Francis
1.2K posts
SO FRICKEN TIRED AFTER HOLDING FOR OVER A YEAR
Nelson Ellingham@Nbusiness1990
$open getting a beat down this morning
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@Baba_Yaga_1969 Don’t want to average up here
21k @ 2.94
I have $5k worth of 5$ 8/14 calls
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@Davo0820 @outlierrcapital Is their mortgage product a near term thing?
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I’m kind of replying to the other comment too. Open has reported 2 QTRs under the new CEO. What they’ve done using AI is to stop buying any home and become selective of buying only good homes that they can resell. This is helping their contribution margins and their housing turns. They’re doing this in probably the toughest macro environment in the last 35 years in housing. Their mortgage product is going to be .75 cheaper than everyone else. This will accelerate turns for housing sales. The faster a home sells the higher the contribution margin because they’re not having to pay for upkeep, taxes, insurance, etc. When they have all these different layers, added in by 2027. They’ll be adding contribution margins in the 8 to 10% range if not higher.
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$OPEN is the one company I am short that may actually go to 0
Eli Tisdale@Mr_Tisdale_
As an $OPEN shareholder, I’m selling my Opendoor stock after experiencing firsthand how badly this company operates. My original closing date was June 26. Days before closing, Opendoor pulled out because its AI system supposedly flagged a structural issue, even though its inspection report stated no structural or foundation issues. The home was newly renovated They later pushed me to sign again while using tax records that understated the house by nearly 1,000 square feet. I spent a week getting the county records corrected, yet Opendoor still refused to adjust the offer to reflect the home’s actual size or value. Their original cash estimate was $740,000, (house appraised at $845,000) with comps in the neighborhood between $845k & $1.1m Was pushed to re-sign and promised that the upfront cash offer would be revised once they receive the correct corrected county record and so I signed in good faith and they didn’t follow through. Most they would agree to was 518,000 cash now which wouldn’t even cover the mortgage/ personal loans that I had. After repeated promises that closing was moving forward, title called with yet another reason they could not proceed, based on information I had already told Opendoor was inaccurate. Once again, the commitments made to me were not honored. This is not merely a technology problem. It is a leadership, communication, and accountability problem. A company cannot repeatedly disrupt people’s finances, ignore contradictory information in its own reports, and expect customers or shareholders to maintain confidence. I’ve spoken to dozens of people in the same exact situation. After this experience, I no longer believe in the business model or its execution. I’m selling my $OPEN shares. @nejatian
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@TH3B1GT33 Haha i used to ask myself that
Now I think about whether a return to $10 is a pipe dream
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@Franc1sSc0ttKey The only question I have for myself is do I sell 50% at $82, $139, or $500? Decisions
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@pappygist @nejatian Sold covered calls, have shares locked up 4 more weeks or I’d dump them all
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$OPEN is literally being bracketed at $3.90. The second the bracket disappears it can go straight back to $4.50.
Sell your shares if you want to, but I’ve been doing this 5 years now.
Watch the latest @nejatian interview. If you still feel like selling, please do.
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38,500 shares/calls for $OPEN and it still doesn’t feel like enough. 😅
We’re sitting on a solid floor and the sky isn’t even the limit.
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@MrAlwaysRugged Drop bombs -> rip from $3.45 to $4.15 -> wait another quarter to get back to $5+
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Either we keep crashing or we bounce hard. Everyone getting rinsed right now, but that’s to be expected right before earnings. I have full faith $OPEN is about to drop some bombs in just days. 🤘🏻🤘🏻
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I bought the dip and then the next dip then the next dip and then am broke ,good buy life savings
Nexus@GMN_watch
$OPEN is in good hands. Great opportunity for shareholders to see how @nejatian handles the macro headwinds.
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@BioJJCap @Flaed1958 Hardest part is watching everything else rip while this stays tied up for 24-48 more months to see $10
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@Flaed1958 Hold is the hardest part… stay strong, Kaz and Crew are executing. Valuation will follow
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@Flaed1958 They want to exhaust retail so they could buy up your shares. Don’t fall for it!!!
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@Nbusiness1990 @Flaed1958 Me too man, July 2025
Refuse to add anymore
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@GMN_watch @nejatian I’m long here but man tough to watch gains erode and every dip buy erode
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@globalnewscheck @ericjackson He does sit back and watch the stock price sink tho
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@ericjackson You can learn a few things from him. He replies to all investors. He always has answers doesn’t talk in riddles. Doesn’t sit back and watch the stock price sink. Like you
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Kaz has nothing to apologize for. He’s doing all the rights things. They will come to light in time.
Kaz Nejatian@nejatian
@MidClss666666 @theopendoorguy My family has only ever bought. Never sold. Zero plans to sell.
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@Davo0820 I bought the dip at $4.78 and $4.60 and $4.31. All out of dip money
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At this point I don’t even gaf if anyone sees it, if anything I hope they don’t do it says cheap longer as everything else catches up $OPEN
Nelson Ellingham@Nbusiness1990
One of the biggest misconceptions about $OPEN: People see Opendoor buy a house for $400k and sell it for $400k and assume they made $0. That's not how the business works. Example: 🏠 Buy: $400,000 💰 Seller service fee: +$20,000 🔨 Repair credits/pricing adjustments: +$8,000 📝 Title & escrow: +$2,000 🏡 Sell: $400,000 Even with no appreciation, the transaction can still generate meaningful economic value before holding costs and corporate expenses. And that's just today's business. Kaz has been clear that Opendoor's future is becoming the Amazon of housing, adding: 🏦 Mortgages 🛡️ Insurance ☀️ Solar 🏠 Home equity products (HELOCs) 🤖 AI-powered services Every additional service increases revenue per customer without needing to buy or sell more homes. That's why I focus on Contribution Margin and platform expansion - not just whether a home sold above or below its purchase price. The home sale is becoming the starting point, not the entire business. 🚀 $OPEN Please share and follow :)
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BOOM 💥
$OPEN consiguió 635 contratos de adquisiciones la semana pasada 🟢
6x más que el año pasado 🔥
Solo es cuestión de tiempo.
Opendoor es inevitable.
Nos vemos en el Q2 ✅
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