Archive for July 10th, 2008

Fannie & Freddie Volume Through The Roof (FNM, FRE)

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE:: FRE) are seeing more downside volume than one could imagine.  We have discussed ramifications of a merger or failure of either one.  Traders are betting against these in a big way and we have seen nearly triple the volume in Freddie Mac and nearly double the volume [...]

Tyco Spike (TYC)

Tyco International Ltd. (NYSE: TYC) is seeing a rather large amount of interest right before today’s open, although this may be a skewed interest.  The culprit is another $1 Billion being added to its stock buyback plan. The actual move may be somewhat misleading as it appears that a trader hit the buy button on [...]