Starving for yield, many might buy, actually. I agree that logically, it wouldn’t make sense to invest in any new GSE offerings until the lawsuits are settled. But, I worry that with the all the illogical investing being done out there these days, there actually could be a large demand for new GSE offerings, even without all the lawsuits being settled. If the gvt wants to simply get the warrants off its hands and collect some money for them, it might just rush to market even without any resolution to the lawsuits.
Hopefully my worry is unfounded.
But just witness the hype machine / media. It can generate enough hype to push any ticker up if it wants to. I mean, just the algos alone buying GSE shares would push price up, as they read and interpret all the “super positive” headlines the idiotic and complicit media would generate. Algos wouldn’t know the details of all the various lawsuits, for example.
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