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Arelowo
Mar 12, 2020 1:20 PM

Next Target 1.00 Short

Fannie MaeOTC

Description

Similar to my analysis on FMCC this is in lockstep with the overall market I see it losing about 50% in the next week or so. The only way this can go back up is to get out of conservatorship. The administration is dealing with other issues and if they don't get elected this could linger for years as I don't see Biden doing anything to help these two companies that have trillions of dollars of assets under their control.
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