Replies to post #194728 on Fannie Mae-No Politics (FNMA)

[jarenawer]

Ok carrot head good night!

[Cashwizard]

No one asked you what you think.

[HGG]

I doubt it! If it drops that much, it will be clear manipulation, since a sell off wont happen right before Court day... The right news about discovery within the next couple days, could make this flight back at $4 in no time.

[CooNut]

Who's typing you or the parrot? Get real.

[Zargis]

EDIT: Cancel this... apparently most of the other sites have corrected this and my broker is the only one showing it still.


It's possible, but at this point highly unlikely given the strong close we had - and decent volume. (though not major)

Though I admit, I'm not sure why the market managers let loose two random trades the way they did.

09:55:25 2.74 16000 shares, 3.22 BID price
09:55:13 2.74 14000 shares, 3.24 BID price

I think what concerns me the most about this obvious manipulation is the following:

1: Those trades DO NOT SHOW UP as the LOW OF DAY.
2: Every chart I look at shows a large tail on this candle.

These observations either indicate a possible re-trace in the future - i.e. setting a new support range (though, again, I doubt tomorrow)

OR, it was made to shape a near perfect bullish 'breakout' candle. Long filled areas and long wicks on a single stick are both bullish if combined.

Be safe,

-Z