Kthomp leave the tax analysis to others
"Tax loss selling" is bundled with gains. So, *if* someone *only* had GSEs JPS that would be true. But, the truth is that the big fish have other holdings to net.
You are correct that 30k FMCCH is a good chunk. And, yes, someone decided to bail on this issue.
It so happens that there is a guy on Twitter who shows the good deals to buy and sell.
Undoubtedly, this was the one for today - someone selling - and someone there to pick them up (at a bargain).
Often a one-day-only sale event, so better be ready when the blue-light starts to flash!
Bullish