There's no such thing as rebound in OTCBB stock, YOU have been dumped. Wait for another year or two before you can ever see a gain!
1) Lawsuit pending to have Govt release FnF from conservatorship.
2) Private group wants to buy FnF's business for $50B.
3) FnF has together paid off the loan from Gov't
4) Housing price rose to near 2007 high, and most likely here to stay.
5) Stock price rising to meet requirement to go back to NYSE from OTCBB.
6) FnF is too big. It is unlikely gov't will be able to "wind-down" overnight, so at this moment it is a "safe" investment.
7) FnF is not at fault of mortgage collapses (Elizabeth Warren).
8) FnF's business model is actually working that in this year Europe starts copying US.
Most importantly, Fannie and Freddie is MAKING MONEY, A LOTS OF THEM.
Suddenly, everyone wants a piece of the pie.
The fact is FnF almost repaid all of the money borrowed from the Govt.
Private group Investors, lawsuit, shareholder, and THIRD AMENDMENT (mentioned in the lawsuit) will prevent Gov't from keeping FnF in conservatorship and use it as cash cow.
Everyone wants a piece of the this HUGE pie.
So they can make $52B investment year and a half, then it's ALL profit. Where do I chip in???
Tomorow's FnF action is gonna be interesting.
See how many lawsuits and private group wants a piece of this pie too? FnF repaid $186B in just 5 years. The housing price is almost back at 2007 level and are here to stay.
Money is what drives the market.
Money is the key that Gov't CAN NOT just take over FnF.
Money is why FnF, aka. BIGGEST CASH COW in Wall Street, will not go down without fighting.
Stock will shoot up BEFORE news is out to at least $7. The question is whether FnF will be release by Gov't or be forced to close by law makers.
The risk is too great. It is the only reason you are able to buy this company with $1B revenue at less than $3 ($3B market cap).
To gamble or not to gamble.
If the road is so clear for FnF then both stock would be already at teens.
What you said is all politic, and stock being a gamble? Nothing new.