$MFA Powell are said that the fed "will not run out of ammunition" when it comes to lending. The fed will do absolutely anything it takes to make sure the housing market is saved. This might not make it all the way back up to $8 really soon, it will eventually though. But this is ABSOLUTELY a solid buy right now. I wish I would have caught this before today but wasn't really looking into this sector lately. I personally think getting back up above $5 is pretty much a guarantee within a month.
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