Replies to post #582621 on Fannie Mae-No Politics (FNMA)

[GZGZGZ]

the "market" is simply following

FNMA chart 4-5 year chart historical pattern

imo this Jan. SCOTUS may hear the case to certify 5th circuit en banc; that decision will determine an new pattern the equity will take

[KenKong]

Crazy.

[krab]

Let's see FNF both $5+ before 1/10/2020 !!!

[Ace Trader]

It’s going to be a huge Pop !!

[along4zride]

That’s because the more sophisticated trader knows this (FNMA) thing is ready to roll over hard . While hopeful investors are bragging about how many shares they have and dream of early retirement short dog pile is forming. Probably would of been best to take top traders advice last week before short bum rush on Monday.

[Lotto65]

Totally agree!

[schaub]

Shorts getting burned would be fantastic, but IMO, WallStreet won’t let that happen to a large scale, it would be welcomed though. I’m counting on a hit/manipulation piece to bring it down a bit, giving their buddies an opportunity to cover.
I hope this isn’t the case, would love to see a MOASS.
This is definitely heading in the right direction.

[Ripcord01]

A little Extra math..some might have missed. Do not forget about the Guarantee fees paid to the Treasury.

Fannie Mae pays (remitted) 10 basis points of Gee Fees to US Treasury. This comes out to almost $2B a year just for FNMA

This is per there 10K