On the 13th, Mel Watt talked about his strategy, share took off. I was concerned that short term traders were joining. Today they left with some weak shareholders. In the next few days, consolidation or melt up. This kind of volatility repeated many times in the the past. It will occur again till the verdict.
Even though a 35 cent drop really hurts my account it could have been a lot worse. Back in the old days news like this would drop the PPS by $1 to $2. Today it did not because we have some serious strong hands holding FnF. Today's 35 cent drop was a combination of day traders, weak hands, and MM trying to create panic. It did not work. Unfortunately they will try again tomorrow for sure.