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Re: researcher59 post# 8558

Wednesday, 05/29/2013 5:23:03 PM

Wednesday, May 29, 2013 5:23:03 PM

Post# of 10861
researcher, FNMA- I got up and saw it in the $4.7s thinking maybe I should sell a little more but only have a little left so went along for the ride. Crazy even just having a little bit.

Thank goodness I don't have a bunch, my wife probably would've seen it in the AM when I did and then seen the plunge not thinking of how far it has climbed but only how far it dropped intraday and closed LOL. She woulda been in shock and 'woe is me' I'm guessing.

Did U ever play the preferred (FNMAS) I was mentioning? They've been very strong, even up today as the common got hammered, and just saw some hedgfund apparently bet about $500 mill on those preferreds (and Freddie's). Didn't see anyone respond so guessing maybe no one got into them. I didn't either (ah well).

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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