AVERAGE TOAST

#Risingdynasty

[AVERAGE TOAST @WallSt_Watcher]

🍞🔥 Welcome to AVERAGE TOAST.
Who I am: Average trader. Real positions in $SRXH $OPEN $TSLA $NVDA. I love the market and I love memes.
What you’ll get from this page:
📰 Breaking market news as it drops
🍞 Bears getting absolutely toasted
📈 Real watchlists & real positions
🔥 Memes that hit harder than CNBC
What you WON’T get:
❌ Pump and dumps
❌ Fake gurus selling courses
❌ Boring corporate finance speak
Just a guy. With toast. And takes. 🥂
If that’s your vibe — welcome to the Toast Army 🍞🔥

[AVERAGE TOAST @WallSt_Watcher]

@NoahKingJr Time

[AVERAGE TOAST @WallSt_Watcher]

🚀🚀🚀🚀🚀

[Kaz Nejatian @nejatian]

In what way are we losing ground? we publish our key number every single week and we are up ~5X YoY and above all our targets. There is no reasonable definition of "losing ground" that could possibly apply to us.

My job is to work on the company and make it worthy of the mission.

I don't think Tesla "lost ground" on days when it stock price fell. Tesla's stock price was down more than 5% on I think about 200-300 days. It lost more than 10% on a couple of dozen days and more than 20% on one day.

I work on the *actual* value of the company which over time will be reflected on the stock price.

[AVERAGE TOAST @WallSt_Watcher]

$SRXH 🤝 $EMJX this will be the last week to accumulate shares before merger completes 🚀🚀 I’m ready LFG @ericjackson @Anderson_2155 @ArnoldGerv96906 NFA 🇺🇸🇺🇸🇺🇸🇺🇸

[AVERAGE TOAST @WallSt_Watcher]

$OPEN will be a trillion dollar company 🇺🇸🇺🇸🇺🇸🇺🇸

[AVERAGE TOAST @WallSt_Watcher]

@LeopoldATracker $OPEN

[AVERAGE TOAST @WallSt_Watcher]

@StockMKTNewz Generational

[Watcher.Guru @WatcherGuru]

JUST IN: Elon Musk's SpaceX signs $920,000,000 per month deal with Google to provide AI computing power.

[Kalshi @Kalshi]

JUST IN: SpaceX IPO to reportedly draw more orders than shares available

[Elon Musk @elonmusk]

29 more Starlink satellites.

Over 10,000 in orbit now.

[AVERAGE TOAST @WallSt_Watcher]

$SPCX 🇺🇸🇺🇸🇺🇸🇺🇸

[Arnold Gervais @ArnoldGerv96906]

☀️ It’s a GREAT day to be alive! The sun is shining, the birds are singing, and it’s a fantastic day to be an $SRXH investor! 🎉

🎶 EMJX is on the way,
Gen2 is here to stay!
@EricJackson leading the charge,
Building a treasury that’s growing large! 🎶

While others worry, we sit back and smile. The future is being built one step at a time, and that Gen2 treasury is already putting money to work. 💰🚀

Patience pays. Vision wins. The best chapters are still ahead.

$SRXH #EMJX #Gen2 #TreasuryCompany #LongAndStrong $OPEN #RisingDynasty

[Maëlan @maelan_sdmr]

New $OPEN reviews on Trustpilot ✳️

A deluge of reviews in the last 24 hours! The biggest batch of reviews of 2026 so far!

It even raised overall rating from 3.8 to 3.9 🟢

They all seem genuine. Valuable feedback.

Well except maybe for John who looks a lot like a clown.

Overall main issues seem to be:

--> process too slow
--> lack of communication

[Eric Jackson @ericjackson]

Got to spend time today with the new Opendoor OGs - @nejatian and @lucmatheson - at the new Toronto offices. I will write more later but, OPEN Aarmy, your investment is in GOOD HANDS 🙌🏻

[AVERAGE TOAST @WallSt_Watcher]

$SRXH 🤝 $EMJX play of the year is about 2 weeks away LFG @ericjackson 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

[Kaz Nejatian @nejatian]

Just doing the job man. Look. 1) for too long Opendoor has failed to deliver on its core promise and core mission. Therefore, it is reasonable for us to be held to a higher bar than the average company when it comes to "did you do what you said you would do". 2) reason more CEOs don't answer these questions is because most companies are run by bureaucrats whose only incentive is to minimize the risk of anyone being upset at them. These are reasonable questions.

[Kaz Nejatian @nejatian]

@LiebermanAustin Not everything has gone perfectly. Obviously. But I think reasonable people would look at this and be surprised by how quickly things have improved.

[Kaz Nejatian @nejatian]

I think I said the best way to judge the company is across three management objectives. I said that a few weeks after I took over. Those where 1) can we scale acquisitions 2) can we improve unit economics and resale velocity while reducing aged inventory and 3) can we build operating leverage (i.e. make sure our contribution margin could cover our fixed cost by increasing former and holding latter steady).

on 1) 500%ish YoY, and Q1 2026 was the highest acq since 2022 and double Q4 2025.

on 2) % of homes on the market over 120 Days declined from 51%+ when I took over to ~10% last quarter, over the same period the market went the other direction and went from like 20%ish to 33% ish. Contribution Margin has improved every single month since my first day and March was the highest contribution margin in any quarter for some time. October, November, December, and January cohorts are each selling faster than any corresponding cohort since COVID.

on 3) Fixed opex was down both QoQ and YoY. And trailing 12 moth opex as a % of revenue is steady at 1.3% QoQ and since CM is up we are going in the right direction.

Those are the financial numbers, but also if you look at the people who are coming into Opendoor - they are exceptional and I'd put them up against any tech company. If you look at our shipping velocity, it is higher than it is has been in years (possibly ever?). We went from 35% of the market to 95% market in coverage. Our capital light product went from 0 to a third of our volume. etc. etc.

[Lucas Matheson @lucmatheson]

@Opendoor might top the list on speed to change everything (actually). It’s insanely inspiring what this 1 person has done. And it’s only the beginning of Opendoor 2.0.

[AVERAGE TOAST @WallSt_Watcher]

I don’t care what @Opendoor stock price is I’m holding for 30 years so I’m enjoy the ride and let @nejatian cook! See you guys on the other side! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