Is Opendoor Headed To Bankruptcy In The Short Run? Fed Pivot Thesis, Free Cash Flow, & Borrowing Cap

0:00 All the context you need to understand how I got interested in Opendoor (OPEN) and why the investment thesis was very sound in 2021 (bonus: my rant against the Fed rate hikes)
18:17 Will Opendoor go bankrupt? Short-term analysis of negative free cash flows, assumption, and borrowing capacity (This is the part you're probably looking for.

Is Opendoor headed for Bankruptcy? I don't think so! I think the scenarios towards bankrupcty include a "Very Risky" and "Not too Risky" option. This all depends on Opendoor's ability to access its credit facility. I analyze Opendoor's free cash flow, and explain why I believe Carrie Wheeler, OPEN's former CFO, was the ideal candidate for the job. In the video, I provide a lot of context regarding my view that the Fed will pivot, as well as tax lost harvesting, and the quality of Opendoor's service.

I am a happy customer and shareholder of Opendoor. This is not investment advice. But I want Opendoor to survive.... would be good for my retirement and for my future home purchases.

[stevedaraska]

I'm thankful for you taking the time and effort to produce such quality content on one of my absolute highest conviction investments. I would absolutely appreciate videos on the other 2 subjects you mention near the end of this video.

[Raff]

Excellent video! Thank you. I also have a position in Opendoor and I intend to hold it long term. I strongly believe that they will disrupt the real estate sector. It would be interesting to see how they do in Q4 and their guidance for 2023.

[pkpkchiu]

Thanks for the video :) I am afraid that I would lose my money with $open on the verge of bankruptcy, however feel 10x more excited with the potential. A good bet anyway

[joycetan]

Thank you very much, I am thinking buying some shares!! Looks like the FED is going to pause?

[trave]

Fed stops raising rates/starts lowering rates = opendoor rally to $10