Replies to post #177 on Penny Stock Soldiers (OTC tradeable tickers)/Momen

[ThePennyDoctor]

I have posted a lot on the FNMA board in the past - I believe this one is impossible for retail to value, and that it should only be traded based on technical’s/momentum/sentiment (personally, I think the value is closer to nil than anywhere else). As such, I sold today when the momentum reversed.

If you are holding this long, you may do OK, but be prepared for a lot of volatility. All the news around FNMA is mostly BS; the real news that will move this ticker is whenever the government lets on how it plans to end the conservatorship. The latter is one of the reasons I would never hold FNMA long - one day the government may announce a wind-up and that the commons will get nothing and the preferred shares a partial payout (this is the most likely scenario and why FNMA traded at .15 for so long).

This probably isn't what you wanted to hear - just my opinion (I love FNMA as a daytrading vehicle).

[~ NT ~]

Its not on its 3rd run bud. Its just consolidating in this 1.50 - 2.00 range.

3rd run will start most likely before the next earnings.

I got in on Monday and sold today at 1.94 and 1.96. The short vol was too high and not enough buying pressure to push into a squeeze today.

Sidelined now.

3rd run indicators: strong close at HOD in the 2.50 - 3.00 range