was already baked into the run up to $7.80 this week. Seasoned investors know when to cash out on the noise and wait for the next signal, that's all. Congrats to those that sold when the RSI was screaming overbought and then some this week. I'd wager those same peeps are buying back in today.