Dukes Penny Picks

[TheDuke]

Hope everyone loaded up this morning on FNMA looking great technically up 4% on the day and am anticipating atleast a 100+% from this range between now and 12 August.

As I said Friday there was a clear buy signal at the EOD confirming a reversal and the next leg up.

There are many Catalysts in play, the Q2 results are expected around the 8th of August and are expected to be even better than the last quarter that sent this stock over the $5.00 mark.

"IF" the trend holds true and the quarterly financials are as big of a catalyst as the last quarters, then this stock should see $9.50+ and then pull back roughly to around 2.25 and then bounce to around $5.00 or so and then pull back to support in the 2.00 range.

There are also other Positive and Negative catalysts in play such as:

Positive

* Q2 Results
* The release from C-Ship
* Uplisting to the Nasdaq

Negative

*Gov't Decides to dissolve FNMA (Which btw is unlikely)



I have personally bought up a substantial amount of shares on Friday and plan on holding atleast through the Q2 results and will reevaluate as I see necessary depending on whether or not FNMA will continue trading the same pattern.




Duke