Mr. BuLLish BuLL💲

$OPEN - 📢 Today's X Space with Kaz, CEO of Opendoor — Format & Game Plan Just so everyone knows the format we're working with for today's Space with Kaz: 🎙️ 1. Quick Introductions We'll kick things off with a very brief welcome and intro, then give Kaz the floor for his opening remarks. 🔥 2. Top Community Questions — Rapid Fire! We'll jump right into the top questions selected and voted on by the community. Three moderators will split up the questions, and we're hoping to get through at least the Top 10. Yes, we'll let Kaz know this will be somewhat of a rapid-fire session and ask him to keep answers brief and to the point... as best as Kaz can! 😅 🎤 3. Additional Speaker Questions If time permits, we've selected a couple of speakers to join the moderators for additional questions and/or discussion. 📩 4. Unanswered Questions & Follow-Up Before our time with Kaz wraps up, we'll ask whether we can submit any important unanswered questions to Kaz and the Opendoor team for follow-up. Hopefully, they'll be able to address some of those, and we'll share the responses with the community. We may even host a follow-up Space to discuss them. 🚪 5. OPEN Mic Session Once our time with Kaz concludes, we'll open up the mic to the community to share thoughts, reactions, and takeaways from the conversation. Our goal is simple: Make the most of our time with Kaz, prioritize the questions the community wants answered, and keep the conversation productive, informative, and moving. Looking forward to a great Space with the #OpenArmy! 🟢🚀 nitter.gq/i/spaces/1BlPvNKvaoboZ…

US MORTGAGE DEMAND JUMPS AS 30-YEAR RATE FALLS TO 7.21% US mortgage applications surged 6.2% last week as borrowing costs eased, according to the Mortgage Bankers Association. Home purchase applications jumped 7.5%, while refinancing demand rose 4.5%. The average 30-year mortgage rate fell 9 basis points to 7.21%, offering some relief to prospective homebuyers. Housing demand is showing signs of life, even with mortgage rates still above 7%.

I want to amplify this message. $OPEN shareholders are demanding a big stock buyback. We know it was discussed at the recent board meeting, and it should have been approved. A big 100M share buyback would signal to the market that the company is still confident in its path to profitability with existing capital after the misstep of overpaying for homes during the spring and summer due to macro change. Kaz already said on the Q3 call that he was happy with the $910M balance sheet. If a buyback at $3.49 made sense, then another one at $1.35 is a no brainer. Let's put that money to good use. Insider purchases starting tomorrow morning would be nice too. Like and retweet if you agree.