Replies to post #554606 on Fannie Mae-No Politics (FNMA)

[Brussangler]

Shorts going to be trying to cover like crazy

[CatBirdSeat]

Agree. The Gap Will be Dollars Up! $$$$ This Is A Gap That Won't Be Filled In The Near Future. They Call This A Break-Away Gap.

[RickNagra]

I fully agree. I think you nailed the numbers. This is called pattern recognition and we have seen this type of pattern many times before. Good call.

I think it will gap up huge at the opening and trade from there for the day.

Since I've been in from 2013, highest has been $6.20 or so (without net worth sweep funds available towards pps). I say we gap to $3.45, touch $5, and then settle in the mid $4. We'll continue up on Tuesday based on testimony.

There are now 7 years of unrealized $$$ per share on the table!

[FaithfulAndTrue]

I'm going to leave this right here. :) I don't know about the rest of the day, but my opening may be on! $3.45 is on a multi-year resistance line from the descending peaks of our previous surges. This is the news we have been waiting for to break through.

I think it will gap up huge at the opening and trade from there for the day.

Since I've been in from 2013, highest has been $6.20 or so (without net worth sweep funds available towards pps). I say we gap to $3.45, touch $5, and then settle in the mid $4. We'll continue up on Tuesday based on testimony.