$379,270,000 WORTH OF SHORTS HAS BEEN LIQUIDATED IN THE PAST 24 HOURS.BEARS ARE F*CKED. https://t.co/EA92L4WxHK ...

Core Viewpoint - Open Door has experienced a significant price increase of over 60% in a single session, attributed to a shift in its business model and market dynamics [1][6]. Company Overview - Open Door was traditionally an iBuyer of homes, utilizing debt and equity to purchase and resell properties [3][4]. - The company is transitioning from an asset-heavy iBuyer model to a more asset-light, agent-driven model, similar to Redfin [5][6]. - The hiring of a new CEO and the return of co-founders to the board have contributed to renewed investor interest [7][10]. Market Dynamics - Open Door's stock has gained approximately 500% year-to-date, reflecting its meme stock status and high short interest, which has led to a short squeeze [6][9]. - The company is exploring opportunities in the rental market, potentially competing with platforms like Airbnb and VBO [8][10]. Financial Performance - Sales are expected to decline next year as the company pivots away from its core iBuying strategy [9][10]. - Open Door's market capitalization was around $4.3 billion as of the previous day, with losses of approximately $300 million last year [11]. - The company currently holds $800 million in cash, reducing its need for debt as it shifts its business model [11][15]. Future Considerations - The transition away from a high-inventory model may improve the company's financial health over time [15][16]. - There is speculation about potential equity issuance, although the company is currently well-capitalized [17].

RT onelastfool (@onelastfool)$USELESS last 7 days:-Bottomed at 0.1525 after retails capitulated their useless to smart money and whale-As said many times if EVERY dip is well absorbed you are watching strenght not just momentary hype-Leg up started, +66% in 72hrs from the lows-Retested crucial 0.20-0.21 support, holded and went higher-Bitvavo listing today, now waiting @binance spot, @HyperliquidX and @RobinhoodApp-Now sitting at 260m with still loads of retail sidelined, smart money that absorb every singl ...

Traders speculating on MYX Finance's native token (MYX) were in for a rude awakening this week, with more than $40 million being liquidated over the past 24 hours as the shadowy project continued its surge from $0.10 to $16 over the past 60 days. Crypto analyst Skew wrote on X that MYX "traded pretty normally between $2 & $4" but things began to get questionable during a targeted short squeeze that sent the token from $4 to $8. "Clearly in the aftermath of that move some liquidity provider or market make ...

RT Anglio (@CryptoAnglio)deviation on $USELESS send it higher nowSo many short to liquidate https://t.co/ZjY85gdXZ1 ...

RT onelastfool (@onelastfool)$USELESS continues to lead almost every single meme volume wise.0.15-0.16 is an entry a LOT of big players were waiting and will/did bid within this range.The high level of hate with fundamentals getting stronger is even better for the next leg up.Whales continues to scoop “discounted for a very limited time” $useless coin and retails continue to panic because it seems they never saw a correction.EVERYONE was begging for an entry just few weeks ago when it was trading 2x higher, ...

$ETH SHORT SQUEEZE IS HAPPENING SOON! https://t.co/QpoXFMo2aU ...

BITCOIN SHORT SQUEEZE ? 👀IF BTC PUMPS $5,000 FROM HERE,IT COULD LIQUIDATE $6.88 BILLIONIN SHORT POSITIONS . https://t.co/sOlxv65VCe ...

Market Trends - ETH (以太坊) 可能出现 Short Squeeze (轧空) 现象 [1]

Core Viewpoint - Opendoor has experienced a significant stock price increase of over 700% since July, with potential for further growth driven by various catalysts [1][12] Group 1: Stock Performance and Predictions - Hedge fund manager Eric Jackson initiated a bullish outlook on Opendoor, believing its status as the last major iBuyer provides a competitive edge and that there is substantial potential to utilize transaction data for AI tools in real estate [2] - Jackson predicts Opendoor could achieve a price target of $82, implying a potential 100x increase from its previous trading price of $0.82 [3] Group 2: Interest Rates Impact - Lower interest rates are identified as a key catalyst for Opendoor's growth, potentially revitalizing a stagnant real estate market and making it easier for homeowners to move [5][6] - The company finances its operations through borrowing, and reduced interest rates would lower costs associated with holding homes on its balance sheet [6] Group 3: Leadership Changes - The resignation of CEO Carrie Wheeler has raised questions about future leadership, with the appointment of interim CEO Shrisha Radhakrishna and ongoing search for a permanent leader [5][7] - A visionary leader aligned with Jackson's data-focused strategy could significantly enhance investor confidence and stock performance [7] Group 4: Market Dynamics and Short Interest - Opendoor has approximately 23% of its float sold short, indicating potential for a short squeeze that could drive the stock price higher if it continues to rise [9] - Historical examples, such as the GameStop short squeeze, illustrate how rising stock prices can create a snowball effect, leading to increased volatility [10] Group 5: Capital Raising Opportunities - As Opendoor's stock price increases, the company may consider raising growth capital, potentially issuing new shares or convertible notes with less dilution than in previous months [11] - Successful capital raises at higher valuations could further enhance investor sentiment and stock price [11]