Bottem up volum up turns arround hudge funds uppp towards ...5 $
Sentiment: Strong Buy
The final shake out is on.
After the full $117B has been repayed, as of next earnings release, FNMA will have to be returned to the shareholders. The Gov has no right to continue to hold 80% of the company and collect 100% of the earnings.
It has to get to $1.20 before it can move to $5.00 and that looks doubtful right now.