$Opendoor Technologies (OPEN.US)$ its still loss making…i do...
$Opendoor Technologies (OPEN.US)$ its still loss making…i dont dare to enter even at 9$..for me if the busness is not making money its v v risky.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
71154832 : safer way sure, but youll miss a good chunk of potential profits. i dont think kaz would dare let this company be unprofitable
Mr_P OP : its challenging to turnaround loss making companies..may take few years..so in short run this price does not make sense
74947895 : Oracle's cash flow is also negative, so why buy here?
74947895 Mr_P OP : It's meaningless for you to come and do trivial things.
Xiaoya Chen : Understand your concern, but every great growth company had a loss-making stage before turning profitable. Amazon, Tesla — same story. $OPEN is investing in building the future of real estate. Those who only wait for profitability may already miss the biggest upside
.
Not financial advice. Investing carries risk — please DYOR.
Xiaoya Chen 71154832 : Exactly
Kaz’s incentive package itself proves he’s fully committed to making $OPEN profitable long-term. Short-term risk, yes， but long-term, the reward could be massive 
Value Hunter : everyone need to move - selling your home fast is an attractive dynamic especially when you inherit the property