Replies to post #150734 on Fannie Mae-No Politics (FNMA)

[3antar]

Shake

[Saborte79]

Exactly! Don't be fooled. All the longs on here are actually shorts. Believe me they wouldn't be spending so much time on here if they weren't ;)

[Flagship]

Big boys controlling so they can have a control buying . Groups are coming into the mix. They want to buy on 10% at 10+ And buy 90% at the lowest price . This is one you turn off your screen . The filling today will be one of many. More funds, investors , hedges will come in once over 5. I would expect this to be at 20 by new year

[goodcitizen100]

BT,

Look at the past couple of days.
Bounced down from 3.00.
Then broke through.
So yes....very possible it could drop to 3.00 then rebound off.
May take place later in the day.