Opendoor Technologies Inc (NASDAQ:OPEN)
Old Forum Content for OPEN
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- joelsg1: $OPEN Homies down but $OPEN up 10%. More please.
- joelsg1: $OPEN The 3 K,A and Z warrants I've noted hit my account this am, the K ($9 strike) trading at $2.40. Btw I'm heading for the High Sierra today with my laptop which will hinder posting through New Year, Happy Holidays everyone!
- Onthemark: @joelsg1 $OPEN Have a great trip
- woodman: @joelsg1 $OPEN - Safe travels and enjoy your time away.
- Motorman: @joelsg1 $OPEN Have a wonderful Holiday season!
- Geewhiz: @joelsg1 $OPEN Enjoy and be profitable at the same time. Nice going.
- joelsg1: $OPEN Must be a shareholder of record by close today to 'earn' the 3 KAZ warrant dividends per 30-shares held at $9, 13 and 17 with 1 year expiry on each. If I were short I would want to cover before then, as I posted, but suppose if I had short conviction that the stock doesn't hit any of those strikes, I wouldn't. Haven't sold any shares or closed any itm calls but intend to close some by close, though less than I had originally planned.(The market has a way of disrupting plans.) Btw, think it's quite likely they announce a partnership with $HOOD soon, as CEO Vlad Tenev appeared on $OPEN's earnings stream and asked the first question in the Q&A. Stay tuned.
- Bridgemate: @joelsg1 $OPEN $HOOD hanging on to my shares
- joelsg1: $OPEN Chill, red to green.
- joelsg1: $OPEN Added.
- joelsg1: $OPEN Every dip getting bought, CEO Kaz bought 125k shares at avg. $8.03, and 11/19 ex-divi date looms (see prior posts) encouraging short covering. HOD-L on increasing volume.
- Stelly: @joelsg1 $OPEN I'm in this one too. Appreciate the info with the 11/19 date in mind.
- woodman: @joelsg1 $OPEN - Thanks for the info.
- joelsg1: $OPEN HOD-L. Now above $9, the strike price for the first "K" warrants with 4 more trading days to go. Ironically, the higher this goes above $9, the more (theoretically) it should drop on the ex-divi date 11/19. Cheers!
- traderbren: @joelsg1 $OPEN - thanks for the update. Holding Calls from below.
- joelsg1: @traderbren $OPEN Me too, way below, and I'll dump at least some on 11/18.
- joelsg1: @joelsg1 $OPEN If there's any doubt some of these analyst firms are in bed with shorts, Citi today reiterated its Sell though doubled price target to $1.40. LOL
- traderbren: @joelsg1 $OPEN - not surprising. Remember Henry Blodget on $AMZN back in the day - pumping the stock externally and dogging it internally. These Penguin Houses are all the same.
- joelsg1: @traderbren $OPEN $AMZN Turning the old adage around, there's only 1 reason such House would reiterate its Sell on a rising stock. (They want you to sell)
- joelsg1: @joelsg1 $OPEN Actually, Grok says I'm wrong and that per the 10-K the post divi stock price adjustment is limited to 30 cents. Not sure how they do or enforce that but, if true, maybe not that much of a drop on 11/19.
- joelsg1: $OPEN HOD-L. As I posted , a no-brainer to buy below the $6.56 private placement and now a buck higher on volume as shorts scramble to cover before 11/18 divi warrants.
- champ: $OPEN ...$7.75, HOD, I'm holding a large position....because my guess is, they will be lower Interest rates again. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ .........Watch for Entry..........
- traderbren: @champ $OPEN - The Jan 16th - 7/11 call spread at 1.00 look appealing.
- champ: @traderbren $OPEN ...Yes I agree, however I'm holding a stock position and I added already this morning. LOL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
- joelsg1: @traderbren $OPEN I don't like that spread, unless you're buying in extreme volume, and even then. At a $1 cost, you're risking over 13% of the current stock price for a 2 month rental, and the short strike which reduces the long strike premium is under a buck. I wish you good luck and hope you make money with that spread, but IMO you're better off just buying the stock, which is what I did. Also, and not to pile on, why the Jan. expiry? The most immediate catalyst for many shorts to cover is 11/18, as I explained in prior posts. After that big one, I suppose the next one would be next E 2/26 and the next currently written option which covers that is May.
- joelsg1: $OPEN Above $8, up 76% from Friday's low. $GS reportedly took a 5.1% stake. Let's Ride.
