Fannie Mae-No Politics (FNMA)

[~ NT ~]

Only those who didn't know what they were doing.

Mistake #1:

Listening to the news and hype, buying above 4.00 or 5.00 when the ticker already ran more than 5x from its sideways level of 0.80, thinking it goes to the moon in 2 days and they'll become millionaires and retire.

Mistake #2:

Listening to the same news / fear tactics that promoted 'Fannie Mae shares have lost 40% of their value in 2 days' when it corrected (which is perfecting normal when its overbought, it did not 'lost value' as they said) and selling on fear below 2.00 (down to even 1.30).

It seems they have paid their market tuition.

The stock is now consolidating. Gearing up for the next run. The same folks who bought high and sold low, will say "What the . . ", when it goes UP again.

The hands that hold the stock now are matured. That's why the ticker isn't moving all that much in this phase.

New hands / Flippers will come in when the ticker gains volume and momentum - taking the PPS much much higher.

FNMA

P.S. I've seen your earlier post and know that you did well. If that's really the case, you would agree that there are more opportunities ahead with this ticker.