Replies to post #38089 on Fannie Mae-No Politics (FNMA)

[recolect]

Aww your short, I'm sorry for the pain

[Aunt Fannie]

Even the insider sold too soon lol im not the only loser!

[silverbullion]

you are always wrong!

[raindancer1]

Wow, one insider trade out of 10, 000 employees at fnf.

You were talking about a pullback to .80 two weeks ago...now its 1.50, whats next?

There is big money behind this...prepare to be flattened this week.

[StockWhisperer]

hahahahahahahahahhahahahahahaha! You have been saying that from day one. How far is this getting you! A light is shining on the housing industry!!!

[Pennyhunt]

1.50 by Friday

[woody85]

Theres many reasons for insider selling. Sometimes good, sometimes bad, or maybe just because the person needs money... I wouldnt worry about 15,000 shares. thats nothing.

[Croireavenir]

A whopping $22k worth LOL

[~ NT ~]

Nice try . . BUT it doesn't mean anything.

If I had a whole bunch of shares from way back, I would also sell some for profits on the way up.

AND, it just shows ONE transaction, which is also not major. A stock price moves due to supply and demand. There are more and bigger BUYS going on than that $22,000 sell. That means, Fannie is headed up.

Best advice that anyone can give you now is GO LONG. Don't fight the trend. You can lose more than your short investment here.

[mikar]

That guy probably has hundreds of thousands of shares and sold 15,000.
Probably to pay for a kids colleges tuition. Congrats to him!!

[obiterdictum]

Insider & restricted shareholder transactions reported over the last two years

Date	Shares	Stock	Transaction	 
 20-May-13	14,966	FNMA	 Sale at $1.45 - $1.46 per share. (Proceeds of about $22,000) 
 30-Jan-12	2,401	FNMA	 Disposition (Non Open Market) at $0.23 per share (Value of $552) 
  

A hasty sale if considering that the amount could have been twice 22k (this does not include cost of shares) if he waited till Friday, May 23 to cash in shares bought at $.23 per share.

Or for the $3442.18 or so used to purchase 14,966 shares, he could have waited until next Tuesday to see what happens.

Perhaps the cha ching in his account was ringing so loud in his perception that he could not think straight about what was happening in the market...It happens.

[TRUISM]

Please tell me you know better than this.

An insider trading is just that.

It can be done for tax purposes,financial need;the list goes on and on.

Not arguing;simply stating the facts.

[buccaneer1961]

look at the dip...yesterday those share were repurchased by smart ones...those idiots that sold in than link are short sighted morons