$OPEN asymmetric risk/reward

7 Mei

- Market cap is super low and rate cuts could fuel a multi bagging opportunity
- Risk of going bankrupt is not a concern for at least 2 years.
- Good R/R for a swing.

17 Mei

Nota

With rate cuts, it's CVNA 2.0 in the making. OPEN book value at this point is more than the market cap.

P/S 0.11
Book/sh 0.89
P/B 0.88
Cash/sh 0.95
P/C 0.82
EPS this Y 35.84%

Efficient market lol

19 Mei

Nota

- Has introduced agent led listing which is hybrid strategy along with cash offers program which will be capital light way of taking the cut as a middleman for providing leads.

- For Sellers, who want to prioritize liquidity and ease of getting cash offers asap. They can use IBuying to get rid of their property.

- For Sellers, who want to penny pinch on their listing can list it via agent route in this OPEN will take a cut for referring leads.

21 Mei

Nota

- Based on 13 F filings, lot of institutional investors are accumulating $OPEN.
- Summer is seasonally best time for housing.

21 Mei

Nota

- Add on dips, It should at least be above $2.5-3 based on asset it has.
- Management is trying to diversify the business model from just Ibuying which should re-rate the stock higher if they just execute.

26 Mei

Nota

- OPEN chart looks similar to CLOV where it got revived from being dead company now to hope stage.
- Market is neglecting the fact that OPEN is planning to move to asset light model for ex allowing agents to list.

28 Mei

Nota

Based on fibonacci retracement:

Target Points:

0.236 -> 1.67
0.382 -> 2.30
0.5 -> 2.81
0.618 -> 3.32
0.786 -> 4.05
1 -> 4.97
1.68 -> 7.64

kelmarin

Nota

- 2026 should be good for housing market. Interest rates would be lower either way recession or no recession.

- Jerome term is coming to an end on May 2026. Next fed chair would be pro-trump and will lower interest rates.

kelmarin

Nota

This is likely a $3+ stock before 2026 without reverse stock split basis

kelmarin

Nota

OPEN chart is almost similar to CLOV