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Fannie Mae (FNMA) has been one of the hot otc stocks in 2013, up around 1,000%. However, the stock up due to various penny stock promotions where they pump and dump shares. FNMA will have support down between $1.15-$1.20 which is around the 50 day moving average. If that level is hit, look for FNMA stock to bounce big. Also watch $2.20 & $2.80 on the upside.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
