SOP's coffee house

[altruism]

Market is starting early imo on the up coming hearing and the outcome
http://www.valuewalk.com/2014/02/fannie-mae-freddie-mac-government-will-lose-case-thinks-bove/
I still believe she'll be somewhere around $8 - $12 by June...
As relating to Kodak... I personally wouldn't hold through the verdict (which could be quite a ways off not sure how the Fed court will work this hearing I believe is in June or July) unless they were free shares....

As relating to the overall Real estate MKT... pps is currently unrelated in terms of a new run as it's the court verdict it's hinging on... after verdict yes I would think fnf would move like any other stock in terms of what the outlook will be for profitability and mkt conditions...

on the chart I would like to see a pull back not sure it will... profit takers are pushing it down pre-market, I've noticed when trading stocks above $1 Large traders like hedge funds seem to wait about 15 minutes before they start trading... I assume it's to get better prices and a wait and see approach as to which direction the stock will take...

Watched the L2 for a few minutes yesterday big money was coming in lumps.... 40 thousand shares on the bid one minute 500,000 the next so I don't think it's the small investor here, big boys are starting to grab seats for the show...

I should have bought the $3's the other day...