Replies to post #17242 on Fannie Mae Preferred S (FNMAS)

[Commons_Cancelled]

FNMA Commons to Preferred Rotation Confirmed!!

LOL, classic Rotation. Check the time stamps. And the dollar volume matches up perfectly. They're not even trying to hide it anymore, just blatantly Rotating into Preferreds from Commons.

A clear large sell order of Commons followed by the same money flowing directly into Preferreds. Classic!!







#AverageJoesForMoelis