Replies to post #726130 on Fannie Mae-No Politics (FNMA)

[Stern is Bald]

FMCC will be the first released and is the only common in lawsuits asking for damages...

No reason to choose FNMA over FMCC...

[redux288]

Well Fmcc had 72% short shares yesterday, fnma only had 60% share short yesterday

[MoneyRobot]

I sold all my fnma at .47 and traded for fmcc at .44 and kept .03 cents today and booked my fnma loss. My basis for my fnma was .74.

The loss, .03 savings per share and the likely future pop of commons should bring me a gain on my commons. It could be a good size one too if it reaches back .75 at some point in 2022. If it does, I gained the tax loss and .03 per share. I sold fnma from my brokerage and traded for the fmcc on my roth and ira. Wish I had the cash to cover it all on my roth but I did not.

Also bought fmcci at 4.10 and 4.16 not much about 1500 shares each at both ask prices between yesterday and today.

Its frugal shopping.....go figure....