Fannie Mae Preferred S (FNMAS)

[HedgeMyRide]

IMO Fairholme case upend perry regardless of what is being said right now to the contrary--they all basically say the same thing in the end anyhow. And rightfully so.

The fact that fed judge denied gov's motion to stay 2wice (3 times really, they would have wanted to push this years out during first at bat) and granted Fairholme date of 11.7.13 is curious indeed---particularly given that Q3 2013 earnings is also on---->11.17.13. Probably just a weird coincidence. Like that 25k buy of FNMA at $5.21 last week.

Freddie is going to steal the show next month however, imo.

*I would be curious to know how many people on this board hold common shares of Fannie Mae.