Replies to post #527696 on Fannie Mae (FNMA)

[camaro4me]

We're all watching the stable price climb.

Did anyone notice the amazing price stability today, besides me?

It went fairly gradually up, then leveled off with few, if any "wide price fluctuations" except the the 3.27 high abnormality.

I think I know "why". Its one of 2 reasons:
1. Many retail investors saw the news and bought.

2. Big buck institutions moved in, and kept the price stable.

Either of these are great for shareholders. ..Not so good for "day traders"...