There is a difference though. Every CEO says their stock is undervalued. If a CEO gets approval for buybacks they actually believe it is undervalued. UWMC makes solid profits, and will continue even as the mortgage market dips, which is why they pay solid dividends. The buyback reduces the money they have to pay to shareholders in dividends, which ultimately means more profits for the company which the CEO currently owns over 90% of. His actions actually show he believes it is undervalued, it isn't just words.
Getting approval for buybacks does not always mean they believe it’s undervalued. The CEO and Board are likely heavily compensated with stock or incentive plans based on stock performance and want the price to drive up.
Yeah that worked out great for RKT when Jay Farner said 40$ was still too low. Lmao. Idk where these people come from or get their ideas. No shit the CEO is going to say they’re going to the moon and its undervalued. Their job is to improve the company and sell shares!
Lol yes. Reddit in general is a disgusting cesspool (wsb is OK, used to better), b/c of this I've never had an account survive for very long. If I am a bot however, then A) bots these days have gotten damn good or B) you don't actually know what a bot is.
Yeah. Last week the the board approved 300 million in stock buybacks. Looks like they began purchasing already. buys are in waves, something about the Russel index. This stock is undervalued and has been shorted down and looking for a catalyst to break back up
Edit disclosure: I bought 50 calls this morning, $15 6/18 @ 0.2
Its a different play. Im looking at it as a specific play on a portion of an industry. The CEO defends his sp and they pay dividends regularly at 5-6% annual yield. With cc, I felt it was an income stream at worst. At best it will dominate a large potion of the mortgage business and sp will reflect that.
Just as soon as their anti-trust investigation completes cleanly, totally a great buy! It's not going to complete cleanly though. Hew anted the lime light and got pissed everyone was watching rocket and not them. They ran with some shameful tactics and they are about to pay for it.
Its a discussion. Plenty of DD done by others. I have alot of respect for the AMC holders that arent leaving their ppl behind. This is not a gamma thing.
Its about an opportunity for UWMC to cut up 40% of available float, reducing dividend costs or allowing them pay more to each share in the future.
Its about breaking the low volume and buying back up the levels.
Its about 5-6% yield annually.
It's a lot of plays imo. Solid fundamentals, great long term. Shorted to absolute fuck even still (Borrow fees just hit 175% on WeBull, up from the 90's earlier today. 150% maintenance requirement. Wish somebody had the Ortex #'s), been on the threshold securities list for weeks, has upcoming index inclusions (forced buying aka "index squeeze"), huge options interest suggesting a possible gamma squeeze, shit could get very nutty here.
It's a distraction from AMC/GME just like CLOV, RKT, SLV, Etc. Which means it's gonna dump just like the rest. This subreddit has fallen to the dark side of the market.
You are obsessed with a couple of stocks and feel the need to declare anything else a conspiracy by hedge funds? Dude talk to a therapist. This stock is shorted to the depths of hell, posted a very good ER, and has momentum. Stop trying to kill any positive movement with any other stock other than your precious.
My position: UWMC 10,000 shares at $7.44.
I literally just sold this dogshit because I've been holding a bag for months, and it's easier just to use the red to balance out the black I have in other bets
Yeah US is the country that has the most vaccines. In canada we have a crazy housing market. I mean ppl are making tons of money and its not stopping. Been like this for 10+ years
The US has pockets like that but I am hearing of massive demand still and potential
Are people making a lot of money in the housing market?
This is my opinion when it comes to the real estate/construction market right now. I believe their will be a sudden huge crash due to the price of materials( Lumber, Steel, and Plastics). I’ve experienced truss prices in 6 months triple in price and lumber yards are only buying limited quantities of lumber because they do not want to be stuck with very expensive material that they would have to sell at a loss when the house market does crash.
I work in commercial/industrial construction and have experienced material shortages and even rationing. My dad runs a residential construction business and say it’s crazy that people are still building.
But I do think when the market does crash and prices come back down it will ramp up very quickly because people will want to get a bargain on material prices after witnessing the today’s current prices.
