Opendoor Soaring: 10x? 100x? Would You Bet? 🚀
$Opendoor Technologies Inc(OPEN)$’s rally is no ordinary meme stock move. 📈
After a two-month surge and three straight days of gains, its YTD performance has already hit +280%. And today’s open? Still climbing!
Why is it still running? Short Squeeze ongoing…
With short interest still above 20% and its small-cap profile, a coordinated squeeze by retail or institutions could push the stock higher.
The hype started on Reddit’s WallStBets, where many are calling it “the next $Carvana Co.(CVNA)$ .” Don’t forget—Carvana rocketed 100x in just 30 months. 😮
Some even believe:
“Opendoor is building the way people will trade real estate for the next 10–50 years.”
Some sets PT for $8.
Wall Street is betting BIG that $OPEN is going down.
Meanwhile, Wall Street hedge funds are piling on shorts—Citadel, Jane Street, Wolverine and more loading up on puts. But retail enthusiasm and squeeze potential have turned $OPEN into a high-volatility battleground:
Hedge Funds vs. Retail, Fundamentals vs. Momentum.
So what’s next? Another leg higher, or a meme-stock flameout?
Gamble… or golden chance? 🎲
To learn more about $Opendoor Technologies Inc(OPEN)$’s move, welcome to follow @Barcode. She writes insightful technical analysis on these high volatile stocks just like $OPEN.
Discussion:
Do you think Opendoor could really be the next Carvana?
If it keeps running, what’s your price target?
With this kind of volatility, are you chasing the squeeze or staying on the sidelines?
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Still, I’m cautious. Hedge funds are shorting for a reason—OPEN faces profitability issues, and housing isn’t strong. Momentum can fuel a squeeze, but fundamentals always return. To me, this looks more like a showdown between retail and institutions than a real growth story.
I wouldn’t chase at these levels, but it stays on my watchlist. If momentum holds, $8 is possible. For me though, it’s more of a short-term play than a conviction hold. With volatility this high, risk management decides who wins or loses. 🎲
@Tiger_SG @TigerStars @Tiger_comments
@linkoog @BillyR
With 24% of the float shorted, this was less of a recovery play and more of a genie escape. Once the squeeze began, it was Open Sesame and poof - the hedge funds vanished in a cloud of margin calls!
Retail investors from Reddit saw the chart, whispered abracadabra, and now Opendoor is trading like it has got Zillow's wand and Carvana's magic cape.
Rate cut hopes sprinkled fairy dust on housing stocks. Lower mortgage rates equals more transactions and Opendoor's flying carpet gets a tailwind.
If you are tactical & love a good squeeze, this is your genie moment. But if you are risk adverse, this might just be a popcorn trade, not a portfolio treasure because sometimes, the best magic trick is knowing when not to say Open Sesame.
@Tiger_SG @Tiger_comments @TigerStars @CaptainTiger @TigerClub
Well。。。Opendoor Technologies Inc (OPEN) is riding meme hype with high risk, so staying on the sidelines seems safer than chasing the squeeze。。。
Tag :
@Huat99
@Snowwhite
我对opendoor能否成为下一个carvana并不乐观。模因股票超出了我的风险偏好，所以我宁愿保持观望。无论如何，这种情况真的会发生，我不想冒烧伤手指的风险。 @Kaixiang @Universe宇宙 @Wayneqq @SPOT_ON @SR050321 @HelenJanet @Success88 @DiAngel @LuckyPiggie @Fenger1188 如何加入
如果行情继续发酵，我个人认为短期冲击8至10美元并非不可能，但那更多是情绪和资金推动，而不是基本面支撑的目标价。所以，我不会把这种涨幅当成长期价值逻辑。
至于交易策略，我更偏向谨慎观望。现在的波动看似是机会，其实风险同样巨大。对于早期埋伏的投资者，分批兑现可能更理智；而对于空仓的人，贸然追逐挤压，往往容易高位被套。我的选择是等待市场冷却，观察基本面是否真的改善，再决定是否介入。
對衝基金與散戶，基本面與勢頭。
祝所有骑它的人好运！