- joelsg1: $OPEN I brought this to the Forum at $1.22 and added along the way without selling any shares but feel responsibility to tell you I'm considering a trim of now deep itm call options next week. Why? Because of the warrants dividend I've posted about w ...
- billyzeke: @joelsg1 $OPEN Thanks for the info!
- joelsg1: $OPEN Added below $5.
- joelsg1: @joelsg1 $OPEN Really interesting E call /update by the new mgmt yesterday. They're issuing warrants/dividends to shareholders 11/18 for each 30 shares held at laddered exercise prices from $9-$17 tradeable immediately or held, designed to whip the shorts, like a perpetual free to shareholders option to share in upside.
- joelsg1: $OPEN CEO last night announced a cutting edge playbook for stressing the shorts with a 26% short pos., granting essentially a warrant dividend to stockholders as of 11/18 record date. To receive the warrant divi you must be the holder of record of ...
- billyzeke: Quite the turn around from about noon eastern I added to the few positions I had held onto and started over fresh with some others. Added to $NVDA $BITX $CIFR and $IREN. Started $OPEN early this morning then later $HOOD and $AVGO Traded some $NVDL and $APP -I was lucky to get out near the top on APP, it moves so wild that when I get a nice profit on it I'll take it and never look back until the next day. lol Overall a nice day after a rough week and hopefully we'll get some upside follow through next week, have a great weekend everyone!
- joelsg1: $OPEN Dropped 25% post E and then bounced to even. Co. issued 180.58M shares in private placement at $6.56 priced before open today to accredited investors, used proceeds to retire 2030 notes issued by former mgmt in May with $1.57 convert, a stupid, desperate issuance which formed the bedrock of the shorts' thesis and was retired today. Kind of a no-brainer to add below the private placement price, which I did.
- billyzeke: @joelsg1 $OPEN I took Mike's advice and grabbed some early this morning.
- joelsg1: @woodman $CIFR $IREN Thanks for listening so I feel I'm not wasting my time here. E don't matter that much with these 2, $OPEN too on Thurs., it's just an opportunity to update the business which moves the stock. Cantor ups $IREN to $142.
- woodman: @joelsg1 $CIFR $IREN $OPEN - $142, wow! It's a loss for anyone who is not paying attention to your posts, IMO. (Shrug.)
- joelsg1: @woodman $CIFR $IREN $OPEN Thanks, but I also use this Forum as a record of realtime thoughts and action to consult later, including of course your posts.
- woodman: @joelsg1 $CIFR $IREN $OPEN - Me as well. For me, the act of posting is useful in and of itself. At least for me, it makes me it crystalzes and/or challenges my thoughts/ideas. I've started writing out a post on stocks many times only to "talk" myself of hitting the enter button because as I worked through the thought of why I like it, I start to see cracks in my thinking or simply conclude that it's a good idea but not quite ready for prime time. So, I end up talking myself out of it by the time I'm about ready to hit the enter button. That's a worthy exercise in and of itself.
- Bridgemate: @woodman $CIFR $IREN $OPEN Thus, the concept of teaching something is the best way to learn it. And thank you for your posts!!!
- woodman: @Bridgemate $CIFR $IREN $OPEN - :-)
- champ: $OPEN.....someone open the door for a Trade, to see what happens. ~~~~~~~~~~~~~~~~~~~~~~~~~~~
- Lou: @champ $OPEN - I had a prof in college, on the first day of class he walked over to the classroom door and said, "I opened the door, and Income Taxes." Then he walked over to a window, opened it, and said, "I opened the window, and influenza." He was the accounting prof who specialized in Financial Statement Analysis. To this day, I look at corporate financial statements and think of his lessons.
- woodman: $OPEN is hitting the top of its descending channel (from mid September).
- woodman: $OPEN decent move off the 50d up through a few moving averages, but still not through descending resistance/channel. It's a tricky stock and hard to trust.
- champ: $OPEN...another nice U-turn on this swing also....
- woodman: $OPEN (np) sandwiched between the 50SMA and 8dEMA (all under the 21dEMA). The 8d has been resistance since 10/8.
- woodman: $BETR $OPEN - BETR moving. Open moved back to is rising 50d, keep watch.
- SStellish: $OPEN bouncing off low from 9/23. Also seems to be flagging from on or after 9/11. Watching rebound and volume.
