Looks like a momentary panic dump to me. Shorts co
Post# of 1629
Posted On: 10/24/2013 11:11:51 AM
Looks like a momentary panic dump to me. Shorts covering?
Profit Taking? I think this horse is still in the barn. Just wait til she gets on the track!
By Steve Goldstein
1,000%500%0%-500%-1,000%
10a11a12p1p2p3p
FNMA FNMA
WASHINGTON (MarketWatch) -- A day after a big rally, shares in Fannie Mae FNMA -10.41% and Freddie Mac FNMA -10.41% saw a big nosedive, with double-digit declines for both. Both of the mortgage-buying giants are under federal government conservatorship, and shareholders are not entitled to dividends, all of which go to the U.S. Treasury.
Profit Taking? I think this horse is still in the barn. Just wait til she gets on the track!
By Steve Goldstein
1,000%500%0%-500%-1,000%
10a11a12p1p2p3p
FNMA FNMA
WASHINGTON (MarketWatch) -- A day after a big rally, shares in Fannie Mae FNMA -10.41% and Freddie Mac FNMA -10.41% saw a big nosedive, with double-digit declines for both. Both of the mortgage-buying giants are under federal government conservatorship, and shareholders are not entitled to dividends, all of which go to the U.S. Treasury.
(0)
(0)Fannie Mae (FNMA) Stock Research Links
Scroll down for more posts ▼