As a realist, have posted many times that any court was not the solution. Only hope for us "Bagholders," is for Treasury/FHFA or Congress to release and recap.
The Bhatti case reminds me of the DE case where "Judge" attorney Steele was going to argue an easy victory. A lot of false hope generated by a few that did shareholders no good.
It will take time, but the GSEs will be released eventually and as a Bagholder, I will hold until the biter end.
Good luck to my fellow realists and Bagholders - only a loss on paper for now.