Very nice chart. Those are definitely some resistances to overcome. $5 will be one too as you probably know. Dietrich Coffee went from .03 to over $30 in a week... When the first words are officially spoken aloud that FNMA FMCC are to be restored, the super computers will snap like a rat trap and lock out all those on the sidelines. I speculate dollars, multiple dollars...could be a $30 to $35 pop in five minutes or gap if news comes before market opens.
50 50 chance on news AH's...IMO...l bet it is during normal trading and announcement comes during an unrelated public meeting in order to down play the news...
I believe all sides will look good in the end, no one will go to prison. After all, FNMA FMCC have been around for so long and really did nothing wrong...they will guarantee the continuance of the 30 year mortgage.
After they are restored, I will continue to hold as uplisting will provide another perhaps substantial boost in the pps. PPS will eventually stabilize and establish a solid upward trend.
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