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| it's amazing that FNM did not sink to below one buck! | ||
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From: Dreaming girl <mngl...@yahoo.com>
Date: Fri, 6 Nov 2009 13:18:43 -0800 (PST)
Local: Fri, Nov 6 2009 4:18 pm
Subject: it's amazing that FNM did not sink to below one buck!
Well, Yesterday's bad earning report scared some after-hour cowards
and it appeared that FNM would dive back into 50 cents range today. Well, watch the wounded whale today and it still was floating about $1. Does anyone like to explain why? What I speculate is that $1 is the bottom line for FNM to keep listed in the NY exchange and someone (possibly FNM itself or the Gov) kept buying, whenever there was selling, to keep the price just above the bottom line. If this is true, the whale will only float up when the water becomes warmer- You must Sign in before you can post messages.
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From: R J <saltfla...@gmail.com>
Date: Fri, 6 Nov 2009 14:07:56 -0800 (PST)
Local: Fri, Nov 6 2009 5:07 pm
Subject: Re: it's amazing that FNM did not sink to below one buck!
http://finance.google.com/group/google.finance.12885/browse_thread/th...
just an idea...
On Nov 6, 3:18 pm, Dreaming girl <mngl...@yahoo.com> wrote:
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From: skyhighpraise <imzama...@yahoo.com>
Date: Mon, 9 Nov 2009 02:44:43 -0800 (PST)
Local: Mon, Nov 9 2009 5:44 am
Subject: Re: it's amazing that FNM did not sink to below one buck!
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