I’m so proud of the hard work and heart that @morganb put into this commercial. I was fortunate enough to be privy to all of the steps along the way and to see the final result—well I think it conveys *exactly* why Opendoor should be the first and only choice for anyone selling their home.
Because saying goodbye should be the hardest part.
$OPEN Opendoor - Testing Support - Weekly Chart
Price is right near previous resistance from 2023. Earnings coming up on Thursday.👀
A lot of room to go higher.
The Amazon of Real Estate
→ Housing Market Tailwinds: Lower rates expected to drive higher transaction volumes in 2026.
→Opendoor 2.0 Pivot: AI + agent-led model boosting conversions, margins, and capital efficiency.
→Balance Sheet Cleanup: $1.1B legacy inventory reduction removes overhang.
→New Leadership: Ex-Shopify CEO + founder return accelerating turnaround.
→Operating Leverage: Deep cost cuts position for strong profitability at scale.
$OPEN Opendoor - Higher Lows
Price is hitting in a symmetrical wedge pattern and is currently showing higher lows. $7 to $8 showing resistance/support.
Above $8 would get momentum moving to the next target at $9.42.
Golden Ratio Target = $13.48
@nejatian 🔥🔥 Damn right — Kaz just took the clippers to corporate tradition and gave that old-school Wall Street fade a fresh lineup.
This is how you shave against the grain — no more scripted suits reading numbers like it’s 1995. Real talk. Real shareholders. Real accountability.
He’s not just talking transparency, he’s living it.
That’s leadership with skin in the game — no guard on the truth, no fade on the facts.
👏🏽 Props to Kaz and the Opendoor crew — finally someone treating investors like partners, not spectators.
The game just changed. 💈💪🏽
Exciting to see the enthusiasm around our new take on earnings. Want to share some thoughts around what led us to make these changes.
The earnings call hasn’t changed in 30+ years.
Dial-in codes. Scripts. No voice for the people who actually own the company.
That’s outdated. We’re doing it differently.
You can ask a celebrity a question on Instagram.
You can message a founder on X.
But if you’re a shareholder, you still can’t ask a CEO a question about the company you own a stake in.
That makes no sense.
Transparency shouldn’t stop at the product.
If we’re building tools to make buying and selling a home simpler and more open, we should show up the same way for our shareholders.
This is what that looks like.
Traditional earnings calls were built for Wall Street.
We’re building for everyone who believes in what we’re building.
Real questions from real shareholders.
Straight answers from us.
No gatekeepers. No corporate theater. Just a real conversation with the people who’ve bet on our success.
That’s what earnings should look like now.
We’ll share what we learn along the way.
Others can use the playbook and make it their own.
This isn’t a PR experiment. It’s how public companies should operate.
Open. Simple. Better.
We’re building the future of real estate. Why would we use an archaic communication tool from 1995 to talk about it? First real estate tech company to stream earnings live on the @RobinhoodApp. Innovation extends to everything we do, including transparency. See you there. $OPEN $HOOD
@urbnsteezus Most traders just HODL and wait…selling calls..or rather renting shares is that Blue Collar hustle most overlook! I respect your hustle bro!
@darryllhamilton@urbnsteezus Waiting for Nov exp on my $Open position. Strike $9. If I’m up 80-90 I’ll buy back and roll out further. Just depends on where $Open is trading…
If you are an MLE in Seattle or Toronto and want to help @Opendoor tilt the world in favor of homeowners and people who are working hard to become homeowners, please DM me. My DMs are open.
$OPEN Opendoor - After Hours Update, Retest of Support Successful
Price Target: $9.00, $11.00
Intraday pricing showed Opendoor successfully retested the $7.00 area and moved higher.
Price targets remain the same at $9.00 at the 50% retracement level and $11.00 for a full retrace of the move down.
I want to share the story behind why I joined Opendoor
(It might be a little long. I'm not media trained, so this will be straight from the dome and I'm just going to hit send at the end)
The last 4 years I was basically retired. I started a small fund and was having a great time investing. I live a pretty modest life so I never really planned to work again. Over the years so many companies reached out. I met with the execs of large public companies, celebrities and athletes that were starting software companies, and so on. Some I really considered, but always ended up say no. It wasn't about the money, they offered insane amounts but I just liked my simple life. I'd drop my kid at school, bike to the studio space I share with a bunch of my friends, spend the day reading, investing, coding, grab a coffee, and head home.
I've always been fascinated by asymmetric risks. Usually I do it from the sidelines like any other retail investor. I've also seen how often consensus is flat out wrong. I was at Shopify as a lowly PM when this short seller report came out in 2017 calling the business a pyramid scheme. It was crazy to reconcile what I was seeing in front my eyes, a company operating at maximum excellence, hypergrowth, etc and everyone else repeating whatever they heard. Turns out they were wrong.
I saw this a few times over. Before Shopify, while I was building my first startup, everyone thought we were idiots. These were credible people with serious sounding job titles at hot tech companies. We ended up getting acquired by HubSpot. Turns out they were wrong.
When Carvana got decimated, and even today, people love the narrative that it's a fraud. Turns out it's a great business that people just don't understand. I was deeply invested in the business and knew the business was turning around while at the same time the media was publishing fear. Turns out they were wrong.
After Robinhood got decimated, same thing, people were unable to consider that the business can change and evolve. I posted an experiment and my P&L on twitter and people DMed me calling me an idiot, over indexed, going to 0, and so on. Not just the anon accounts but real people I know and respect. Turns out they were all wrong.
I guess I'm not just fascinated by asymmetric risk but I'm addicted to situations where I think everyone else is wrong. At Opendoor, it's incredible man, I get to actually do the work, not just watch from the sidelines. I get to work with people that are at the top of their craft and fully committed to the mission.
So, when the opportunity came up. It was an instant decision. I "un-retired" and am all-in on the biggest bet of my life. We'll see how it works out but you already know where I placed my chips.
At the end of the day, none of this shit matters. We just have to ball out, have fun, and pursue excellence. I'm not doing this for the money, I already have more than I can spend in my lifetime. I'm doing this for the love of the game and most importantly, I'm doing this because I think everyone else is wrong.
Gov’t shut down, but Wall Street still wide open. Blue collar lesson: D.C. drama is noise, the market moves on money flow, not politics. Stay focused. 💸⚒️ #BlueCollarTrader