Fannie Mae-No Politics (FNMA)

[Jayman1980]

How history repeats itself! I would like to have the poster who told me that Fannie was not like every other stock, how the gaps would not fill, how I would be chasing Fannie if I sold, how the past does not dictate the future. The latter being the most absurd thing ever, unless you live in an alternate dimension where the space/time continuum does not apply, lol. Well here I am, all sold out; the last of my shares going to some poor hopeful at 6.09, and here Fannie is@4.00 or whatever. Looks like all the gaps got filled except for 3.12.

I cannot help but laugh at the way this has run and pulled back exactly like last year. Exactly! More "Fannie going to the moon" hope and just today, more "Fannie shareholders are screwed" because ANOTHER bill. Ridiculous! Anyway, this has been a great play and will continue to be. Treasury will lose their case. Remember nubes, nothing......nothing goes straight up. There are always patterns if you know how to tilt your noggin to see them.

Congrats to all the traders like JJ8 who saw this coming days ago too.