Opendoor’s Turnaround Is About the Future, Not the Past
$OPEN is a turnaround. Complete restructuring. Many internal and external tailwinds are forming, and the investment case is about the futurenot the past.
Opendoor is a turnaround with a new CEO, new board, and new strategy. The company is offloading legacy unprofitable flips, launching a mortgage strategy, and focusing on technology, execution, and profitability.
If you are looking at a spreadsheet with backward-looking data, you will miss the change underway.
Source: https://x.com/RosannaInvests/status/2016533255340875878