FNMA MM manipulated pullback from shorts. They wan
Post# of 1629
Posted On: 04/09/2013 6:14:19 PM
FNMA MM manipulated pullback from shorts. They want to cover lower than 88-90 cents. that is the problem here. We will need significant news before the BIG 10Q to keep these POS MMs from screwing around here. As more and more investors find out about this hidden gem it may make it harder for them. But, if the volume remains low, they will pull their scare tactics trying to get folks to dump into them on the bid.
It sucks but we know they have an open 135M share short position and I cannot see them keeping that with major news and financials about to hit here.
all my opinion of course.
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