Fannie Mae-No Politics (FNMA)

[gmoneypenny]

As expected, they kept whacking away at that large bid support until the huge bid support at 1.85 fell. Nobody should be surprised by these tactics. The shorts want to take it lower. And lower. Each day, they drop us 10 cents and then trade in that range for the day. Then gap it lower the following day. They will continue to do this until one day we wake up and the manipulators decide to take us higher. They are in full control here, and there's nothing we can do about it but sit and watch them play their game. Fu@# these manipulators.