Replies to post #17618 on Fannie Mae Preferred S (FNMAS)

[Fanatical Infidel]

preferred volume high today, mostly selling

The only preferred I see with high volume is FMCKJ, with a little over 1.8 million shares traded. Looking at the intraday chart 1.6 million of those shares came with no price decline....I would disagree with your assessment.