I think people's problem is they don't feel you have real skin in the game. $1.5m of open market purchases isn't a whole lot given your net worth. $OPEN gave you $30M in guaranteed make-whole to sign. $15M cash plus $15M in stock, both vesting on time served, not performance. Buying back a nickel of every dollar they gave you isn't conviction imo
@maelan_sdmr@jeffye888@nejatian Well. Look at one of the largest mortgage lenders in the USA. ITS STOCK JUST FELL TO ITS LOWS. What does that mean for open??
@KeithBolognese@rabois@MrNeverSell Rabois still have no idea what GAAP is and still asserts stock comps are fake. Its back to the same price when he said that live on tv.
Congrats to Deirdre on her next chapter
One of my favorite moments from CNBC with Deirdre is her telling Rabois that Opendoor is not profitable on a GAAP basis and that he’s basically full of shit lol
You don’t know how to respond to this because you “forgot” to mention your financial award.
You are an odious, dishonest, empty suit.
You epitomize everything that is wrong with markets.
Your morals are truly reprehensible.
Have you no honor?
Have you no decency?
Shame on you.
You should forgo your pay package.
Your are a lying POS.
You and your pal @rabois.
@JGIL_24@nejatian He only spent 1mio of his 15mio comp to leave shopify. If he really believed he would use the remaining 14mio, which he wont. Now we all know why he doesn't mind sleeping in the office.
$OPEN pays out approximately $100 million in RSUs to its employees every q.
This dilutes your shareholding, dear shareholder, and drives the stock price even lower.
The earliest real profits are expected in 2028.
The sleight of hand with ANI does not correspond to reality.
$OPEN Tripped the Short Sale Restriction (SSR) by falling over 10% today. Doesn't stop short selling, but does add additional risk. E.g. stock can only be shorted on the uptick.
$OPEN
Reverse split incoming at this pace.
The next ER will be in November and it will be again a big disappointment, because they won't be able to beat market expectations.
Sorry to say that, but the market is not trusting this company and his CEO. Big promises, thats all.
$OPEN
No tokenization.
No working mortgage product.
Buying a lot of shit houses at high prices and selling many of them with a loss.
Granting hundreds of millions of RSUs to no value employees.
Issued warrants, which are worthless. $9 as a minimum goal.🤣
Turnaround😂
@jcapitalgrowth The most sobering thought is to look at the industry as a whole. Rocket mortgage dunked 9 percent with poor forward guidance. The entire space isnt looking well
@cubeqube You wrote quite a few paragraphs with zero quantitative thoughts. This will end badly as you have invested emotionally. This is not a hero's journey, just a penny stock.