There have been lawsuits by private investors earlier. Now the smart money is also suing. It's about time.
If it can gap up tomorrow and open above the 20 DMA resistance, we could have a nice ride.
Run may come later - But IF/WHEN that does - We all know what it means - KABOOM.
Potential 200 billion in lawsuits with the banks too. They are the ones who sold the bad loans and hid them in FnF balance sheet. 2 banks have already paid. More will pay. N the future. All of these are positive catalysts.
For now - I am one happy camper. I have a swing position in FMCC. And powder to add on the run OR momos here and there.
On the run however, if/when t hat happens, I will only swing trade.