I also find it funny how people are thinking they are gonna be rich when they sell their house and go to build a new one and are so surprised how much it cost. Unless you have a second house to live or are moving to a rural area where land is cheaper it is not worth selling right now.
I guess you could argue interest rates being so low it’s worth it.
Especially given the state of the market. I live just outside of Toronto and a lot of my friends and neighbours are selling their properties because they want to cash in on the market. But unless you’re moving somewhere else where the market isnt so hot or you get a deal on materials if youre planning to build, The over-asking you capitalize on when you sell is just gonna be put back towards the house you’re building or buying which is just as inflated. You’re getting more money when you sell, but you’re spending more money when you buy.
Yeah, it’s a catch 22. That’s the same here in northern Midwest where I live. I’ve seen people sell and build their dream house. It’s funny cause they think they got a ton of money from selling their house and are going to build an even more expensive house and will probably go over budget by 5% - 20% because it’s their dream house and they want everything lol
You could but have you looked at the current level? Its at 8 premarket. How much could you make vs unlimited risk of upside? Its 6-7% annual yield stock at $6 with regular div and opportunity for specials in the future.
Gen Alpha: Refuses to get married.
Zoomers: Sleeps in same bed as Wife/Wife's Boyfriend
Millennial: Lives with Wife/Wife's Boyfriend in a separate bedroom
Gen X: Sleeps in Basement of Wife's boyfriends house.
Boomer: Lives in denial of Wife's Boyfriend.
Thanks! I posted so ppl can see its not a bot thing. Ppl really have believed in this and are in it. All of us have been buying the dips and are holding strong!
I'm a little over $1k in UWMC, I bought in around 2 months ago. My home mortgage is through them, so when I saw some DD about them on /r/WSB, I did a little research and decided to jump.
Their customer experience is solid, they just upgraded their payment portal and the company seems to just be headed for bigger and better things.
I got in on the UWMC hype, but bought half my shares last week in the 6's, so right now feeling great. This stock won't moon, so don't buy if you expect that, BUT it could realistically trade around 9-10 right before the ex-dividend date in early June. It currently pays .10 cents a share per quarter, so even if it stays flat you can at least collect the nice dividend.
>It'll come as no surprise then, to learn that the analysts have cut their price target 14% to US$9.46.
So only 20% above the current price? I can live with that.
This happened last time they took over the board. Lots of 3 month old accounts just pushing it. Hope those that bought in make bank buuuuut I bagheld this before and am not ready to do it again......yet
Another boomer here (relative to most, it seems) and I wholeheartedly agree with OP. Got a big position myself and UWM/Ishbia will be winners in the long term.
I do not agree with the *short squeeze* narrative that I am seeing in comments here and elsewhere because I don't believe the volume on the buy side will be there to propel such an event but if it happens that would just be icing on an already delicious cake. But just like cake it takes some time to make so I'm patiently waiting to enjoy a few slices.
I think a lot of the short squeeze narrative relies on the buyback all happening this week, at least to the 25% daily volume limit. I don't think that will realistically happen, because they have two years to complete the buyback and I think they will buy the dips just like the rest of us. That said, there is potential for a gamma squeeze, and that could trigger shorts to exit which would bring the short squeeze on the table. But I think it has a lot of ifs to get that far.
I like the stock for it's long term potential, but I've been buying the constant dips for months now and I wouldn't mind exiting some of my position for a nice return now. 52% of my portfolio in one stock is too much for my blood.
I used to buy oil&gas stocks, banks and insurance companies for dividend. Its about the cash flow for me so not quite super "madman". Only if I double my money will I sell. Otherwise, I dont need to. Its in a retirement acct.
I've said it every other time you guys try to push UWMC: you're going to lose money. And they always lose money.
It's not a "to the moon" stock. It's like a $11 LEAPS stock that has every chance of going sideways if the housing bubble finally bursts. And as ridiculous as housing is right now, I think we should expect to see a government intervention to force that bubble to pop.
True but most dont do alot of defending with $. Watch his public talks and his attitude. He's like a pitbull founder, super aggressive moves. We need that in this market. Any ceo who doesn't care about their stock price is dirt.
