Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Does it make sense, folks?

It does not. The staff at these companies is small enough that even were they to buy shares with their *entire* two-weeks pay the needle wouldn't even move. 30M shares of Fanny common changed hands on Friday at an average PPS of ~$1.35; total dollar volume ~$40m.

FnF employees can buy all they want and the market will not notice, unless a VP or Director goes public with a personally-funded big buy.