- woodman: @SStellish $OPEN - Beware - it's another lower high and lower low so far today. Also, 8dEMA is serving as resistance until it isn't. Seems destined to test the 50d. Not a prediction, but that's what my gut is telling me.
- SStellish: @woodman $OPEN Appreciate that. Especially considering how volatile this one is. Good to note
- woodman: @SStellish $OPEN - I hear you. I got wrapped around the axel a bit on this one previously. I had to walk away from it. $BETR working the same way now, fwiw.
- ZMan2: @woodman $OPEN got in at $7 tthis morning.
- woodman: @ZMan2 $OPEN - My money is working much better elsewhere. Until it can close at least somewhat decisively above the 8dEMA with better than average volume, it's a pass for me.
- woodman: $OPEN fail at 21dEMA. Np.
- Lou: @joelsg1 $OPEN $SHOP $DBX - Don't care what the CEO said, ain't gonna happen. $OPEN insiders and pumpers can dream, but the reality is that people want to sell homes, some even desperately so, so as much as all of us disparage Realtors, they're a formidable opponent and can play on owners' fears to get listings and sell their homes.
- joelsg1: @Lou $OPEN $SHOP $DBX They actually work with realtors, it's not an either-or proposition, but aim to platform the entire home buying/selling experience, from listing through sale including financing, title, advances to purchase replacement home and other innovations. In and started posting at $2.70 so 3x and counting.
- joelsg1: $OPEN Holding up better than most . CEO announced some new hires aimed at aggressive disruption of the home buying market, including a new COO folowing from $SHOP and a new growth officer from $DBX. They'll have more to say on E call 11/6. Long.
- bizmodal: $OPEN can I ask if this is a good place to add for a separate entry?
- phgruver: @bizmodal $OPEN Of course you can ask. :-) The short answer is "no." The reason is because yesterday was a down day, on normal volume. Further, the stock is near the top of a trading channel, which adds additional headwinds. That said, this is one to watch. If it pulls back to around $7.50, then look for a positive move, on higher volume, to take a new position or add. RHRN, it's not about to blast off into outer space....
- bob212: @scottrades $SPY $QQQ $IWM $GLD $SMH $XHB $XLF $IBIT $ETHA $NVDA $AAPL $CCJ $CRWD $HIMS $FN $APH $SE $GE $STUB $OPEN
- joelsg1: $OPEN Red to Green.
- scottrades: My notes: $SPY Still in Trend. $QQQ Still in Trend. $IWM On the 8 EMA. $GLD Extended. $SMH Still in trend. $XHB Breaking down. $XLF Basing. $IBIT Rest Day. $ETHA Downside reversal. $NVDA Watch 191.10 $AAPL Short base $CCJ Watch 89 $CRWD Watch 503.30 $HIMS watch 59.40 $FN Support at the 21 EMA $APH Watch 126 $SE Back above the MAs $GE Watch 306.90 $STUB Bottom Fish (thanks Vito!) $OPEN Watch 9.70
- ReneeH: @scottrades $SPY $QQQ $IWM $GLD $SMH $XHB $XLF $IBIT $ETHA $NVDA $AAPL $CCJ $CRWD $HIMS $FN $APH $SE $GE $STUB $OPEN stellar notes thank you always!
- Mpower27: $OPEN @woodman. Are you still messing around with this one?
- woodman: @Mpower27 $OPEN - No position.
- lance1161: $OPEN Running...
- JaytheStudent: $Open when to the bathroom to comback to see it’s up over $1 in 5 minutes. Any news on this!
- traderbren: @JaytheStudent $Open - that's what happens when you sit on the throne! You make moolah! ;)
- joelsg1: @JaytheStudent $Open Announced they would accept crypto payments. Shorts covering.
- cgendro1: @traderbren $Open 😂😂😂
- woodman: @joelsg1 $Open - I was watching like a hawk today. I got back in at $8.48 before the lift off, but simply by happenstance. Total luck. But I didn't buy nearly enough because I didn't want to get burned. Then I got on a call and saw all this. Just added at 9.20.
- joelsg1: @woodman $Open Let's Ride. Think we'll hear more disruptive innovations into a disruptive E call 11/6.
- JaytheStudent: @joelsg1 $Open oooooo thank you!
- lance1161: $OPEN Took profits on my calls on the pop.
- lance1161: $OPEN Small spike up. A close over 8 & 21 day would work. Stock and Nov. 21, 9 calls.
- Mpower27: @woodman $PL must of been all the attention on $open getting in the way.