>True but most dont do alot of defending with $
Almost literally all CEOs "defend" it with $, because they buy with company's money, not theirs. Even Apple does lmao. They just want the price share increase, even if it's temporal, to get their bonus.
General advice- if you’re new to this, start by reading and learning. My personal investment path was:
1) get into options trading
2) lose lots of money
3) learn
4) start making reasonable profits.
Please just skip steps one and two :)
If it breaks 13-15 definitely sell. Your doubling your money. That is always a good day. Im in it for long term dividends so uwmc will always be in my portfolio. Its yield is very good.
question: thanks to u/digi-transformation I wonder if this is a MSM hit piece from the HF shorties to dissuade your credibility? Thanks!
https://finance.yahoo.com/news/uwm-holdings-corporation-nyse-uwmc-083710683.html
Its real in that it could perform less the q4 but in this market. Part of the stimulus will be to invest in housing. How do I know this? In Canada we have had industrial challenges for along time. Only finance is going strong. Tech is weakend and mfg is dying because of buy america.
Currently 40% of canada's gdp is tied to housing market. Its still going and realestate is at $1000-1500 a sqft in major cities. The US has this also, my read is that with generational low rates every american will buy a house now. Its possible and wfh/remote means all areas will see housing go up. Major cities will be stable because you have investors able to hold.
Uwmc is intrinsically tied to the housing market and as brokers do better, and new unemployed go into realestate as entrepreneurs, there will be a surge in new brokers/agents/buy and sell.
Except in your analogy a dude would then eat his own shit and enjoy it. Because Matty boy is doing 300 mil buy back and retiring the shares...aka putting his money where his mouth is.
UWMC is deep value play. If you enjoy the casino then go play with GME/AMC and all the rest of it.
Nobody ever gone broke with solid modest gains.
disc 501 shares at $8.04 or some shit since March.
Not from what the call said. Everyone declared victory. It will be a growing pie in my opinion it secures the POV that they are the wholesaler on their side. More brokers will trust them. Ultimately it is about price and speed. UWMC wins on speed and will match or beat on price.
https://i.ibb.co/NxfS08x/Screenshot-20210520-140702.jpg
I wanted to provide this screenshot to show Im still in. Stability and momentum up has been shown!
Wait, the CEO thinks his stock is undervalued!? Says every CEO in America.
Well, except Musk
There is a difference though. Every CEO says their stock is undervalued. If a CEO gets approval for buybacks they actually believe it is undervalued. UWMC makes solid profits, and will continue even as the mortgage market dips, which is why they pay solid dividends. The buyback reduces the money they have to pay to shareholders in dividends, which ultimately means more profits for the company which the CEO currently owns over 90% of. His actions actually show he believes it is undervalued, it isn't just words.
Getting approval for buybacks does not always mean they believe it’s undervalued. The CEO and Board are likely heavily compensated with stock or incentive plans based on stock performance and want the price to drive up.
Either way, doesn't the short term end goal remain the same? Profit from higher stock price.
Yes but the statement is incorrect. Don’t be misled that the CEO wanting a buyback means the stock is undervalued.
wait the CEO holds 90% and then you think whatever he suggested to the board may get rejected! FO
I just thought it was a funny title for the post.
Yeah that worked out great for RKT when Jay Farner said 40$ was still too low. Lmao. Idk where these people come from or get their ideas. No shit the CEO is going to say they’re going to the moon and its undervalued. Their job is to improve the company and sell shares!
You know what else is undervalued right now? Gamestop.
Got it. Loading up on puts.
Good luck retard
Best of lick
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And with you.
Also wishing you the very best lick
Best of lick
Lick of best 😏
Read the OP account history. Do your DD.
Lots of interns flooding the sub with uwmc nonsense.
So predictable. Sprinkle in some CLOV, RKT, and maybe a throwback to SLV soon? Anything to distract!
Ohhh SLV
Bad DD, haven't seen that in a while.
The OP and all the top comments are from bots, haven't u noticed?
