Replies to post #6868 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Defensive Positioning (take two...)

[sorry for last message, hit send inadvertently.]

I too became concerned regarding Cramer's interest, and think he could be pumping for his buds.

Holding FMCKJ in 4 separate accounts, in amounts from 2000-11000 shares, with buy-ins from .60-90, I set GTC limit sells at $6 for roughly 20% of my holdings.

If this comes to pass I'll show a modest profit on the trade even if we eventually get screwed...