Fannie Mae Preferred S (FNMAS)

[saltflat96]

i think its as simple as a fund chasing year-end fund performance.

they want to drive it up and shave off some shares year end to book some quick profits.

don't get me wrong, i love the news and developments coming out. very, very refreshing.

lets be honest with ourselves, we've seen lots of other good news come out and this thing just sits.

we only see real moves when iffy funds buy in/ sell out.

they still run the show.


also, keep in mind year end tax selling.