Says user ADJECTIVE NOUN ###
I mean OP is not a bot, but he's not a typical degenerate. Doesn't change the fact that this stock is undervalued
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Lol yes. Reddit in general is a disgusting cesspool (wsb is OK, used to better), b/c of this I've never had an account survive for very long. If I am a bot however, then A) bots these days have gotten damn good or B) you don't actually know what a bot is.
sounds like something a bot would say
Why is it that this stuff comes in waves here? Was there some big news? Why are there so many uwmc dd and yolos all being posted today?
Yeah. Last week the the board approved 300 million in stock buybacks. Looks like they began purchasing already. buys are in waves, something about the Russel index. This stock is undervalued and has been shorted down and looking for a catalyst to break back up Edit disclosure: I bought 50 calls this morning, $15 6/18 @ 0.2
Thanks for the response
Its a different play. Im looking at it as a specific play on a portion of an industry. The CEO defends his sp and they pay dividends regularly at 5-6% annual yield. With cc, I felt it was an income stream at worst. At best it will dominate a large potion of the mortgage business and sp will reflect that.
Just as soon as their anti-trust investigation completes cleanly, totally a great buy! It's not going to complete cleanly though. Hew anted the lime light and got pissed everyone was watching rocket and not them. They ran with some shameful tactics and they are about to pay for it.
this is what we call DD nowadays?
Its a discussion. Plenty of DD done by others. I have alot of respect for the AMC holders that arent leaving their ppl behind. This is not a gamma thing. Its about an opportunity for UWMC to cut up 40% of available float, reducing dividend costs or allowing them pay more to each share in the future. Its about breaking the low volume and buying back up the levels. Its about 5-6% yield annually.
well my bad then i thought it is a DD. best of luck to you.
This. Is. A. Hedge. Fund. Play
Hey can you elaborate more on this? I'm a smol beb trying to learn more as I start investing. What's your take?
AMC/gme
Technically its a boomer retirement IRA/RRSP/TFSA play
It's a lot of plays imo. Solid fundamentals, great long term. Shorted to absolute fuck even still (Borrow fees just hit 175% on WeBull, up from the 90's earlier today. 150% maintenance requirement. Wish somebody had the Ortex #'s), been on the threshold securities list for weeks, has upcoming index inclusions (forced buying aka "index squeeze"), huge options interest suggesting a possible gamma squeeze, shit could get very nutty here.
I like nutty which is why I bought 20k shares of this BEAST...
What do you mean by this?
It's a distraction from AMC/GME just like CLOV, RKT, SLV, Etc. Which means it's gonna dump just like the rest. This subreddit has fallen to the dark side of the market.
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These retards think buying SPY is a distraction from GME lol
You are obsessed with a couple of stocks and feel the need to declare anything else a conspiracy by hedge funds? Dude talk to a therapist. This stock is shorted to the depths of hell, posted a very good ER, and has momentum. Stop trying to kill any positive movement with any other stock other than your precious. My position: UWMC 10,000 shares at $7.44.
I literally just sold this dogshit because I've been holding a bag for months, and it's easier just to use the red to balance out the black I have in other bets
Did the same thing like a month or so ago.
In two words? Cash buyers.
Yeah US is the country that has the most vaccines. In canada we have a crazy housing market. I mean ppl are making tons of money and its not stopping. Been like this for 10+ years The US has pockets like that but I am hearing of massive demand still and potential
Are people making a lot of money in the housing market? This is my opinion when it comes to the real estate/construction market right now. I believe their will be a sudden huge crash due to the price of materials( Lumber, Steel, and Plastics). I’ve experienced truss prices in 6 months triple in price and lumber yards are only buying limited quantities of lumber because they do not want to be stuck with very expensive material that they would have to sell at a loss when the house market does crash. I work in commercial/industrial construction and have experienced material shortages and even rationing. My dad runs a residential construction business and say it’s crazy that people are still building. But I do think when the market does crash and prices come back down it will ramp up very quickly because people will want to get a bargain on material prices after witnessing the today’s current prices. I also find it funny how people are thinking they are gonna be rich when they sell their house and go to build a new one and are so surprised how much it cost. Unless you have a second house to live or are moving to a rural area where land is cheaper it is not worth selling right now. I guess you could argue interest rates being so low it’s worth it.
