I got time and I

    UWMC

    Posted by fundamentalvalues on 25th of Feb 2021 at 11:14 am

    I got time and I would add large if it goes lower. Then I will take 50-100% on warrants when it pops. All day long

    UWMC deep dive warrants expire in

    Posted by ridgetopab on 25th of Feb 2021 at 12:09 pm

    UWMC deep dive

    warrants expire in Jan 21, 2026 ,  (terms 1 wt + 11.50 = 1common sh) so really an out of the money Leep option today

    current warrant value implies stock price of 13.04 +/- for BE (i.e. current intrinsic value is 0 until stock price exceeds $11.50)

    UWMC implied p/e is higher than peers PFSI _ COOP _ RKT

    I'm up 37% so far

    Posted by fundamentalvalues on 2nd of Mar 2021 at 01:31 pm

    I'm up 37% so far on my position, happy to trail it all up now. Love buying things when nobody believes that have supporting fundamentals. That RSI was in the low 20s. Hilarious risk/reward opportunity. 

    UWMC looks like a nice play

    Posted by ridgetopab on 25th of Feb 2021 at 11:29 am

    UWMC

    looks like a nice play as long as the Feds keep the QE train running

    eventually setting up for 2008 MBS Crash the sequel?

    Link to MF analysis

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!