Replies to post #155 on Fannie Mae Preferred S (FNMAS)

[jwnoble3]

Somebody spent over $2.1M on these shares. I took a quick look at higher volume days over the past 4 years and they tend to happen prior to share price increases.

~$2.1M for ~$127.5M in face value.

Realize that someone also sold these. Anyway this is likely not a small trader taking either side of this trade.