Replies to post #469412 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

The data is interesting and does show some major players holding on here. That part is good. But you might note that the same report also shows a lot of players reducing or exiting their positions in FNMA. That is not a very good plug for share ownership.

Just so you know I am not criticizing, just making a point: I am waiting for some dividends to settle and plan to buy another 20,000 shares on the next dip.

[YanksGhost]

I do not see any solid strategy in shorting this at $1.50- $1.60. The midterms are the hair-trigger point where any news could drive this stratospheric. Too close to risk, in my mind. Swing trading this at current volume levels is only suitable for minnows, not whales.

Either go large or go elsewhere. Shorts are at extreme risk here.