Apparently you missed the first 2 hedge fund tank jobs of FNMA. Today was a very old play that they've used many times over the past 4 years. It will recover just like it did the first and second times.
This is the third time we have endured this bull ship. Get over it already and go long.
"Senate Donations Seen As A Ball Scratcher"
"You scratch mine and I'll scratch yours" ~ Hedge Fund to Senators
Happened in 2009 or 2010 as well. Same play...same playbook. They continue to use the same play because they know there will always be a fresh crop of traders to screw. They got me once. I've fleeced them twice.
GAME is the appropriate term here. This is the third time that a hedge fund has used this play in the past 4 years. They're going through Senators and new bills like #$%$ through a goose.
Hold and await the next runup unless you just love pain.
And a couple of U.S. Senators received HEALTHY DONATIONS to their campaign fund.
Everyone is happy except the dummies that lost their shares.
For the record that was a 20%+ play I handed you guys. Hopefully that makes up for the fights I had with some of you months ago. I especially apologize to Mike for the hard time I gave him.
Best of luck