Replies to post #156 on Fannie Mae Preferred S (FNMAS)

[rosen62]

This could have easily been someone closing a position at a loss with a MM buying on the cheap. Or a block transfer negotiated at a lower price. Again, I don't see any reason to feel optimistic. Many like to read the tea leaves but in all honesty in the almost 2 years I have owned these shares there was no volume/price movement that would anticipate any event. Even when hedgies loaded up, months and years later they unloaded perhaps at a loss. So was that loading up an indication of anything? Did they know anything we did not know? If you ask me the after hours trades from yesterday are probably an aftermath effect of 8/17.