Freddie Mac-No Politics (FMCC)

[adeezl]

I'm sure it was staged, it was probably the same group the whole time. There were also a lot of peeps that have been accumulating fannie/freddie at .20 - .30 for eons. I'm sure they finally liquidated.

I also don't think it's coincidence that when Freddie commons kissed $5 it was all over (Fannie was an odd spot 5.44). Like clockwork they must have hit market orders to sell millions of shares and go short. We all saw on the way down many times the ask would have multiple 1-2mil orders on each downtick. They made sure nobody could push it up. Of course when they found their price target for a cover (or maybe were finally liquidated) they let off the selling and blasted the buy.

I bet it's the same group, they made hundreds of % up and down. Hell it could have even been ole Ralph Nader and his crew to get some of that money back hah, nobody knows. It was hundreds of millions afterall. I don't think they wanted commons anywhere close to preferred share pricing.

TDA is slow on OTCBB stocks though and that's where I park all my cash so no biggy. I've played one other OTCBB with TDA before and that took about 10-15 seconds to fill on that was on no volume. But as for brokers getting confused; I don't see why, we've seen 3x the volume on the nasdaq/nyse go without a burp. It's the OTCBB exchange in my opinion, it sucks.

Goodluck on this one though, no dice for me because of my broker's super late executions on this exchange.

DOW/SPX mini futures dumping pretty hard here the past 30 mins right at 3am EST as usual, volume rolls in from Europe.