Fannie Mae Preferred S (FNMAS)

[betahighlander]

it is the "uncertainty" here that is drawing investors like us.
95% of the market flees from such uncertainty.

once it is relatively clear the fix will be in.

Just the other day a WSJ writer said pfd investors were fools.
First mention of pfd in the press since Pileki i think.

We are Contrarians testing our thesis as the news unfolds.