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Monday, June 15, 2020 9:01:52 PM
5 yrs ago, F/F were at $2.50/share
Here we are 5 yrs later at $2/share, but....
FHFA/Treasury committed to ending conservatorship
Advisors for each entity have been hired (and they are big names)
Net Worth Sweep has been changed for now but we all know it will be ended soon as necessary for companies to exit conservatorship
Rulings from Supreme Court coming soon but
Companies will be getting relisted to NYSE
SPSA will be altered to foster getting new investors into F/F capital raising efforts.
If you don't believe JP Morgan, Morgan Stanley will advise and start dissiminating what the true value of F/F are, before getting relisted to NYSE, you are extremely naive. The pieces of this stock going up before this occurs is being put together. Regardless of what Commons Cxld says (and I have agreed with many of his previous assessments), these stocks will at or near $5 before they apply for NYSE listing which means before year end.
Every mutual fund, pension fund, many hedge funds, foreign investors will HAVE to own F/F because they are going to be a part of the SP500 and probably the DJIA.....there will be huge demand for both of these stocks and the valuation they are at now doesn't reflect any of these upcoming events.
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