"The company doesn't look anything like it did a year ago." Opendoor CEO Kaz Nejatian on rebuilding the company and attracting top tech talent.
๐ฅ: @AnnBerry_NYC
Mic drop. ๐ค
Kelly McCrimmon on why the Golden Knights are viewed as the NHL's most hated team:
"It's jealousy, and people are uncomfortable admitting we've done a hell of a job." #ForgedInGold#VegasBorn
I think Opendoor could be a $500 stock in the next 5-7 years.
OPEN trades at $4.28 today. Wall Street targets are $2-$20. The architectural-intersection case nobody is pricing: the three-layer tokenization build Kaz Nejatian walked me through at OPEN's Toronto offices, the British Columbia leasehold proof-of-concept that already works at provincial scale, and the four prerequisites โ asset-class control, pricing-data depth, vertical integration, operator-class with crypto-native architecture experience โ that converge in exactly one publicly-traded operator.
This is the applied case study for the framework piece I published earlier today on tokenization as the fourth capital-markets infrastructure transition.
The math: at conservative probability calibrations, the asymmetric expected value of the position at $4.28 is 25-35x return from current price, against bounded downside at -100%. Same structural pattern as Carvana from single-digits to $487 (~140x), Shopify from $20 IPO to $1,700+ (~85x), Tesla from single-digits to $400 (~200x), NVIDIA from single-digits to $150 (~30x) โ what stocks capturing architectural transitions in their industries actually look like.
Why I Think OPEN Could Be A $500 Stock [Long OPEN]
https://t.co/i5XbQmukXo
OMG. Stop and I've followed hockey since the early 70's since the Broad Street Bullies, Canadians, Islanders, Edmonton etc. Lived 10 minutes from Nassau Coliseum with the Isles glory years of 5 straight finals and 4 straight cups. Plopped down a deposit back in the beginning of the Knights when the were seeing if Vegas was viable as a team. Comments like yours are assinine.