Zillow down over 50% YTD with their failed home flipping business that they just closed. What does Zillow know about the housing market given they have more housing data than any company in the world.
A much larger iBuy home flipping provider is OpenDoor and they have NEVER made a profit. In 2021, the hottest housing market in history, OpenDoor has LOST $414 million in the first 6 months of this year. With all this their stock is up up and away.
h/t Bloody Peasant!
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.
- THAILAND DECLARES DEATH CON 3 ON PFIZER
- SOMETHING HUGE IS COMING
- Israel is forming a military coalition to attack Iran (USA and France are already in)
- Project Veritas was shut down for asking the right questions
- We Are About To See The Biggest Escalation Of The War In Ukraine So Far
- Elon Musk: “It is a serious concern -> The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable
- New Zealand Reddit Users Can’t Figure Out Why They Keep Getting More Sick and For Longer: “this time the phlegm is so bad it’s difficult to breathe…
- Don’t Be Stupid – The U.S. Economy Actually LOST 2.5 Million Jobs Last Month
- We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932
- Rishi Sunak – ‘We want to rewire the entire global financial system for net zero’
Views: 6