Replies to post #793842 on Fannie Mae-No Politics (FNMA)

[stockanalyze]

"Last I saw of you on twitter you were pitching it short "spicy trade" to a crypto hedge fund. You are a liar."
right on but don't worry he had no editorial assignment and was day off . look at it 30 posts within 2 minutes.

[kthomp19]

Last I saw of you on twitter you were pitching it short "spicy trade" to a crypto hedge fund.

You are conveniently leaving out the fact that shorting FNMA was part of a pair trade and not just a naked short. It was a statistical arbitrage designed to take advantage of a temporary displacement from the normal FNMAS:FNMA ratio, not a blanket suggestion to just go long FNMAS, short FNMA, and hold both positions until the cows come home.

It's also convenient that you left out my suggestion to go long FMCC and short FNMA as an alternative, a strategy with a similar idea behind it that would have made a handsome amount.

You are a liar.

Wrong, but nice try.