NYSE : FNM (Fannie Mae)

Hi all,
I was attracted by the free fall of FNM yesterday night and made me so emotion and placed a few order when i saw it retrace to the level of 50% after i saw the announcement made in US to downgrade this counter. It just did not stop and keep falling yesterday night untill 1.112usd and closed at 1.14usd.
Unfortunately, i take it when it hit 50% level.

Look at the chart, is huge free fall...in a single trading day.

Quite paint...