Fannie Mae-No Politics (FNMA)

[Pennyprof]

Even if it does drop further, I'm pretty sure it'll at least bounce up to .35 again. I think. LOL

The problem is that most of the 1.3 billion float is held by someone and some firms. I'd say that so far only 250-350 million has changed hands so far. The rest of that volume if not more is flipping. So if they haven't dumped yet, when? This week or next week? Or will they wait til the last minute? Should be interesting.

Here's last weeks action:

06/18/2010 0.41 0.42 0.35 0.35 -0.08 -18.60% 101,931,000
06/17/2010 0.45 0.47 0.42 0.43 -0.13 -23.21% 122,474,305
06/16/2010 0.91 0.91 0.40 0.56 -0.36 -39.13% 349,729,094
06/15/2010 0.92 0.93 0.90 0.92 +0.01 +1.10% 9,228,800
06/14/2010 0.94 0.94 0.91 0.91 -0.02 -2.15% 9,552,601