Replies to post #17620 on Fannie Mae Preferred S (FNMAS)

[Fanatical Infidel]

Your reply contradicts your previous post on volume, which is it?

Not at all...if you look at the data on the preferreds when I wrote my post there were many issues of preferreds going up in price on much higher than normal volume.

Yesterday had one preferred, not several, with higher than normal volume and 90% of that volume wasn't associated with a drop in price - so no contradiction what so ever...but you knew that.

Commons to the moon!!!!