Replies to post #181408 on Fannie Mae-No Politics (FNMA)

[golferman]

OBIT what site are you collecting that data. Can you get the trades on FNMAS form yesterday and today that are over a 500,000 share trade?

[TII]

Obit, you beat me to it. I was going to add those 9 100K+ share trades totaled 1,604,553 shares or an average of 178,283.67. Big $.

[chessmaster315]

I will help interpret this:

The big money moves the stock. Institutions, and large investors, sometimes both.

This is showing "the big boys" are buying. Not a whole bunch of little ones..but the big boys.

The big boys have lawyers, financial consultants, and resources we do not have. That is not to mention the big players often know each other and feed off each other.

This is my main reason for buying: The biggest: Ackman and Berkowitz. Remember Berkowitz has been named as "heir apparent" to Buffet. He is not perfect, but he proabably has the next best investment record history, next to Buffet.