Replies to post #359897 on Fannie Mae-No Politics (FNMA)

[Travel5]

Wow!! Huge news! Thanks Navy

[KINGMADE]

KAPOW!Deserves a STICKY IMO

[JusticeWillWin]

That increases the pressure on Obama to find a resolution before that happens! He will not leave office leaving the GSEs in conservatorship and give Trump the opportunity to release them a few months later.

All JMHO

THIS is WHY the VOLUME SURGED LAST HOUR ...

ACKMAN was at a Conf in NYC and made this comment !!!! - imho


Ackman Sees Fannie Issue Resolved Under Trump Administration

"I think Fannie and Freddie are going to get resolved
within the first 12 months of this new administration,

and I’m looking forward to having my second meeting
with Donald Trump and negotiating a deal,"

hedge fund manager Bill Ackman says at conference in NYC.

http://www.bloomberg.com/politics/trackers/2016-11-10/ackman-sees-fannie-issue-resolved-under-trump-administration

[TII]

First, I agree Ackman's comments on CNBC were very positive, but I don't think they are the reason for the volume surge in the closing hour yesterday. Ackman's interview started after the closing bell. Now, could he have told a few powerful friends he was going to make those comments ahead of time and they acted on it before the close? Possibly, I guess.

Keep an eye on the volume/price action over the next few weeks. If it mimics what happened in late Sept. to early Nov. '13 then there's a very good chance you have another major player or two taking a large stake in FnF commons. If that happens chances are that player is or is very close to at least one of the following....Trump, Ackman, Berkowitz, Icahn, or any of the other usual suspects tied to Trump that may play a role in how the gov't handles FnF moving forward.