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JusticeWillWin

04/24/25 3:50 PM

#742030 RE: sunshinevibrations #742028

Thanks, didn't know that. Good article.

The acquisition of Redfin by Rocket is expected to close in the 2nd or 3rd quarter, maybe the closing of this deal will also have an upside impact on Rocket's PPS...

BTW: As of now, RKT is back to $13.10

Apparently, at that time, RKT was one of the stocks that benefited from pumping by WallStreetBets, leading to a temporary short squeeze. Also, they had announced a $1.11/share dividend a few weeks before. It had never been close to that price before and hasn't been since.

I think something in the $20 range is more realistic (even though that's still a hopeful speculation). Just getting back to $14 would be a big win.

Here's an article from that time:

https://marketrealist.com/p/is-rkt-stock-undervalued-good-buy-now/

Bullish
Bullish