A fantastic post from another board - courtesy of
Post# of 1629
Posted On: 04/04/2013 9:04:23 PM
A fantastic post from another board - courtesy of Bodach
This is the most important part of the 10-K, imo:
This is why I believe there will be slow accumulation up until may 10th when the next earnings have to be released. Though, I believe it will come either on Tuesday or Thursday that week (May 7th or May 9th).
Right now, I think larger investors are accumulating on down notes here and there. Slowly, this will cause pressure toward that dollar point. After the dollar point, various limitations on certain institutions are met... then some real buying can begin.
The current stabilization of FNMA is helping. Today was very healthy. I didn't expect today to be green because of (I know some people hate it) the technicals, and MACD. But if you're following that chart, you realize that today's outcome was actually very very good, considering what those same technicals were hinting.
That said, this is the OTC; and there are lest stringent rules than the big boards. Games can be played during this lull period.
The huge buying pressure could start at any moment; and out of nowhere. I believe it's coming, and before that week of May. I think we'll be fairly sideways until a couple more criteria are met. Could happen tomorrow, could happen next week. Could happen two weeks from now. There is no telling.
During the process leading to that moment, the weak hands will give their shares to stronger hands. This is already happening. And hence today was actually really a very good day.
I was expecting mid .70s today, honestly. The fact that it's not there tells me that the sells are being slowly accumulated. That is to say, not accumulated at a rate that will show itself in big blocks. And algorithmic way. As to not move the price much from any downward trend.
This day tells me we are in good shape. No one likes a red day. But you have to understand how bad it could have been today. That part is over, imo.
We're through the rough.
The government cannot hold us hostage forever (5th amendment) if we're profitable and fully paid back. The lawsuits on the banks are very telling. A shift of blame for the new plan. I think unwinding is out of the picture now. Political face saving is in order. In the end, we are freed. This picture will become more and more apparent to the mainstream public as each day passes.
Again, all my own speculation. Don't buy or sell or trade based on what my novice guesses are.
T
This is the most important part of the 10-K, imo:
This is why I believe there will be slow accumulation up until may 10th when the next earnings have to be released. Though, I believe it will come either on Tuesday or Thursday that week (May 7th or May 9th).
Right now, I think larger investors are accumulating on down notes here and there. Slowly, this will cause pressure toward that dollar point. After the dollar point, various limitations on certain institutions are met... then some real buying can begin.
The current stabilization of FNMA is helping. Today was very healthy. I didn't expect today to be green because of (I know some people hate it) the technicals, and MACD. But if you're following that chart, you realize that today's outcome was actually very very good, considering what those same technicals were hinting.
That said, this is the OTC; and there are lest stringent rules than the big boards. Games can be played during this lull period.
The huge buying pressure could start at any moment; and out of nowhere. I believe it's coming, and before that week of May. I think we'll be fairly sideways until a couple more criteria are met. Could happen tomorrow, could happen next week. Could happen two weeks from now. There is no telling.
During the process leading to that moment, the weak hands will give their shares to stronger hands. This is already happening. And hence today was actually really a very good day.
I was expecting mid .70s today, honestly. The fact that it's not there tells me that the sells are being slowly accumulated. That is to say, not accumulated at a rate that will show itself in big blocks. And algorithmic way. As to not move the price much from any downward trend.
This day tells me we are in good shape. No one likes a red day. But you have to understand how bad it could have been today. That part is over, imo.
We're through the rough.
The government cannot hold us hostage forever (5th amendment) if we're profitable and fully paid back. The lawsuits on the banks are very telling. A shift of blame for the new plan. I think unwinding is out of the picture now. Political face saving is in order. In the end, we are freed. This picture will become more and more apparent to the mainstream public as each day passes.
Again, all my own speculation. Don't buy or sell or trade based on what my novice guesses are.
T
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