Replies to post #697311 on Fannie Mae-No Politics (FNMA)

[Potty]

lol, that quote is from Dec 2020, Ackman says the potential catalysts are...

SCOTUS decision -- whiff! Actually negative, cos SCOTUS is clearly anti "hedge fund vultures"

Trump/Mnuchin last minute release -- whiff!

Biden admin action -- TBD, tho not even on the agenda right now

So, I am no sure this was a positive outcome -- hence the colapse in share prices for FnF securities and still going down

If anything, I would say someone knows something about Biden plans -- hence sell-off in JPS with hedge funds dumping...