News Focus
News Focus
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fb22term

10/30/13 7:13 PM

#142347 RE: Chief Slapaho #142327

DrMerlot1, if you would like some direction about FNMA future price I would suggest buy all you can at this screaming sale price. The setup is for FNMA to move up to the next level in wave 3 with a high of about $3.65-$4.50(T/A guessing). FNMA is presenting an excellent buying opportunity if you have not bought yet. All the best.
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obiterdictum

10/30/13 7:30 PM

#142360 RE: Chief Slapaho #142327

The most significant news for the GSE stock is upcoming news on net zero, lawsuit news dealing with restoring shareholder rights and/or compensation and vacating the Third Amendment, GSE release from the conservatorship and continuation as shareholder companies with attending reform legislation, regulation followed by the US treasury sale or GSE buy back of the senior preferred stock and auction or sale of the warrants for 79.9% of the common GSE stock.

This type of news would signal significant price increases followed by institutional investors who would purchase millions of shares and hold long term. This would result in the reduction of the float, increase share demand and price per share and pave the way for dividend distribution since the companies would then have a certain, non-speculative future in the housing finance industry. The fundamentals point to this possible future for the long term investor. All other news is insignificant for the long term investor and for stable, consistent, upward trending pricing.

For the retail intraday, short term (swing, flippers) and herd traders, hedge fund managers, prop shop, traders, and MMs, non-significant daily news having no lasting contribution in establishing future company certainties may or may not signal or may or may not be used to signal daily price direction change, momentum, and trend depending on what volume and pricing is seen by the MMs in their order books over time and how much the MMs can exploit the visible spread and the inexperienced retail trader.