$Opendoor Technologies (OPEN.US)$ It was mentioned long ago ...
$Opendoor Technologies (OPEN.US)$ It was mentioned long ago that the stock is currently controlled by market makers, so any news essentially serves as a financial benefit to them. The price will not exceed the first tranche exercise price of 9 yuan until there is a genuine improvement in the company's fundamentals. Investors are concerned that if the company does not perform well, Kaz might withdraw his funds after unlocking the first milestone. Therefore, without a clear path to profitability, the stock cannot rise. Conversely, if Kaz’s strategy proves effective, he will naturally have the confidence to pursue larger and better opportunities, and institutional investors would also be willing to unlock the first milestone. However, the positive impact of interest rate cuts on the real estate sector is undeniable. After all, each cut can unleash an additional 5% of purchasing power. In other words, someone who originally took out a loan for a property worth 1 million yuan could now borrow up to 1.05 million yuan. This is an irrefutable fact. Whether or not the stock rises is one thing, but properties will certainly sell better.
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phongy45 : too many insiders trading ??
终极鲨人王 : I strongly agree. We should start reducing positions when issuing warrants.
two pointer : I believe Kaz can successfully promote Open. At present, the quantitative control of the market is not necessarily a bad thing; it’s just that short-term speculators are finding it a bit hard to hold back.
Hwang Wei Lin phongy45 : Come on, where was you, we discussed this before and didn't we. There is good and bad of it. insider trader.