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Re: patoja76 post# 157043

Saturday, 11/23/2013 4:06:06 PM

Saturday, November 23, 2013 4:06:06 PM

Post# of 796560
I would say a hedge fund added one to many zeros to the buy order and eat through alot of shares. MM was caught off guard. Hence a spike to over 8 bucks. Notice these hedge funds are buying over a month period. They do not want to pressure the PPS upward. They want to buy at the lowest price possible. Again, it would not take much to set the woods on fire here. Look forward to seeing how the board evolves as the PPS goes north. Long and strong FNMA.