Replies to post #589543 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

It’s all about making some money, holding and waiting is stagnant. I need to trade this again at some point.

[Doc.007]

At Prefs We Nee The Continuously Down Trend to expect, therefore I would never rotate to Prefs !
Beside You have already rotated to Prefs as We All Know, so no need to makeup something just to post.
I think Momentum Trading is OK, but I'm reluctant to do this at OTC.

[mrfence]

Wait for preferred to be cheaper than commons;-)

[chessmaster315]

Why sub 11? Wait till the preferreds are again less than the commons like they were back in 2006.

Buy preferreds, instead, when they are less than 4 bucks a share.