Long

$OPEN asymmetric risk/reward

- Market cap is super low and rate cuts could fuel a multi bagging opportunity
- Risk of going bankrupt is not a concern for at least 2 years.
- Good R/R for a swing.

Note

With rate cuts, it's 2.0 in the making. book value at this point is more than the market cap.

P/S 0.11
Book/sh 0.89
P/B 0.88
Cash/sh 0.95
P/C 0.82
EPS this Y 35.84%

Efficient market lol

Note

- Has introduced agent led listing which is hybrid strategy along with cash offers program which will be capital light way of taking the cut as a middleman for providing leads.

- For Sellers, who want to prioritize liquidity and ease of getting cash offers asap. They can use IBuying to get rid of their property.

- For Sellers, who want to penny pinch on their listing can list it via agent route in this will take a cut for referring leads.

Note

- Based on 13 F filings, lot of institutional investors are accumulating $OPEN.
- Summer is seasonally best time for housing.

Note

- Add on dips, It should at least be above $2.5-3 based on asset it has.
- Management is trying to diversify the business model from just Ibuying which should re-rate the stock higher if they just execute.

Note

- chart looks similar to where it got revived from being dead company now to hope stage.
- Market is neglecting the fact that is planning to move to asset light model for ex allowing agents to list.

Note

Based on fibonacci retracement:

Target Points:

0.236 -> 1.67
0.382 -> 2.30
0.5 -> 2.81
0.618 -> 3.32
0.786 -> 4.05
1 -> 4.97
1.68 -> 7.64

Note

- 2026 should be good for housing market. Interest rates would be lower either way recession or no recession.

- Jerome term is coming to an end on May 2026. Next fed chair would be pro-trump and will lower interest rates.

Note

This is likely a $3+ stock before 2026 without reverse stock split basis

Note

chart is almost similar to

Note

- Fed might cut rates as early as july. There's growing dissent in the Fed committee and some fed officials are speaking the tone what Trump wants i.e lower interest rates to better position themselves for the FED chair.

- Summer is always a good month for RE seasonality wise.

- This should be a $5+ before December, 2026

bigbull037

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