Chadstroma
Footballguy
Still long on UWM. All mortgage stocks are down in similar or more. I still think Wall St is looking at UWM in the wrong light as basically just another mortgage lender, where I see it more as a tech company doing mortgages really well and the leading, largest and highest growth potential wholesale lender. The wholesale mortgage continues to grow on the strength of the broker come back with broker share roughly about 25% and climbing (about 5 years ago it was about 5% I believe) with 50% being seen as the target in the next couple of years.FLGT - Bought bought 10% of what I sold yesterday $7 cheaper.
UWMC - Limit tripped at $5.51. I may be one of the top 10 shareholders now. I'm officially getting worried that something shady is up here. CEO sounds like he gets it, but may be a snake oil salesman. @Chadstroma are you still in love with there guys?
LYB - An @Todem selection. PE = 5, Dividend = 5%. Bought at $91.55 replacing the shares I sold two days ago at $95.84 when I was trying to raise cash. I'll continue to add on weakness.
ZOM - I've made some money previously trading this by acquiring on the dips. I would not suggest following.
TLRY - It was down over 12% when I bought at $10.84.
T - 52 week low. I know people hate it and they are spinning off businesses. Results last quarter were strong, we have to be near the floor.
ETHE - Always add $100 in cypto on any day I see a 5% pullback. Just a sliver of my portfolio.
SOFI - $20.25. Just increased my position by 5% I'll double down every further $2 drop.
DNMR - $14.12, down about 13% at the time. I love the clearance rack
DM - $6.76. I've chased this down from the mid-$20s...ouch. Lately I've done well on this stock buying the big dips. Sold all my $6 and $7 shares around $9 10 days ago.
BFLY - $8.40. Cathie Wood loves it...ouch. It's bounces around a lot, looking for a Santa rally.
KALA - $1.81. Made some money buying this around this price point last month.
Mat Ishbia is the real deal. Visionary. Leader. Integrity. Driven. Smart. Measured. Energetic. Genuine. Caring. Spartan. Are a few of the words I think of with him. I am not going to try to act like a big deal but I have interacted with him in person one on one and in small zoom calls where I talked to him, asking questions etc. That is more about him being accessible. I know brokers who have his personal phone number. If I really wanted to, I could call and schedule an appointment with him and he would be all good for it. A couple of quick stories about him... a few years ago, I had a refi loan that didn't close on time causing a bit of an embarrassment to me. It was due to some odd software glitch. Ishbia called me to personally apologize. I didn't even make a big deal about it or complained, he caught wind of it somehow and proactively reached out (though I missed the call cause he called the physical office and the broker/owner answered then fanboyed out). Another story is when COVID hit and things went sideways real fast with mortgages, Ishbia said he would not lay off any employees... he would sell his house and live in his office before that.
I believe in UWM and Mat Ishbia strongly. It may take Wall St a while to catch up and stop pricing it like just anothrr mortgage company though.