Replies to post #561634 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

Agreed. FNMA/FMCC commons are vastly undervalued. However, dont expect that to happen long term..look at the huge volume since the En Banc decision.
Prior to En banc we traded at about 4 or 5 million shares per day. However, the 10 day average is 24 million according to TDAmeritrade.
(For those who dont know this, often a huge spike in volume preceds a massive price rise).