they do day trade long and short. An average trader can not beat them
yahoo finance says 5.74 billion
http://finance.yahoo.com/q/ks?s=FNMA+Key+Statistics
they don't only buy and hold, they do get in and get out of stocks on a daily basis
I think the question should be: Is there a chance the common NOT become worthless
you are talking about 5 years ago maybe?
either way, imo, the stock is being traded by hedge funds computer trading machines.
March is more than 2 months old, and even before then, they must have seen profits coming in.
also institutions own much less than 1%
if they knew common had a small chance of not being canceled, wouldn't they have bought recently?
hedge funds probably day trading. They are able to such the average trader.
their job now it to clean the bubble they created by getting rid of foreclosed homes. Then its job is done.
not saying he is always wrong but I will not buy based on his advice
if you can time it, it should be a daytrader dream come true. But imo, it is very risky unless you have extra cash to gamble with.
why should anyone buy?
imo. stock goes to zero, because gov will sell it but I am not 100% sure.
they are sucking normal traders
they did not buy recently
same ones who bought at around 1.x
maybe because they know there is a big chance it is going to be canceled.