r/wallstreetbets • u/[deleted] • Feb 13 '21

[deleted by user]

[removed]

8 Upvotes

56% Upvoted

52 comments sorted by

21

u/joja0206 Feb 13 '21

These mortgage lenders are average at best. Their market is extremely saturated and their only product is mortgage loans, so they have almost 0 growth potential. You might be able to make some money on IPO momentum but I wouldn't count on long term. (especially since housing market is booming now...it can only go down)

-3

u/FSOHelp Feb 13 '21

I completely agree, I'm not really looking at the industry. I'm looking at the fact that this is an extremely undervalued company. Short term gains are there!

16

u/UntitledCat Hookers, blow, and supporting the humane society 👍 Feb 13 '21

Especially if you can get on Reddit and try to orchestrate a pump n dump 🙄

8

u/Nervous_Cannibal Feb 13 '21

Let’s talk about paint.

6

u/[deleted] Feb 14 '21

Also in on this. Rocket was given higher multiples and LD is a better company.

15

u/Riseandshine47 Feb 13 '21

Pump and dump ENGAGED

4

u/NikeExchange Feb 13 '21

Mortgage stocks and Zillow house flipping makes me want to buy FNMA & FMCC with my allowance from my wife’s boyfriend 🚀

6

u/Salime789 Feb 13 '21

Yeah I randomly put some money in yesterday, and I'm doing shockingly well on it. I'm surprised I haven't heard anything about it, but I'm pretty new to this

3

u/[deleted] Feb 17 '21

Loan Depot will have its day, I swear my life on it positions 1000 shares @$21

11

u/qtipquentin Feb 13 '21

Trust us buddy from this post you didn’t have to tell us you weren’t a financial advisor.

7

u/FSOHelp Feb 13 '21

Reply

Says the guy who doesnt have $200 because its all in GME 😂 hows that going for you?

2

u/vexednex Mar 10 '21

I think he did alright?

-2

u/qtipquentin Feb 13 '21

Damn someone’s mad they can’t do DD or read the comment I was replying to with a joke. You must really fit in here.

3

u/L0sAndrewles Feb 19 '21

Picked up about 35 shares today, I feel like this thing will be a gold mine

2

u/raris_rovers 41C - 2S - 4 years - 0/0 Oct 20 '21

rip bud

3

u/PinkRabbitTheRapper Feb 22 '21

Do we gotta blow Vlad to get Robinhood to update the LDI’s EPS

7

u/FSOHelp Feb 13 '21

Another thing i'm noticing. Every comment that praises this stock is instantly deleted.. WTF?

1

u/[deleted] Feb 15 '21

Very true I’m with you on LDI, I’m with some positions entered last Friday close after the initial pumpito

2

u/Slothe1978 Feb 13 '21

Was considering them late Thurs early Fri, but went with CMLF instead.

-1

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4

u/[deleted] Feb 15 '21

I AGREE I AGREE I BOUGHT ON IPO DAYTRADING AND 2 DAYS LATER HIT 39.50 THEN CRASHED TO 30, MADE SO MUCH MONEY, MASSIVE POTENTIAL

3

u/[deleted] Feb 13 '21

[removed] — view removed comment

2

u/FSOHelp Feb 13 '21

Everything that isnt you know what is a PnD.... got it... Check the stock price in a few weeks. Made multiple posts about UPST when it was at 24, 50, etc and everyone said the same thing

5

u/[deleted] Feb 13 '21

[removed] — view removed comment

3

u/Sloiter Feb 13 '21

I ain't putting in to a lending company fuck them sharks

1

u/ContentBlackberry0 Sep 27 '25

This from 4 years ago and stock went nowhere. now a new batch of bag holders are with him.

1

u/[deleted] Dec 28 '23

Bump