Replies to post #322248 on Fannie Mae-No Politics (FNMA)

[John Deere1]

Ackman needs the cash for his Valeant position. If you are thinking he may be selling some of his other holdings, you may be correct.

And when he decides to load back up on GSE position, we will immediately know.

[Sogo]

That's what I keep wondering. Has Ackman or Bruce been slowly liquidating?

One would think not, but those guys are ruthless and will do whatever it takes to make money. Fnma is such a small portion of Pershing's overall portfolio that I could imagine Ackman giving up if he heard something regarding DC, for example, that spells further legal troubles. Even as interesting a prospect as he has called FNMA, these guys are not married to any ticker.

[Balltilian]

Which is why he would dump FNMA. JMO