Investment Thesis for Open Door - EMJ Capital initiated a long position in Open Door at under $1 per share, with a potential target of $82 based on fundamentals [1] - The investor believes Open Door is a legitimate turnaround story, not a meme stock, and sees it as an opportunity similar to Carvana [3][4] - The investor plans to hold the stock, anticipating significant compounding, unless there are fundamental changes in the company's management or strategy [5] Company Performance and Strategy - Open Door is a mobile platform for buying and selling real estate [5] - The company is expected to announce its first EVA (Economic Value Added) positive quarter in approximately three years [10] - The current CEO, Carrie Wheeler, has been focused on cost-cutting to achieve steady-state profitability [13] - The company's business is positioned to benefit from potential interest rate declines, which could lead to increased volumes and profitability [13] Market Dynamics and Trading Activity - The investor takes offense to the meme stock characterization, viewing Open Door as a real business unlike other meme stocks [15][16] - High trading volumes indicate the presence of flippers, but the investor believes the stock is still in the early stages of its potential [19] - The investor suggests that if retail and institutional shareholders focused on buying and holding the stock, it could lead to a significant price surge [20] Other Investment Opportunities - The investor also holds positions in two Bitcoin miners, Iron and Cipher, which are expanding into the AI data center business [23] - Iron and Cipher have significant AI data center capacity (3 gigawatts each) and are expected to benefit from the growing demand for AI infrastructure [24]

Market Dynamics - Meme stock狂潮可能受到华尔街衍生品专业人士所称的gamma squeeze（伽马挤兑）的推动[1]

Market Trends - Krispy Kreme and GoPro shares have surged, joining the meme stock rally [1]

Barclays says that it’s about time to pump the brakes on a meme stock craze that’s driven sharp rallies in companies like Kohl’s and Opendoor https://t.co/WAsQjIOGpH ...

Opendoor Technologies shares surged as much as 24% Tuesday before reversing early gains, as retail investors drove wild swings in the meme stock. https://t.co/rqrJ8xmbQI ...

Kohl’s shares more than doubled Tuesday, minting it as the newest meme stock, amid an influx of mentions by retail traders on social media https://t.co/xrgVMbxFJC ...

Opendoor shares surged Monday as retail traders bid up Wall Street’s newest meme stock sensation. Monitor these vital chart levels. https://t.co/S6ZygDdVkc ...

Group 1 - GameStop (NYSE: GME) is recognized as a prominent "meme stock," but the current bull market has introduced a new set of meme stocks, leaving GME somewhat overlooked [1] - Julian Lin, a financial analyst, focuses on identifying undervalued companies with long-term growth potential, emphasizing strong balance sheets and management teams [1] - The investment group Best Of Breed Growth Stocks, led by Julian, aims to share positions in stocks with a high probability of outperforming the S&P 500, combining growth principles with strict valuation criteria [1]