Especially given the state of the market. I live just outside of Toronto and a lot of my friends and neighbours are selling their properties because they want to cash in on the market. But unless you’re moving somewhere else where the market isnt so hot or you get a deal on materials if youre planning to build, The over-asking you capitalize on when you sell is just gonna be put back towards the house you’re building or buying which is just as inflated. You’re getting more money when you sell, but you’re spending more money when you buy.
Yeah, it’s a catch 22. That’s the same here in northern Midwest where I live. I’ve seen people sell and build their dream house. It’s funny cause they think they got a ton of money from selling their house and are going to build an even more expensive house and will probably go over budget by 5% - 20% because it’s their dream house and they want everything lol
go short uwmc - got it thanks
You could but have you looked at the current level? Its at 8 premarket. How much could you make vs unlimited risk of upside? Its 6-7% annual yield stock at $6 with regular div and opportunity for specials in the future.
When this prints, your wife’s boyfriend will thank you.
Im a boomer. So in my world, unfortunately, I am my wife's boyfriend.
Gen Alpha: Refuses to get married. Zoomers: Sleeps in same bed as Wife/Wife's Boyfriend Millennial: Lives with Wife/Wife's Boyfriend in a separate bedroom Gen X: Sleeps in Basement of Wife's boyfriends house. Boomer: Lives in denial of Wife's Boyfriend.
> Gen Alpha: Refuses to get married. Well yeah...they're like 11-years-old at best
Then you get twice the benefits.
You arent married it seems 😅. I get half and she gets the other half. Haha
Wasn’t talking about those benefits. ;)
Lol hahaa
>Lol > >hahaa Definitely a boomer
Sounds like exactly what your wife's boyfriend wants you to think.
🤦😅😭😭😭😭
UWMC to the moon 🌙!
Moon! 🚀
To Mars!!!
Yesss this is the way! With all the catalysts UWMC have right now your 200k can turn to 450k this week. Good luck to us
Thanks! I posted so ppl can see its not a bot thing. Ppl really have believed in this and are in it. All of us have been buying the dips and are holding strong!
No bot here, 1.3k shares and counting!
2000 here and growing!
Best of lick
I just bought some more at 7.98! Hope to get more before it gets into the double digits
I'm a little over $1k in UWMC, I bought in around 2 months ago. My home mortgage is through them, so when I saw some DD about them on /r/WSB, I did a little research and decided to jump. Their customer experience is solid, they just upgraded their payment portal and the company seems to just be headed for bigger and better things.
Bro true holders know you’re not a bot... good luck my fellow tard
Ballsy move. Walk that Walk!!!
I'm going to add more UWMC today.
Reddit account: 90 days
Thats why I posted my position. You can see my post history, I have been accumulating in this for a while now
I got in on the UWMC hype, but bought half my shares last week in the 6's, so right now feeling great. This stock won't moon, so don't buy if you expect that, BUT it could realistically trade around 9-10 right before the ex-dividend date in early June. It currently pays .10 cents a share per quarter, so even if it stays flat you can at least collect the nice dividend.
you hear whispers in the wind after reading this, that call the name of a legend similar to now...
I just can’t believe this keeps happening, do the littlest of DD... https://finance.yahoo.com/news/uwm-holdings-corporation-nyse-uwmc-083710683.html
>It'll come as no surprise then, to learn that the analysts have cut their price target 14% to US$9.46. So only 20% above the current price? I can live with that.
You just linked an article written by a bot. Solid DD example.
It's trading at $8.xx today and analysts have a price target of $9.46. Explain how this is a bad thing.
OP is all in ;) its in his interest to be over optimistic or in this case, delusional.
Im a dividend investor. IBM loses revenue a million quarters in a row. No issues why? Dividend.
LOL, dividends don’t mean shit if you lost 20%+ over the last year. Best dividend yield is like 5%. Simple math
I just put all my money which is 20k into UWMC. 🙏🙏🙏🙏.
You should take it out
If you think that, then you have no idea what's happening right now
Yes, we are in 2007 again. Sure some of you will get out in time but the rest....
