strange, commons gone red. preferreds up big

[skibrian]

this is strange.

http://finance.yahoo.com/quotes/fmcc,fnma,fmckj,fmcki,fmccm,fmcck,fmcct,fmcci,fmckk,fmccg,fmcch,fmccl,fmccn,fmcco,fmccp,fmccj,fregp,fmckp,fmccs,fmcko,fmckm,fmckn,fmckl,fnmap,fnmao,fnmfo,fnmam,fnmag,fnman,fnmal,fnmak,fnmah,fnmai,fnmaj,fnmas,fnmat,fnmfm,fnmfn/view/v2?bypass=true&ltr=1...

[skibrian]

common stock green again.

strange...wonder who the buyers/sellers are???

[ron...@comcast.net]

All green... not following your post.

[ron...@comcast.net]

I thought you meant it's weird that common is green while pfd isn't, yet on the whole both seem green to me. Very little red on pfd.

[skibrian]

at 2:39 EDT, 20 minutes delayed quotes, Commons were down.  Then bounced back.

evidenced now by:

FMCC  Day Lo:  $2.63
FNMA  Day Lo: $2.76

a dip occurred.  I wonder if someones GTC order got tripped for something.

[ron...@comcast.net]

Ok got it.. there was a sharp dip and then a spike back up. I took it at the time and as manipulation when I saw it occur. Actually was thinking the dip was initiated by those looking to buy more but I'm probably over thinking it. Showed resilience either way.

[neo]

over 10 mil shares two days in a row for commons (FNMA) - ICBA just doesn't have that kind of notoriety, nor did Mnuchin say anything new...wondering if a bunch of newbies joined or there is whispering among someone who knows and some buyers

[ron...@comcast.net]

Defintely newbies I'd say. The old timers are pretty settled in I'd guess. Whether they're new because of some privileged information who knows.

[joseph s]

I saw one guy who previously owned it do a panic buy today.

Made 30k on first trade. Lost 50k on 2nd.

Only put in 25k this time

[ron...@comcast.net]

Yeah, probably a lot of that... hoping for institutional buying.