All JPS sold? And what if, in the second Fairholmes trial, the jury finds in favor of the shareholders? In that case, the JPS would be paid an average of about $2 in damages. I.e. anyone who buys JPS now below $2 (like FNMAT or FMCKJ) would practically get them for free, assuming the jury rules in the shareholders' favor. For me, this is a reason to hold the JPS.
I've sold off my JPS position to practically nothing. I don't expect any movement for years to come.
I also have somewhat of a bearish sentiment. I am gearing up for one last good trade. I increased my holdings 100% accumulating at the lows from the tax sell off. My next trade, I am selling 75% of my entire holdings and will hold the remaining for the rest of the lawsuits. I am banking on an uptick from these lows and after the trade will only hold half of what I had during the lamberth trial by jury.
I am going the distance with fnf. I will hold shares until the end game which now looks like 2028. I am committed by time....go figure