Replies to post #763790 on Fannie Mae-No Politics (FNMA)

[mrfence]

P's do what P's do...

[Donotunderstand]

If moving on real expectation - with reason - for some FHFA or Treasury positive action - a tip of the hat to common

If moving - common - for reasons 95% short squeeze -- then we can enjoy the move up - but it has no predictive value other than for traders

[trunkmonk]

Even I could see the retrace coming today, but I see the Ps are piling on early as possible, but drop in price has nothing to do with anything they say, other than on Maria, as I expected.
Worst thing for all stocks today is opex, and GSEs are not immune to its power over all stocks.