Replies to post #2056 on Fannie Mae Preferred S (FNMAS)

[woondedeagle]

Three million plus shares of FMCKJ, with an hour of trading left and down one penny. Something is going on, wish I knew..I've got an order in for a thousand shares of FMCCT at the last trade price but no one seems to want any of that today.

[saltflat96]

fmckj volume is up to 3.3mm shares today alone. tuesdays and thursdays mostly account for transfers from what others mentioned on this board.

large intermittent volumes gives me confidence something we are unable to describe at the moment is going on behind the scenes.

we will not be privvy to it for months, but i dont need to understand it. i just take comfort in knowing large forces are at work and im going to be on board when whatever it is happens.