Replies to post #613283 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

makes sense

market is overly discounting any bad news

market seems to forget that say 8% unemployment - sucks !!!!

it will remember

and IMO drop say 10%

F and F - common or JPS - do not have to move with market - they are news driven

[FFFacts]

This was an opportunistic trade since about 3 months ago now a lot of dislocation for quick money but once the market normalizes this will be opportunistic again if it stays at these levels.