Candlesticks Predict Rise in Fannie Mae Shares; but Who Will Buy?
July 13, 2008 at 17:46 PM EDT
Fannie Mae is a “Government-Sponsored Enterprise,” but even so, it is a private corporation whose shares are widely owned, principally by financial institutions. In recent months, the value of those shares has plummeted from a high of $70.57 in August 2007…