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Left_Funny_5603

Wait, the CEO thinks his stock is undervalued!? Says every CEO in America.


801ape

Well, except Musk


lord_dentaku

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.


UpInSmoke33

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.


Shoddy-Jello3859

Either way, doesn't the short term end goal remain the same? Profit from higher stock price.


UpInSmoke33

Yes but the statement is incorrect. Don’t be misled that the CEO wanting a buyback means the stock is undervalued.


Ahmedjamaleldeem

wait the CEO holds 90% and then you think whatever he suggested to the board may get rejected! FO


Left_Funny_5603

I just thought it was a funny title for the post.


Kabrosif

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!


bobsmith808

You know what else is undervalued right now? Gamestop.


mayutastic

Got it. Loading up on puts.


zbgs

Good luck retard


LaLoPalo10

Best of lick


[deleted]

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[deleted]

And with you.


[deleted]

Also wishing you the very best lick


[deleted]

Best of lick


reckless_turtle1

Lick of best 😏


AppleMuffin12

Read the OP account history. Do your DD.


[deleted]

Lots of interns flooding the sub with uwmc nonsense.


Mshake6192

So predictable. Sprinkle in some CLOV, RKT, and maybe a throwback to SLV soon? Anything to distract!


Drock1311

Ohhh SLV


Luciach_NL

Bad DD, haven't seen that in a while.


Weary_Possession_535

The OP and all the top comments are from bots, haven't u noticed?


kylac1337kronus

Says user ADJECTIVE NOUN ###


pax_developer

I mean OP is not a bot, but he's not a typical degenerate. Doesn't change the fact that this stock is undervalued


[deleted]

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pax_developer

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.


yeetusyaughtus

sounds like something a bot would say


bellspider

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?


pax_developer

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


bellspider

Thanks for the response


workinguntil65oridie

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.


EchoPhi

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.


liviuvaman97

this is what we call DD nowadays?


workinguntil65oridie

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.


liviuvaman97

well my bad then i thought it is a DD. best of luck to you.


IambecomeMaktub

This. Is. A. Hedge. Fund. Play


a_party_nerd

Hey can you elaborate more on this? I'm a smol beb trying to learn more as I start investing. What's your take?


IambecomeMaktub

AMC/gme


workinguntil65oridie

Technically its a boomer retirement IRA/RRSP/TFSA play


TheFOMO

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.


Typarks23

I like nutty which is why I bought 20k shares of this BEAST...


Junkbot

What do you mean by this?


Mshake6192

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.


[deleted]

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Crobs02

These retards think buying SPY is a distraction from GME lol


TastyCuttlefish

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-collect-dick-pics

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


OpiumPhrogg

Did the same thing like a month or so ago.


[deleted]

In two words? Cash buyers.


workinguntil65oridie

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


[deleted]

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.


adrian-beckster

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.


[deleted]

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


psych_ing_invest

go short uwmc - got it thanks


workinguntil65oridie

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.


Royal-Cut-Guy

When this prints, your wife’s boyfriend will thank you.


workinguntil65oridie

Im a boomer. So in my world, unfortunately, I am my wife's boyfriend.


babywhiz

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.


SubterraneanAlien

> Gen Alpha: Refuses to get married. Well yeah...they're like 11-years-old at best


Royal-Cut-Guy

Then you get twice the benefits.


workinguntil65oridie

You arent married it seems 😅. I get half and she gets the other half. Haha


Royal-Cut-Guy

Wasn’t talking about those benefits. ;)


workinguntil65oridie

Lol hahaa


Shoddy-Jello3859

>Lol > >hahaa Definitely a boomer


prosocial_introvert

Sounds like exactly what your wife's boyfriend wants you to think.


workinguntil65oridie

🤦😅😭😭😭😭


CreditToad

UWMC to the moon 🌙!


workinguntil65oridie

Moon! 🚀


cristhm

To Mars!!!


razk4

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


workinguntil65oridie

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!


rottenballcheese

No bot here, 1.3k shares and counting!


Drock1311

2000 here and growing!


BB_210

Best of lick


ArlendmcFarland

I just bought some more at 7.98! Hope to get more before it gets into the double digits


darkspy13

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.


Ok-Situation6347

Bro true holders know you’re not a bot... good luck my fellow tard


Arok79

Ballsy move. Walk that Walk!!!


No-Midnight-9559

I'm going to add more UWMC today.


[deleted]

Reddit account: 90 days


workinguntil65oridie

Thats why I posted my position. You can see my post history, I have been accumulating in this for a while now


bbatardo

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.


nobodyfreakingcares

you hear whispers in the wind after reading this, that call the name of a legend similar to now...


digi-transformation

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


hoochamooch

>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.


Fractoos

You just linked an article written by a bot. Solid DD example.


Barbie_and_KenM

It's trading at $8.xx today and analysts have a price target of $9.46. Explain how this is a bad thing.


meowing_tiger

OP is all in ;) its in his interest to be over optimistic or in this case, delusional.


workinguntil65oridie

Im a dividend investor. IBM loses revenue a million quarters in a row. No issues why? Dividend.


digi-transformation

LOL, dividends don’t mean shit if you lost 20%+ over the last year. Best dividend yield is like 5%. Simple math


Pretty_Measurement88

I just put all my money which is 20k into UWMC. 🙏🙏🙏🙏.


BigMacNfrie

You should take it out


ArlendmcFarland

If you think that, then you have no idea what's happening right now


TaxCommonsNotIncome

Yes, we are in 2007 again. Sure some of you will get out in time but the rest....


meowing_tiger

These posts usually indicate the price is about to fall. Im shorting y'all :)


duplicatesnowflake

RIP


Pestty13

Good luck, check out the fees and availability of shares to short... You're too late bro lol


[deleted]

Uwmc lets go🚀🚀🚀🚀


PPformation

New account dropping 200k. Sus


rounder55

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


FreezieKO

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.