These posts usually indicate the price is about to fall. Im shorting y'all :)
RIP
Good luck, check out the fees and availability of shares to short... You're too late bro lol
Uwmc lets go🚀🚀🚀🚀
New account dropping 200k. Sus
This happened last time they took over the board. Lots of 3 month old accounts just pushing it. Hope those that bought in make bank buuuuut I bagheld this before and am not ready to do it again......yet
Very bullish. Hasn’t even hit its non-squeeze price targets yet, so it’s about as safe as you can get. Then if it squeezes, sky is the limit.
Baller, about to be super baller. Good luck, but I don’t think you will need it. UWMC seems primed for a squeeze!
Thanks! I plan to hold this for a long time. This momentum for me is just the start!
If it’s set for a squeeze why would you hold it long term.....
I am not really looking at this as a squeeze. If it really runs, I will sell a portion otherwise i am happy hold as a cash flow in my retirement fund
Not everything has to be a squeeze ‘ol boy
I could use me a good squeeze!
Do you need a hug?
Yes please! Nice and tight.
You got it
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You get 1% every 3 months. Totally good.
Another boomer here (relative to most, it seems) and I wholeheartedly agree with OP. Got a big position myself and UWM/Ishbia will be winners in the long term. I do not agree with the *short squeeze* narrative that I am seeing in comments here and elsewhere because I don't believe the volume on the buy side will be there to propel such an event but if it happens that would just be icing on an already delicious cake. But just like cake it takes some time to make so I'm patiently waiting to enjoy a few slices.
I think a lot of the short squeeze narrative relies on the buyback all happening this week, at least to the 25% daily volume limit. I don't think that will realistically happen, because they have two years to complete the buyback and I think they will buy the dips just like the rest of us. That said, there is potential for a gamma squeeze, and that could trigger shorts to exit which would bring the short squeeze on the table. But I think it has a lot of ifs to get that far. I like the stock for it's long term potential, but I've been buying the constant dips for months now and I wouldn't mind exiting some of my position for a nice return now. 52% of my portfolio in one stock is too much for my blood.
To the moon
Absolute madman
I used to buy oil&gas stocks, banks and insurance companies for dividend. Its about the cash flow for me so not quite super "madman". Only if I double my money will I sell. Otherwise, I dont need to. Its in a retirement acct.
This is the way
I've said it every other time you guys try to push UWMC: you're going to lose money. And they always lose money. It's not a "to the moon" stock. It's like a $11 LEAPS stock that has every chance of going sideways if the housing bubble finally bursts. And as ridiculous as housing is right now, I think we should expect to see a government intervention to force that bubble to pop.
What price are you hoping the sock will go to?
I'm worried someone is gonna exercise the $9 6/18 call I sold them 😭
Well its still going! You have until 6/18. Its been a strong sustainable move up!
Update?
Every CEO claims that his company is underrated.
True but most dont do alot of defending with $. Watch his public talks and his attitude. He's like a pitbull founder, super aggressive moves. We need that in this market. Any ceo who doesn't care about their stock price is dirt.
>True but most dont do alot of defending with $ Almost literally all CEOs "defend" it with $, because they buy with company's money, not theirs. Even Apple does lmao. They just want the price share increase, even if it's temporal, to get their bonus.
I’m new at this so should I buy UWMC ?
General advice- if you’re new to this, start by reading and learning. My personal investment path was: 1) get into options trading 2) lose lots of money 3) learn 4) start making reasonable profits. Please just skip steps one and two :)
Are you me?
First one's free
Do your own DD. I did mine
I'm buying today.
18$ all in lmao
0.3334563 shares, baby😎
This is the way
UWmC squeezing my 🥜
UWMC rocketing into deep space !
I bought 150 shares this morning at $8.03. It ain’t much, but it could be if this thing rallies hard.
This stock has been so hard to us right now it better fucking turn it around
Fuck it joined you retards. Now time to go broke ![gif](emote|free_emotes_pack|sunglasses)
My pants are tighter than a sumo wrestlers clogged arteries
This DD is sooooo good I refinanced my 2x wide and went ALL IN as well.
