Bought some today too - right now everyone and algos are selling $OPEN due to yields.
So basically its the same story as 2022...except the company is radically different - that's where the alpha is
Been a big $AMD bull and still the company will become a trillion dollar + one. But today I sold the entire position and bought $SPCX. Found too many reasons to own SpaceX and the only reason to own $AMD was current profitability. I bought AMD at an avg price of $150. I'm happy
Surprised people don't understand this with $HIMS - just the data alone will be worth its current market cap. Health is where the majority of value will accrue...
Now this is how you increase deal flow $OPEN. This is no joke - @nejatian is serious about scaling. What have we learned in the last month:
1. Positive Unit Economics are here independent of the macro with holding times and marketing costs collapsing.
2. Raised capital to buy
This is wild for $OPEN and an extremely bullish signal. If you're not sure what this means...he basically took on debt with 0% interest to do two things:
1. Buy MORE houses - because he's THAT confident that the positive unit economics have locked in. You don't take on debt to
