Replies to post #425508 on Fannie Mae-No Politics (FNMA)

[contrarian bull]

There does seem to be a rotation from preferred to common over the last few weeks.

Anyone have any insight as to why? I can speculate a few:

Those who bought preferred hoping for a judgement have given up on a quick fix and want their money put to better use?

The upside for preferred is less than 10x while the upside for common is more than 10x?

The total eclipse?