thoughts on FNM and FRE ?

Discussion in 'Stocks' started by tdatspectral, Dec 1, 2008.

  1. Looking at FNM action last week. Idling slowly at @ .35c then suddenly begins to shoot up to $1.30 on massive volume in just a couple of days.

    What else could explain such buying? Paulson is about to announce warrant reversal or end of conservatorship and tipped off his buddies (GS who bought 23M shares on the 19th).

    Or it was artificially pumped up before pulling the plug?

    But has to be one of the two IMO because I can't believe 500M moms and pops drove it up.

    What do you think is going on?

    Paulson speaking today and buying has basically taken a break. (IMO to not appear conspicuous)
  2. m22au


    I'm interested in hearing about a possible news release relating to FRE and FNM today