Replies to post #191135 on Fannie Mae-No Politics (FNMA)

[andydub]

Open the pod bay doors, Obiter... Obiter?

Seriously, that was well done. One thing I have wondering (pure speculation) was whether there might have been some kind of exploitation by one MM of another MM's algo system somehow. Like a sort of feedback loop of trades, essentially quick succession of shorting to the victim MM, covering at maybe a couple cents lower, short again, etc. All the while shaking out retail weak hands.

Seems far-fetched I guess, but the way it dropped like that was so weird.