Replies to post #489445 on Fannie Mae-No Politics (FNMA)

[Joseph_Otting]

Watch this post mark the high of the day. I'm already in the Green on these $1.46 shorts.

Without any concrete Admin Action, I would expect the slow drip back towards $1 to continue.

Quite possible new multi-year lows are on deck if the Admin doesn't give shareholders something definitive in the next few weeks.