@mikealfred is probably down couple of millions at this time but not sure if he’s sent one post complaining about price or management. Learn from the best and STFU about price fluctuations on daily basis.
You can’t tolerate volatility, trade ETF or savings account at bank.
🚨 BREAKING: OPENDOOR $OPEN INTRODUCES HOMEOWNERSHIP WITH JUST 2% DOWN AND NO MORTGAGE
A new homeownership model in the U.S. promises buyers the ability to move in as owners without a traditional mortgage.
Payments remain fixed for 5 years, with property taxes, insurance, HOA fees, and major repairs included.
Do you understand what this means?
Important note regarding Grok @Bot:
Going forward, @SpaceX will use the best back end model for any given task, including Claude Opus 5.5, MidJourney, Suno and other leading APIs.
Whatever is most likely to give you the best outcome.
@JeffBiesinger Thank you! Idiots continue to perceive what they want to hear instead of facts
Common sense isn’t common for the left or “republicans against trump”
@Al_Per_Stocks@nejatian@Jakemnm27 Seems like you officially took the L cause you sold.
Only waited 8 months and you panicked. Weak hands, weak spirit. Like @mikealfred says stick to ETFs
@Jakemnm27 We literally release the data every single week. There is no company that releases more data, more frequently than we do. We are literally number 1 among public companies on this.
@nejatian@Jakemnm27 Sorry Kaz everytime you open this app you see people crying to you wanting an explanation. There’s a small group that’s not worried and understand it takes time! You’re doing great, ignore the noise
@Jakemnm27@nejatian Stop fkn crying!!! I’m getting tired of seeing these pussies whine every single day. Kaz this Kaz that. Sell! You ain’t built for this $OPEN
$OPEN JUST DROPPED ONE OF ITS STRONGEST OPERATING UPDATES YET. 🔥
This isn’t one bullish metric.
EVERYTHING moved in the right direction.
Acquisition Contracts: 477
→ +34% WoW
→ Previous week implied: ~356
→ Previous year: 126
That’s roughly +279% YoY — 3.8X last year’s level.
And then comes resale execution.
Q3 Resale COEs finished at 2,728 vs. 2,653 last year.
But the acceleration into quarter-end is what really caught my attention:
Sep. 19: 2,314 COEs
Sep. 30: 2,728 COEs
That’s 414 additional closings in just 11 days.
→ 37.6 closings/day
Compare that with the Q3 pace through Sep. 19:
→ 28.6 closings/day
That’s roughly a 32% acceleration in daily closing velocity into the end of the quarter.
And remember: Opendoor explicitly warns that closing recordings can be delayed, meaning transactions recorded after a period closes are reflected when recorded.
Then there’s arguably the most important quality signal:
RELATIVE CLEARANCE: 1.27x
Opendoor is now clearing homes 27% better than the MLS.
This matters.
They’re not just acquiring more homes.
They’re acquiring at dramatically higher volume while simultaneously moving inventory faster than the underlying market.
477 contracts.
+34% WoW.
~+279% YoY.
2,728 Q3 resale COEs.
~32% acceleration in closing pace into quarter-end.
1.27x relative clearance.
Acquisition velocity ↑
Resale velocity ↑
Market-relative performance ↑
This is exactly the operating flywheel bulls have been waiting to see.
$OPEN isn’t showing one isolated improvement anymore.
The entire machine is starting to accelerate. 🚀
Data: Opendoor Accountable