What, exactly, is your logic for this statement....back up &/or news...? We can all throw out guesses, but need some logical info to back up, or why post?!?
There's no "meat" in your opinion. The point IS: to accumulate as much shares before FNF is justified and leave everyone else kicking themselves in the head.
The middle class buys their first home with 30yr mortgage which no other banks can keep. The US economy grows fastest in the housing industry. The working class taxpayers can only afford the rates that only FNF can provide.
what's your point? I can say this "could" do many of things. It doesn't change anything! This could hit $4 tomorrow, this could hit $3 tomorrow. Who cares!!!!
I disagree. The simple fact that Major Hedge funds have positions starting at about $2.50 and $3.50 would lead me to believe that they would never let retail load up under $1.00 in my opinion. They would most likely add to their positions before it got there. We should be so lucky to added tens of thousands of shares under a buck.
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