- woodman: @Mpower27 $PL $open Ha! I just hate chasing, and PL has been moving up the 5dEMA every day. So strong.
- joelsg1: $OPEN Today is the first day for holders of May'25 convertible bonds to forego a 7% coupon and convert to stock potentially diluting current shareholders, yet stock is up. And co-founder Eric Wu purchased 300k shares at avg. price $6.65. Volume lighter than usual, though still 56M, perhaps indicating not many shorts covering. Long at least into next E 11/6 when new mgmt. speaks.
- woodman: $OPEN moving above 8dEMA off 21dEMA (again), but this has been a finger-grinder of late as it tries to figure out what it wants to do and has been under selling pressure whenever it seems like it wants to move higher. I saw this last night, fwiw. https://x.com/gnoble79/status/1973163997311778984
- joelsg1: @woodman $OPEN Apparently that poster is a well known bear on the stock, doesn't mean he's wrong on facts but maybe on effect. So long as the stock keeps advancing, bondholders can simply sit back, collect the 7% interest (first payment next month) and treat the convert as a 'free' call option. Confusing the shorts for sure who may have to admit defeat and cover if their thesis continues to be proven wrong.
- Bridgemate: @woodman $OPEN share dilution not having an obvious negative effect so far. :)
- woodman: @Bridgemate $OPEN - Looking at the chart, this (21dEMA) is a decent place to step in or back in (in my case). Admittedly, my fingertips are a little chopped up, I presume because my position size was too big and made me uncomfortable. Nonetheless, I'm looking at it yet again.
- woodman: $OPEN trying to bounce off the 21dEMA. It needs to hold that.
- joelsg1: @woodman $OPEN New CEO said they would launch new buyers' product tomorrow in TX, his first directive to employees was to default to AI, so that's likely the first of many.
- woodman: $OPEN fell through the 8dEMA last week, but seems to have found support at the 21dEMA, which was secondary support back in August. It needs to hold that area. Long.
- woodman: $OPEN - is hanging in there right at the 8dEMA, inside of yesterday. Low volume day of rest.
- traderbren: $OPEN - back to getting a bid this morning... Long from below
- woodman: @traderbren $OPEN - OPEN looked very good yesterday and, even with this morning's market malaise, it still looks good. As posted, I've been adding, and I added again today.
- Bridgemate: @woodman $OPEN and I am with you!
- woodman: $OPEN - I *think* I'm finished adding to this one. I have it in multiple accounts now.
- Mpower27: @woodman $OPEN I’m rather surprised to see that as of 9-15 the short interest is up at 26%. Shorts have no fear with this meme stock. Not like this hasn’t been seen before…
- champ: $OPEN...$8.75 was Back-in Entry for me, looks like the swingers are mostly finished taking some of their profits off. ...Getting the second daily #U-turn on the 5-minute chart, this should or might hold.. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
- woodman: @Mpower27 $OPEN - The chart is my guide. I sold a bunch in the high $9s to low $10s and bought back mostly in the mid-high $7s into the low $8s this week with some more today around this level. So, I'm ready for the shorts' shorts to burn. Hopefully it won't be the shorts I'm wearing.
- woodman: @Mpower27 $OPEN - selling any of my $OPEN went against the grain for me in a market where everything is going up, but that massive move up on 9/11 gave me pause, so I pocketed profits.
- Vcondry: $OPEN new HOD
- joelsg1: @Vcondry $OPEN Going higher, perhaps eclipsing new mgmt. high $10.70. Jane St. stake as I posted powerful support.
- lance1161: @joelsg1 $OPEN Great on my 2nd day trade for this one.
- Bridgemate: $OPEN feeling greedy!
- joelsg1: @lance1161 $OPEN As the $OPEN Army says, Let's Ride.
- woodman: $OPEN - I cautiously added a bit yesterday. I'm looking to add more, but watching for now. Around this 21dEMA area could be where it bounces and moves back up. No guarantees.
| Stock Price | $5.56 |
| Change | 7.34% |
| Volume | 47,173,400 |
OpenTable, Inc., provides solutions that form an online network connecting reservation-taking restaurants & people who dine at those restaurants. Its solutions are Electronic Reservation Book, for restaurant customers and reservation website for diners.
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Past Month
Leading Peers
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$89.55 25.74%
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$5.56 22.27%
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$33.42 20.08%
Past Month
Lagging Peers
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$11.33 -33.57%
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$10.73 -15.10%
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$26.71 -13.60%
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