Wish I would of just held too. Let a few loose just above $2. Will buy back since they might take her there again. I will also add a little here and a little there until restoration. Maybe in a few months or a year or two. The GSE's are way to hard to trade and I never believe those that say they have traded it like a pro. I can see buying selling a few for some $ but actively trading this with every dip and run is WAY toooo hard. It's to manipulated for that. Good Luck !!!!
This stock has matured as a trade or an investment, the cycle becomes as old as the news and the excitement and movement become tempered. it will break pattern when news becomes real and not just a speculation on who had what for lunch and why. Market Makers love emotion or fear, its how they make money, its also one reason why the market will hit 25k not too far in the future, maybe next year.