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Replies to post #38019 on Fannie Mae-No Politics (FNMA)

Replies to #38019 on Fannie Mae-No Politics (FNMA)
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jackticker

05/25/13 10:39 AM

#38036 RE: smoothwall #38019

It's a good point. Their are some pretty powerful day traders(MM's) and once they start selling it insights panic and many of the buyers that got in in the 2.50-2.95 range start to panic and they sell. That is what happened yesterday during the big dip IMO. GLTU
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jackticker

05/25/13 10:41 AM

#38040 RE: smoothwall #38019

It's a good point. Their are some pretty powerful day traders(MM's) and once they start selling it insights panic and many of the buyers that got in in the 2.00-2.95 range start to panic and they sell. That is what happened yesterday during the big dip IMO. GLTU