$Opendoor Technologies (OPEN.US)$ this looks like a great co...
$Opendoor Technologies (OPEN.US)$ this looks like a great company to invest in…![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Noahisreal : Should I invest now
Sam Bankman OP Noahisreal : yes![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
10baggerbamm Sam Bankman OP : oh easy... your giving investment advice... you will wind up in maomao jail...
Sam Bankman OP 10baggerbamm : ah my bad, my sarcasm wasnt clear lol
10baggerbamm Sam Bankman OP : I know exactly what you meant... but what will happen is you'll get blocked from posting and then they'll permit you to post but you'll have a disclaimer at the bottom of every one of your posts.. ask me how I know...
71567892 : What is the reason for your sarcasm towards a stock? Is it due to significant losses?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Hwang Wei Lin 10baggerbamm : its soo... weird, after all being said both of you are still here. Jfyi 6.94 today is not over yet.
10baggerbamm Hwang Wei Lin : but you were the one of many people they kept trying to tell me what this company is not and you heard it from the CEO today his own mouth they're not a software company they buy and sell houses that's their business model and it is set up for failure and I outlined in great detail every reason why their present model will not work
Hwang Wei Lin 10baggerbamm : 1.) Xiaoya explained clearly what is the nature of this company is and what do. i was like you, like this guy, George Noble arguing and thinking as it like others property companies too adding to that how much this company makes, it just like making profit just being a middleman right? Yes they are a middleman, a property agent, an AI company, Coin base company , (you can named it) and focusing on property. So they are neither here and there. But one good thing is they are evolving along the way from start when this new management came in. i guess i no need to explain it, you go back and check. (2) why this company did not register with the realtor or Zillow? It is too lengthy to explain, i give you example, "Why i have to get married and tide-up myself with all the rules and responsibility to be a husband, if i able to f f others women i like or I can sleep with different women every night if i want to?" Do you able to picture what i means here?
The 3rd question i answer later.
10baggerbamm Hwang Wei Lin : this is a real estate company that's all they do the CEO said it today I gave you the link they're not a software company they're real estate because I've said it before if interest rates go to 7% on the 30-year fixed rate explain to me what software they are selling and it's crickets from everybody because there is nothing to sell they are no more of a software company and AI company then Walmart is and Walmart is a retailer.
furthermore you have a CEO that doesn't believe in a business plan he shoots from the hip he wings it he gives it the good old college try those are his words today listen to the interview.
there are no barriers to entry in real estate every person that buys a house takes business away from this company every person that sells a house takes business away from this company and their goal is to take 10% of every real estate listing and have it on their website so that they can match a seller to a buyer and then provide the financing that's their goal you're talking 10 years look how long Zillow has been in business and you think this guy's just going to waltz in and put a few t-shirts on some football players with Open door logo on it and everybody's going to come running and list their house get a fucking clue man
View more comments...