Fannie Mae-No Politics (FNMA)

[bmp152]

No after hours trading on OTC.

Those t-trades that post after hours are out of sync trades from earlier in the day and have no direct bearing on current pps. I think I see where the confusion comes from though...

So if you believe the current pps is $3.67, a VERY late t-trade could come in now for 10000 shares at 2.20 and after hours trading would show pps as $2.20. One minute later, another out of sync t-trade could come in for 1 share at 4.10 and the after hours pps would be reported as 4.10.

"After hours" on OTC is merely the last out of sync trade that went through, regardless of size. Therefore it has no direct manipulation of the current price.

Somebody please sticky this...