Replies to post #9025 on Fannie Mae-No Politics (FNMA)

[gravytuna]

Mostly the uncertainty.

Everyone's extremely anxious to see what Obama and Congress do tomorrow.

Their big plan for Fannie is out on Friday.

[ntimidatr]

a well grounded view? all 3, but i think the mm,s are moving this on top of the other two....i got in last thurs @.71, didnt see friday coming at all and left my computr, so didnt dump while the price was still up, and couldnt sell til i got lucky and got my high ask of .90 tues morn. but theres been at least 3 other times in that period that i missed out on making money, but we all know they wouldnt have missed a one. they are riding the uncertainty, even driving it....jmho