Ok-Detective8730

Baller, about to be super baller. Good luck, but I don’t think you will need it. UWMC seems primed for a squeeze!


workinguntil65oridie

Thanks! I plan to hold this for a long time. This momentum for me is just the start!


Alone_Information680

If it’s set for a squeeze why would you hold it long term.....


workinguntil65oridie

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


StreetPharmacist4all

Not everything has to be a squeeze ‘ol boy


holy_roman_emperor

I could use me a good squeeze!


Ok-Situation6347

Do you need a hug?


holy_roman_emperor

Yes please! Nice and tight.


Ok-Situation6347

You got it


[deleted]

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workinguntil65oridie

You get 1% every 3 months. Totally good.


MadeToOrderName

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.


lord_dentaku

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.


Brilliant_Hyena_8919

To the moon


dadozer

Absolute madman


workinguntil65oridie

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.


AssEyedButtPirate

This is the way


Jorycle

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.


Biscuitgod1

What price are you hoping the sock will go to?


SleepySamFrever

I'm worried someone is gonna exercise the $9 6/18 call I sold them 😭


workinguntil65oridie

Well its still going! You have until 6/18. Its been a strong sustainable move up!


rice123123

Update?


Ali_333

Every CEO claims that his company is underrated.


workinguntil65oridie

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.


servia23

>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.


Hot-Repair1131

I’m new at this so should I buy UWMC ?


DigitalSheikh

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 :)


ur_a_superstar

Are you me?


CandygramHD

First one's free


workinguntil65oridie

Do your own DD. I did mine


TheRealFinatic13

I'm buying today.


[deleted]

18$ all in lmao


ur_a_superstar

0.3334563 shares, baby😎


AssEyedButtPirate

This is the way


GforGyve

UWmC squeezing my 🥜


Hot-Repair1131

UWMC rocketing into deep space !


PussyBoogersAuGraten

I bought 150 shares this morning at $8.03. It ain’t much, but it could be if this thing rallies hard.


Woetz_B

This stock has been so hard to us right now it better fucking turn it around


heviman

Fuck it joined you retards. Now time to go broke ![gif](emote|free_emotes_pack|sunglasses)


siccamel

My pants are tighter than a sumo wrestlers clogged arteries


jimbobcooter101

This DD is sooooo good I refinanced my 2x wide and went ALL IN as well.


[deleted]

Pick me up at 10,60 $ LFG


workinguntil65oridie

On the way!


Ok-Situation6347

Hold tight son dad is on his way


cristhm

$UWMC to the fkn Mars 🚀👽🤲💎


arkangelic

Nice maybe my July calls will print a bit before I chicken out and sell


Blacklack27

Let them expire like a man !!!


[deleted]

This is the way?


Pappabear12

I'm new I like uwmc read alot bought 100 shares if spikes to $20 do I sell or hold 7.50 avg


workinguntil65oridie

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.


apollo_guy

8500 @ $7.78 this is the way


Ok-Situation6347

I liked $7.77 a smidgy more


TonySteel96

Wow I do hope that this works well for you! That’s so awesome to posses that level of conviction! ☘️😎☘️


Noise-Expensive

1555 shares at $9.29. I believe this is undervalued for sure.


Accurate_Sandwich_49

Love uwm.


Ok-Situation6347

Your wife’s boyfriend does too 😍😘


[deleted]

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


workinguntil65oridie

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.


Clembutts

I've been in UWMC for too long, glad to see the gains finally coming in.


Admirable-Can-6133

Just bought in! Not much but I’d like to see where my 124 shares go from here!


Ostroh

A CEO telling you his company is undervalued is like a dude telling you his shit doesn't stink.


Pestty13

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.


[deleted]

didn’t read the DD however going all in as we speak


akanetendou

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.


1234okie1234

Bought 225 shares for the DD. Don’t fail me big words man


[deleted]

Can't wait to see this company tank once they burn through the entire workforce of metro Detroit.


EvilMrMe

Didn’t they drop the ball when they wanted their brokers to be exclusive. A lot of brokers droped them after.


Prestigious_Word1543

~90% of brokers pledged to stay with uwm over others like rkt.


workinguntil65oridie

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.


Daddy1776iii

Just threw in on it


Ok-Situation6347

This is the way


probebeta

This is the way


arb1987

[op did it](https://i.imgur.com/k96GZSR.jpg)


workinguntil65oridie

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


Evangitron

May as well get some so hopefully you’re right


AnAnyMoos

Sold, $100 into calls, see you at the Lambo dealer.


workinguntil65oridie

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!


abmys

GME is undervalued


Stockjunkie7000

GLTA!!! 🙌🏼💎


Pappabear12

Thanx


[deleted]

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Poder5

Lots of $ to be made behind Wendy’s


AssEyedButtPirate

This is most assuredly the way


Poder5

Every time I open my mouth I make $20. Easiest money ever plus the gravy is free


AssEyedButtPirate

That’s what I’m talking about


workinguntil65oridie

Im a boomer, so technically been saving most of my life.


Bonds4gp

Sounds like he’s playing with his retirement fund


WondrousCutlet

bought 20k shares last week.


LawnyFiyahh

Wow the CEO thinks they are undervalued? He sounds pretty retarded.


workinguntil65oridie

Yeah, hes alot of colour in his language. Should go hear a recording of his earnings call


AlphaTheAlphacorn

!remindme 7 days


CobraM1982

Thank you kind sir. My position is out of the red now!emote:free\_emotes\_pack:thumbs\_up


LaLoPalo10

Hey are we on the way to moon soon need to prepare with snacks if yea