Opendoor Technologies Inc (OPEN)

[IL Padrino]

When I initially got this stock a few months ago, it was at $25. Has not reached that level since and I was a little frustrated. But I see it has a decent BB between $16-$24 ish. Today was the first day I added on a dip and more than doubled my position, averaging down.

There are 2 main factors that gives me much confidence this is a good investment. 1, That Zillow is out of the equation, which means those potential customers will go with Open. 2, The YoY growth is phenomenal. That can only improve. The upcoming generations who will be in a position to buy a house in the short and long term future live and die on the internet. This "Amazon" generation will be completely comfortable at buying a house online, and will actually prefer it. I'm 47 and I would prefer that myself.