Replies to post #778216 on Fannie Mae-No Politics (FNMA)

[blownaccount9]

While it is great to see price going up on higher volume I don't think there is any reason to see anything change aside from people betting on pending news. Average price to PAR is going up 1-2% which is always nice, but it is meaningless in the face of where we are 15 years deep into conservatorship. Still, whoever sold me FNMAT at $1.80 a month ago thanks a bunch! I am still chugging along buying 1,000 shares of FMCC a week currently although my desire to FOMO in and buy a bunch more is getting stronger. I just have to keep reminding myself that nothing is certain and gotta keep $$$ set aside for if bad news comes and shares drop into the $0.40-0.50 range

[Donotunderstand]

why - with real information or say its a good guess - is FNMAS going higher?

I see nothing - here or elsewhere in the news or net - that explains this move up for 6 weeks or so -- nothing