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cooler_heads

07/03/19 1:25 PM

#538322 RE: JosephS #538320

FNMAS up on ~15% of 10 day average daily volume.

Definitely not a reco.
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Commons_Cancelled

07/03/19 1:28 PM

#538324 RE: JosephS #538320

Thanks for pointing that out. I see rather sizable volume taking $FNMA Commons down.

It would seem there's another Rotation from Commons to Jr. Preferreds taking place.

Did the Plan leak? Is Ackman further expanding his Jr. Preferred position and reducing his exposure to $FNMA Commons?