Replies to post #188409 on Fannie Mae-No Politics (FNMA)

[bmp152]

My guess is somebody or a group of somebodys decided to dump a large position at once. Coupled with the negative news and triggering of stop-losses, panic selling set in en masse.

The timeframe was odd though, I agree.

[blanka]

It's on the OTC and MM were clearly trading with each other to take this down... also the RSI was pretty high and we need a pullback before the next REAL leg up...

No worries if your long just accumulate on all dips and you will be fine...