UWMC popped in sympathy with RKT and then dropped with RKT as well. It is now sitting at the 50% retracement which is a great buying opportunity. Loading up here.
Bullish Thesis:
Insider Director just bought 60,000 shares on 3/1/2021
P/E ratio of around 5 is extremely low compared to the rest of the market
Earnings coming March 22
It pays a 4% annual dividend. Ex div date is soon - 3/9/2021
Will be added to Russell index soon.
The market is currently rotating out of overvalued tech companies into value companies, and this is the epitome of a DEEP value stock
Bought at $10 with a stop loss at $7.00.
Bullish Thesis:
Insider Director just bought 60,000 shares on 3/1/2021
P/E ratio of around 5 is extremely low compared to the rest of the market
Earnings coming March 22
It pays a 4% annual dividend. Ex div date is soon - 3/9/2021
Will be added to Russell index soon.
The market is currently rotating out of overvalued tech companies into value companies, and this is the epitome of a DEEP value stock
Bought at $10 with a stop loss at $7.00.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.