$OPEN seismic shift in tone & accountability of management

11 Ogo

- On Friday, I see a change in tone of management on twitter where they focussed on value creation and self-reflection of the business which is nice to see when you invest in a business.

- Previously, OPEN was a trade for me where I made a multibagging return by going long with an average of 0.71 cents and selling out of position by $4.8

- I have re-considered adding OPEN back especially after Carrie Wheeler tweet where I have seen accountability, passion and returning value to investors for the first time in 5 years.

- Therefore, I am willing to give it a try. I would like to see it in actions and not only on tweets. Some steps they can take include:

1. Cancelling reverse stock split as it is not required now.
2. Insider buying at these levels to show trust in their plan of action for the business.

If they do these then this stock can certainly break the $5 wall and try to get to double digits.

11 Ogo

Nota

3. The investors of OPEN deserve Investor day presentation. It doesn't have to be cash intensive like some companies do. Even a virtual presentation + QnA of product roadmap would be a good start. This will allow investors to see what's coming as a product feature in upcoming quarters.

14 Ogo

Nota

Building on the momentum and transparency, blog by CEO for the shareholders:
opendoor.com/articles/our-path-forward

14 Ogo

Nota

If you all missed this crucial line:

"We see a clear future path to attaching additional revenue via agents, expanding into adjacent seller services to provide a more seamless move, and generating incremental income via areas such as mortgages, home insurance, home warranty, and other moving services"

They are and should double down on capital light additional stream which could generate additional sources of income.

14 Ogo

Nota

Quite happy to see:
We are committed to ongoing, transparent communications. This blog is just one in a series of posts designed to address questions and provide deeper insights into where we’re going. Our next post will cover our AI roadmap and product innovation that will drive the future of Opendoor.

My point #3 will be taken care of by this effort of management.

14 Ogo

Nota

- I hope they cancel reverse stock split #1 as it is not required now and it is bad for shareholders and will lead to loss in confidence.

- Lastly, I would like to see management team buying shares as that will instill confidence in the shareholders #2

14 Ogo

Nota

- Macro (interest rates) which was big headwind for OPEN will be a huge tailwind starting next year May 2026 ( or even before that if Trump finds a way to boot jerome powell) as interest rates will drop sooner or later.

- Diversification of business for revenue generation will make business less cyclic and less prone to downturns.

- Jerome Powell's current term as Fed Chair ends in mid-May 2026 and next Fed chair would be pro-trump and trump wants lower rates!

- Increased and unseen Accountability by the management recently.

- It's kind of like a goldilocks scenario and super bullish for
OPEN

15 Ogo

Nota

- OPEN CEO Carrie Wheeler steps down. What a good news for OPEN company and good morning to OPEN board of directors.
- This is massively bullish for the company as they could bring in who has history of doing turn arounds or has better grip on how to scale a platform.
- Awesome day and news for OPEN investors. It's just getting started!

15 Ogo

Nota

OPEN CEO steps down:
stocktitan.net/news/OPEN/opendoor-announces-ceo-search-in-support-of-next-phase-of-growth-and-2e2416dukav5.html

15 Ogo

Nota

- Golden period has begun! Interest rates would be lot lower than what we have today 1 year from now.
- Business would be stronger because of diversification and additional capital light product initiatives.
- New CEO!

15 Ogo

Nota

- OPEN should ideally reach double digits before end of 2026.( $10+ )

16 Ogo

Nota

- I have no doubts that OPEN bad days are behind us. If OPEN can help customers in facilitating transaction in this frozen real estate market then it's poised for sustained growth.

16 Ogo

Nota

For people who are wondering what would it take for OPEN to 10x from current levels:

These three product features could unlock re-rating of OPEN:
- Accept BTC/Etherium as mode of payment
- Provide fractional buying of real estate. This is for people, investors who don't want to own property for living but to park cash in areas where they might not live or own a fraction of expensive luxury property. OPEN can acquire Stake which is already doing it in Dubai or copy their feature and implement it in US. getstake.com/
- They already have AI/ML talent, if they could automate some of the manual work/paper work using generative AI then that would lead to improved operational excellence and cost saving.

16 Ogo

Nota

- Shrisha is the interim CEO, He has been CTO & CPO of the company who pushed for utilizing platform capability. Previously, He worked for INTU and helped the company to scale it's platform for millions of users.

- He seems to humble, sharp and open to ideas. Excited to see he has more control over the decision making at $OPEN.

18 Ogo

Nota

- Fractional Real Estate or Tokenized real estate could be great. It will serve as an additional financial instrument for wealth building!

19 Ogo

Nota

Took some profits on $4.24 pre-market on August 19, 2025 as my position is up 100% as I went long around $1.91

21 Ogo

Nota

- I'm still long this name! Fundamentals + Macro are aligning for this stock.
- Retail is not dumb money anymore. Any company which doesn't embrace the power of retail investors will bite the dust.
- I've seen it in HOOD , SOFI and $PLTR. Back then, these retail favourites had their own flaws but the community was strong and now see where they are.
- Investors are not only talking about OPEN but bringing in ideas, opening up discussions in the industry which will unlock creativity, new partnerships etc

22 Ogo

Nota

- Dovish powell :)
- OPEN investors have all the right reasons to celebrate. 🎉

22 Ogo

Nota

- Next milestone for OPEN is to capture $5
- It will be a significant milestone as OPEN would no longer be a penny stock
- Many funds have trading restriction that prevents them from investing on a stock under $5 therefore OPEN must capture $5 to continue its bullish trajectory of double digits!

22 Ogo

Nota

- Post by CEO: x.com/shrisha/status/1958565803911192799?s=46
- They are doubling down on AI to improve operational efficiency. CEO has prior experience in squeezing benefits out of platform network effects.

22 Ogo

Nota

OPEN closed above $5 on Aug 23, 2025

23 Ogo

Nota

Revisiting, fib levels:

- Target Point 1 (Fib level 0.236) : $1.52
- Target Point 2 (Fib level 0.382) : $2.20
- Target Point 3 (Fib level 0.5) : $2.72
- Target Point 4 (Fib level 0.618) : $3.25
- Target Point 5 (Fib level 0.786) : $3.99
- Target Point 6 (Fib level 1) : $4.94
- Extension Target Point (Fib 1.618) : $7.68

23 Ogo

Nota

Next target step fib 1.618 -> $7.68

23 Ogo

Nota

- What I'm looking next is rally to continue ripping with momentum then retest $5 and make it as a support and then continues its journey to go to double digit!

- Moving averages are curling up, only 100 SMA is remaining to cross 200 SMA

23 Ogo

Nota

- Breakouts are happening with a strong volume and pull backs with low volume. This is exactly you want to see as OPEN bull.
- Bulls are in control of OPEN

5 hari lalu

Nota

Next target step fib 1.618 -> $7.68

5 hari lalu

Dagangan ditutup: hentian tercapai

closing @ 5.68

5 hari lalu

Nota

Taking profits and moving to TDOC

5 hari lalu

Nota

- I'm expecting some kind of offering to raise cash for the business which might be good for the long term but bearish in the short term. On top of that, for the business to turn around it will take time so we can do in and out of the stock.

- On top of that I am not liking the way some people on twitter are doing gimmick. it feels like pump and dump if they overdo that thing