Still, I’m cautious. Hedge funds are shorting for a reason—OPEN faces profitability issues, and housing isn’t strong. Momentum can fuel a squeeze, but fundamentals always return. To me, this looks more like a showdown between retail and institutions than a real growth story.
I wouldn’t chase at these levels, but it stays on my watchlist. If momentum holds, $8 is possible. For me though, it’s more of a short-term play than a conviction hold. With volatility this high, risk management decides who wins or loses. 🎲
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Buy before OPEN go to double digits