Fannie Mae-No Politics (FNMA)

[ThePennyDoctor]

We cross paths often on ihub without ever looking for each other; I guess great minds think alike.

I really think we will get a nice AM run tomorrow - no negative news yet (we know the gov't will respond when the tickers get too high again and CNBC etc. start discussing them) and the momentum is huge. 80M shares today is massive. I remember a fellow trader asked me months ago if I ever thought FNMA would trade over 100M shares in a day again - I think I said not anytime soon; happily, I was wrong. We will probably trade over 100M shares tomorrow.

I read a post below about selling all your shares in other companies to trade this one. As stupid as those posts normally sound, I was actually thinking of doing just that for this ticker to free up all my margin before reading that post. There is no better ticker with such incredible volume and upside potential, and unlike other OTC tickers, stops can be used on this one to be safe.

I am guessing tomorrow will be our best day - can't imagine us getting to $5 again, but $3 certainly seems plausible.