Fannie Mae-No Politics (FNMA)

[401kobessive]

Number of shares outstanding...
Anyone considered all the volume we have had this week? A large % of the float has been traded. If this was mostly hedge funds, they are likely to hold for some time. I suspect that once weak hands shake out, its going to be lower volume on higher highs. This is what we are looking for on the big leg up. Lower volume, higher highs. This is a sign of lack of supply driving demand. It will happen at some point.
Ill quote the Governor of Montana in the Movie "shooter". "There are only so many seats at the table Gunnie. Either your in or your out".

So...how much trading float is available now? Im thinking around a half a billion shares. Thats not alot of money for a 5 trillion dollar company.

I only wish I had a couple billion. Berk, Ack...gonna be the new gurus of my generation. Im happy for them.