Fannie Mae-No Politics (FNMA)

[401kobessive]

Z, Here is the answer to your question.
1.2 billion shares outstanding.
Thats 1.2 billion parts of a whole.
The entire float could be purchased with pocket change of a large fund.
Low trading Volume means longs are not selling.
Low trading Volume means those 1.2 billion shares are harder to get at lower prices.
Every effort is being put forth to separate those from their ownership status.
All of this is phase 1 in the program.
Phase 2 will be much more intense.
Expect, a confirmation of winddown through media coverage.
Expect, a date given to winddown and replace.
Expect, many will sell with hope being in short demand.
Expect, the smoke to clear, and shares to be redeemed for new shares on a 1:1 basis. At this point, many will be kicking themselves in the a#$ that they sold.

They will take you to the brink and you will feel all is lost, then roll out a plan that matches exactly what many here have suspected would happen. The problem is they will convert many longs out of fear. They did this once and it worked. I suspect they will rerun this episode again. The key is to educate longs on their past actions so that when they play these games we do not break or fold to the pressure. Epic battle going on, the fight is worth the victory ahead. When this much money is at stake, do not expect to get a large profit without some major mind-$%#@@$$% along the way.

On the flipside, I could be wrong and we get a settlement from the courts in a couple months. If that happens, you can rag me about it in Vegas.

401k