Just saying. If you jump out at $2, it goes to $21.5 and drops to $1.80. Man, you can make 10% if you time it right. I bought a few after the announcement of the McFarland dep. FMCC $1.43. Yes, I could buy/sell/trade, but you better have some idea of what the traders are doing.
This is not about 'news'; it is about guessing right on the next movement.
I can say this... the shorts did have a great run. Note how there has only been positive news this year (2016) and yet, the PPS is down! How can that be, except for fatigue.
Getting energized here, for more, until HR 4817 (Mulvaney) and others discuss how to release the GSEs.