Agreed.
I have seen such already in the past with this one but I am aware that a reckoning will come once again... the question is merely in what form?
Good luck and be safe. Thanks for the reply, I think anyone with money in FNMA should read your post and consider the scenarios... as they likely will manifest.
I could see us rise to $3-6, then drop back to $2 on fear a week or days before it actually has news to take it to $20-50+.
You'll notice that with any decent spike or run on any tickers, they often go lower first so as to grab stop losses and scare people out... who then buy again at the highs.
-z