For the last year this stock has been rising steadily, a big jump followed by consolidation. The next jump is about to begin coming into year end reporting in August.
A few facts
1. The company continues to buy their own stock at 40c
2. NTA (mainly cash) is 54c last accts
3. NTA at year end by my cal will be at least 74c in August
4. The business just collects the difference between what they pay and what they charge on $10b worth of mortgages
5. The mortagages are insured so they have no risk!
This stock is heading for $1 by the end of the year imo
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