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Federal National Mortgage Association Message Board

  • lifeson99 lifeson99 Jun 27, 2013 1:39 PM Flag

    All bad news is out now - yet UP today

    The only news I expect in the future is the demise of this bill and of repeated BILLIONS in infusions into Fannie's revenue stream. I hope it weather's this and we all profit !!

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    • I think the sell off in the past 2 days were engineered by the same hedge funds that bought preferred and common. It is a scare tactics and warning message to the senators that introduced the bill and tried to wipeout the value of F&F. They own millions and would have sold off last week. They are also using this to push it down so that they can buy at this level and run it up once more before quarter ends.

1.97-0.01(-0.51%)Jul 22 3:57 PMEDT