$Opendoor Technologies (OPEN.US)$ Do not pretend to understa...
Do not pretend to understand what you do not, using simple numbers to mislead. Every day, some people post things they do not truly understand. Such self-aggrandizing behavior is detestable. If the situation were really so optimistic, stock prices would not be declining day after day. To be honest, this level of performance is not good. It does not justify a stock price of 8 yuan. Do not forget that the total share capital has increased by at least 40%, while earnings growth has fallen far short. Moreover, with Christmas approaching, whether or not expectations will be met remains uncertain. While we must remain confident, we should not make unfounded statements. Do not pretend to know what you do not.
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Dasw06 : then u also stop pretending you know everything … if u really so good, u wont have time to post here.. get a life
Jamesjinlin OP : Initially, with 697 million shares, even at 10 yuan per share, the total was only 7 billion yuan. After the recent additional issuance and factoring in the company’s increase of over 24 million shares plus equity incentives, the total number of shares has now approached 1.1 billion. Even at 7 yuan per share, this exceeds the previous market capitalization. Market capitalization is what determines a company's value, not the stock price. Regardless of how promising the future may be, if total sales and profits do not rise, the market cap cannot increase. This is the fundamental reason why institutions believe the stock price is too high. The share base has been diluted, performance has not improved, and the only outcome can be a drop in the stock price.
Jamesjinlin OP Dasw06 : I am just an amateur posting casually. If you accuse me of pretending, it means you know the truth. Why don’t you share your analysis article and let me learn something? Enlighten me, master.
Jamesjinlin OP : I would first like to state that I have held the underlying stock at a cost of 3.7 for three months. This post is not intended to reflect a bearish view.
Albert88 Jamesjinlin OP : A very good price, mine is at 8.
King of Red ocean Jamesjinlin OP : They are taking long positions and definitely conducting in-depth analysis. When they short, they reverse their narrative, attempting to guide stock prices through public opinion. It's best to ignore such tactics.
Scarlet Samurai 赤武 : A decline can be healthier. Didn’t the cost basis for the institutional placement earlier sit at 6.56?