Replies to post #741654 on Fannie Mae-No Politics (FNMA)

[kthomp19]

I have been buying fmcch all day but only 30k of the volume is mine.

"Only"? When it comes to that series, or any other series that isn't FNMAS/FMCKJ (and maybe FNMAT), 30k is significant volume.

I think you got a pretty good deal if you were able to get all 30k shares at $3.25.

Someone got a good tax loss and I hope that myself and others got a deal.

We should find out in January how much of the recent selloff was for tax loss purposes.

I don't think it was a large percentage, though. Any junior pref holder that sold after the post-Collins bloodbath in 2021 already had significant tax losses which would have been pretty hard to offset in 2022.

[bradford86]

Good for you mr moneybaggs