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Tuesday, June 14, 2022 7:53:34 AM
https://seekingalpha.com/article/4499179-gses-march-toward-cicada-exit
By 2025 it’s quite possible they’ll be out of conservatorship .. lots of opportunity between now and then for this to recover and then some.. additionally you have the trial in October folks have been posting today fnf tend to rally ahead of those..
near term imo she’ll likely bounce up a little today… with an on coming recession though she could break .50 briefly not too far down the road causing a dead cat bounce. My thought is simple they’re running outta time to use the warrants and will need to begin bringing value back… they’ll do this imo with lots of press of the upcoming release… I think it was navy that just posted last week or so a job posting and in its description was a focus on the gse leaving conservatorship…
Just my opinion…
Retired
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