Both the weekly and the daily charts on FMCC & FNMA have been setting up for a bullish run. This morning may be the start.
Only 30 minutes into the trading day both stocks are experience an increased volume of shares. FMCC is over 6M and FNMA is nearing 12M. Both stocks are trading up this morning.
With the release of their quarterly results upcoming, these next few months look to be an important determinant in the direction the companies will be taking. There has been a new company already registered that is being rumored to be the company that merges FMCC & FNMA, however, it will be up to the terms established in upcoming legislative bills that will determine whether or not this actually happens.
The last 5 minutes of trading:
FMCC traded 1M shares and is up to 11% early Wednesday
FNMA traded nearly 2M shares and is up 10% early Wednesday
FMCC and FNMA are the best investments on the OTC, and IMO wont be on the OTC to much longer
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