I've traded FNM about 50 times in the last few months.
Don't think I've missed it once.
Got my head chopped off yesterday with it. Bought a bit, then hopped in the shower because i wasn't moving much, got out of shower, still wasn't moving, drove to work; on the drive, the bottom fell out......pfffffffft!
One time too many in the cookie jar.
So, for more fun, I'm holding a MUCH SMALLER position of FNM over the weekend, just to see what happens with this bailout. It either goes to $3-4 on the news; or under $1. lol. We'll see. Pure Vegas gambling at this point.
FRE appears to be the better bet, though. Not sure why I didn't grab that instead. Idiot.