Look at Amazon started in 1994.
Never once Amazon was accused of FAKE reviews, FAKE rating, and ASKING FOR MONEY for better rating from the sellers.
Yelp is just a failing company by failing management.
Because people are losing faith in Yelp. Most of the people only use Yelp as business directories.
The fake rating, fake review, and abusive filter of bad one are the main reason why people dont use Yelp.
2.8M volume x 0.08 = $227,416.64 dollars traded hand. That is like only 100,000 shares of FNMA.
If you have that much money going into 0.08 penny stock with such low volume, good luck getting out.
$27 to $53
Time to DUMP!!!!!
not enough buying vs. selling. Basics of Investing101.
A lots of money at sideline of this stock market, but not much wants to ride with FnF, because its shares are currently abandon in pinksheet, aka. OTC market.
It can still go up to $6+ level, but not with 8-10 million daily volume. More like 100M+ share volume in one day.
The pressure from the government will continue until it is REALLY over.
Even if FnF dont get ANY of $222B back, if they won the illegal 3rd Amendment sweep case:
1) US government's 80% warrant will become illegal.
2) FB still making BILLIONS each quarter.
3) FnF stock price are still under pressure with merely $3-5B market cap.
4) FnF can finally move forward.
Remember the housing is back to 2007 crisis level and SOARING higher. That means Fannie Mae and Freddie Mac will continue to exist without a doubt.
AIG Greenberg win is also a big win for FnF shareholders.
So did Australia, Europe, and some country in south America. And they all did this AFTER 2008 financial crisis.
Then what's US government's excuse? Return $222B to them? LOL
Because although Obama and his administration can control few key players in FHFA, treasury, or Goldman Sac but he cannot bribe the whole US government.
The housing market is back to pre-crisis level and soaring higher. At this moment, there is NO WAY any bill will pass to shut down or wipe out two of the biggest companies in the world without causing uproar and outcries from all Americans.
Bill Ackman is being patience for this very obvious reason.
Sentiment: Strong Buy
Of course, but me agreeing with you does not change what gov't is doing to the shareholders.
The question is: How powerful can Sweeney be when $222B (FnF's payment so far) is in stake?