Replies to post #162188 on Fannie Mae-No Politics (FNMA)

[rjanderson383]

Somebody bought the shares somebody sold during the day and the price increased after they were bought.

Lots of buyers and sellers. Shares trade hands and if the demand is greater than the supply... price rises. That's what happened.

For those bullish, today was a success. There were many more shares bought at the ask today.