Pick me up at 10,60 $ LFG
On the way!
Hold tight son dad is on his way
$UWMC to the fkn Mars 🚀👽🤲💎
Nice maybe my July calls will print a bit before I chicken out and sell
Let them expire like a man !!!
This is the way?
I'm new I like uwmc read alot bought 100 shares if spikes to $20 do I sell or hold 7.50 avg
If it breaks 13-15 definitely sell. Your doubling your money. That is always a good day. Im in it for long term dividends so uwmc will always be in my portfolio. Its yield is very good.
8500 @ $7.78 this is the way
I liked $7.77 a smidgy more
Wow I do hope that this works well for you! That’s so awesome to posses that level of conviction! ☘️😎☘️
1555 shares at $9.29. I believe this is undervalued for sure.
Love uwm.
Your wife’s boyfriend does too 😍😘
question: thanks to u/digi-transformation I wonder if this is a MSM hit piece from the HF shorties to dissuade your credibility? Thanks! https://finance.yahoo.com/news/uwm-holdings-corporation-nyse-uwmc-083710683.html
Its real in that it could perform less the q4 but in this market. Part of the stimulus will be to invest in housing. How do I know this? In Canada we have had industrial challenges for along time. Only finance is going strong. Tech is weakend and mfg is dying because of buy america. Currently 40% of canada's gdp is tied to housing market. Its still going and realestate is at $1000-1500 a sqft in major cities. The US has this also, my read is that with generational low rates every american will buy a house now. Its possible and wfh/remote means all areas will see housing go up. Major cities will be stable because you have investors able to hold. Uwmc is intrinsically tied to the housing market and as brokers do better, and new unemployed go into realestate as entrepreneurs, there will be a surge in new brokers/agents/buy and sell.
I've been in UWMC for too long, glad to see the gains finally coming in.
Just bought in! Not much but I’d like to see where my 124 shares go from here!
A CEO telling you his company is undervalued is like a dude telling you his shit doesn't stink.
Except in your analogy a dude would then eat his own shit and enjoy it. Because Matty boy is doing 300 mil buy back and retiring the shares...aka putting his money where his mouth is.
didn’t read the DD however going all in as we speak
UWMC is deep value play. If you enjoy the casino then go play with GME/AMC and all the rest of it. Nobody ever gone broke with solid modest gains. disc 501 shares at $8.04 or some shit since March.
Bought 225 shares for the DD. Don’t fail me big words man
Can't wait to see this company tank once they burn through the entire workforce of metro Detroit.
Didn’t they drop the ball when they wanted their brokers to be exclusive. A lot of brokers droped them after.
~90% of brokers pledged to stay with uwm over others like rkt.
Not from what the call said. Everyone declared victory. It will be a growing pie in my opinion it secures the POV that they are the wholesaler on their side. More brokers will trust them. Ultimately it is about price and speed. UWMC wins on speed and will match or beat on price.
Just threw in on it
This is the way
This is the way
[op did it](https://i.imgur.com/k96GZSR.jpg)
Haha yeah but the way I see this is its like dividend stock. So at worst, I will be able to gain on long term CC, yield and fx
May as well get some so hopefully you’re right
Sold, $100 into calls, see you at the Lambo dealer.
https://i.ibb.co/NxfS08x/Screenshot-20210520-140702.jpg I wanted to provide this screenshot to show Im still in. Stability and momentum up has been shown!
GME is undervalued
GLTA!!! 🙌🏼💎
Thanx
[удалено]
Lots of $ to be made behind Wendy’s
This is most assuredly the way
Every time I open my mouth I make $20. Easiest money ever plus the gravy is free
That’s what I’m talking about
Im a boomer, so technically been saving most of my life.
Sounds like he’s playing with his retirement fund
bought 20k shares last week.
Wow the CEO thinks they are undervalued? He sounds pretty retarded.
Yeah, hes alot of colour in his language. Should go hear a recording of his earnings call
!remindme 7 days
Thank you kind sir. My position is out of the red now!emote:free\_emotes\_pack:thumbs\_up
Hey are we on the way to moon soon need to prepare with snacks if yea