Both Bill n Bruce wont sell otherwise we would see press release of case withdrawn, these guys are in for multi year n have eyes on making billions. Rule of law hasn't changed by pps going down. They have enough evidence already but wanna go deeper so nothing remains uncovered. This is once in 45 yrs of Fnma history kinda opportunity, they not gonna miss something this big. Massive accounting fraud needs solid proof and we will see on Jan 21st If 30M shares out of 1.1B wanna bail out its fine I am not worried.
s low volume ,I'm loading all I can buy at this low PPS,look more like a shake out the tree .IMO,GO FnF P/S: Ackman and Berko use this kind of shake out before the big run ,in my experience!!,JIMO
Sell shares and jeopardize their case...at this point they probably have a very significant expense on attorney fees...and then to risk the opportunity to cover their expense by selling shares? How does that make any sense? I don't think his shareholders will want to hear THAT news of how he mismanaged/misjudged his lawsuit...