Replies to post #153 on Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

Interesting,.. maybe its a signal? I agree its no average Joe.

[rosen62]

These 2 trades were off hours:

16:43:37 500 shares $1800/share
16:43:22 715 shares $1740/share

Prior to this there was 1 trade on 8/20 (1 share @ $2700) and 2 trades on 8/17:

4 shares $2700/share
3 shares $2700/share

Because the trades were after hours, the last official price recorded is still $2700. Yet, 1215 shares moved today at a much lower price. Why should this be seen as optimistic?