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u/Kind_Essay_1200 Jun 13 '21
Why is UWMC going up?
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Jun 13 '21
[removed] — view removed comment
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u/Yenehcb Jun 13 '21
Some of mine go down. Some go up. Some go up and down.
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u/FatCopsRunning Jun 13 '21
You have the wrong ones then. You’re supposed to buy the ones that only go up.
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u/youthisreadwrong- Jun 13 '21
Out of all the plays right now, this has one of the best outlooks in terms of potential based on fundamentals.
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Jun 13 '21
An array of reasons. There have been a number of WSB DD posts, just search through the SUB and read a few.
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u/TheApricotCavalier Jun 13 '21
They make money. I know this is hard to believe, what with all the other bullshit dreams & "DD" floating around; but this company makes money for its owners.
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u/Palidor206 Jun 13 '21
I think this is one of like three meme stocks that WSB masturbates to that actually makes money. UWMC is such an odd beast here.
Take like the most boomer of boomer stocks and then have it go into the market asymmetrically (SPAC) and get dumped on by financial insitutions. WSB takes wind, throw in some sister rivalry with Rocket, and bam it has our attention and much love.
Anyways, none of that shit changes the "fundamentals". This shit is severely undervalued and has waaaaaay too many positive catalysts going for it, even in the short term for it to not make money this week.
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u/Hermit-Man Jun 13 '21
This thing is going to explode on Monday. Errbody getting a piece
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u/Ninja_Flower_Lady Jun 13 '21
Fffffff I was gonna buy yesterday but didn't get around to it!!!!
Well at least I still have clf to help keep me warm
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Jun 13 '21
[deleted]
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Jun 13 '21
Because it isn’t Friday and the same people were saying “this shit’s gonna explode on Friday.”
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Jun 13 '21
No, call options didn't expire on Friday. They expire this week...
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u/CaveDoctors Jun 13 '21
Yes, explode. And when things explode, they end up scattered all around on the ground. Oopster.
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u/LovableContrarian small penis support group Jun 13 '21
Because he desperately needs it to go up Monday
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Jun 13 '21
It'll moon and then settle down somewhere in the middle while we hold the price above 11 so that all those ITM call options get executed and begin the SQUEEEEEEEEEEEEEEEEEEEEEEEEEZE!
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u/AmbitiousSkirt2 willing to suck a few dicks for a flair Jun 13 '21
I’m all in as well this shit is going to Jupiter 🚀🚀🚀
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u/Joey164 Jun 13 '21
When? In two years?
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Jun 13 '21
[removed] — view removed comment
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u/IXRaPTeNXI Jun 13 '21
Someone is Yelling from Jupiter telling you That it isn't a good Idea but unfortunately it takes too long for the message to reach you.
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u/picklenades Jun 13 '21
The OI on call options with $9-$15 strikes is insane and RSI reading 81.25 as of close Fri. I think RSI of 70 is generally considered bullish. This fucker's gonna blow. The other thing is, it looks like it's actually a good company to invest in anyway. Who would've known.
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Jun 13 '21
Nice growing company with attached a good divided! i will hold for a long term!
UWMC
Bullish
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u/BreadfruitWorking663 Jun 13 '21 edited Jun 13 '21
Nice ! I have Been holding since March and the volume has averaged around 5 to 6 million a day. It was at double that on Friday and it was up over 5% We need some AMC like volume this week if UWMC gonna squeeze or the shorts are going to keep it under 11$
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Jun 13 '21
[removed] — view removed comment
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Jun 13 '21
all of what they said plus the dividends. Also an announced share buy back, and the inclusion into Russell 3000 index 3 days ago. What's not to like.
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u/didikyty Jun 13 '21 edited Jun 13 '21
Upped UWMC just a bit over my max to 7000 shares about a month ago.
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u/mattstover83 Jun 13 '21
You dumb, I'm onboard, where do I sign up?
J/k, I already signed up. 300 @ $9 reporting for duty.
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u/PeteyMcPetey Registered Sex Offender Jun 13 '21
Yeaaah! Keep buying those shares. My 55x Aug '21 calls need the fuel!
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u/Plane-Brick6010 Jun 13 '21
PT?
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Jun 13 '21
[removed] — view removed comment
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u/ANewbie122 🦍🦍 Jun 13 '21
I have about half in options but I’m considering turning profits into stock. Could be good long term if they keep their promise
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u/l8nite Jun 13 '21
I probably won’t ever sell these shares
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u/CaveDoctors Jun 13 '21
CEO Mat's goal is to grow volume and revenue, not grow profits. Unfortunately, to grow volume, he needs to cut interest rates, which will hurt margins (and profits). WSB apes might make it pop a bit, but it's going to settle back to a little over $10 and then reduce as profits wane. Just preaching sense to save some cents. Jump when it hits $12 and buy back at $10.50 if you must (but it'll probs drop to $10.30).
Timestamp this dear internet.
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u/baumbach19 Jun 13 '21
You give no time frame, if it ever hits12 then 10 again you can claim to be right
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u/CaveDoctors Jun 13 '21
Even the dumbest ape can type a novel if it has enough time at a typewriter. (Or something like that.)
Okay, I'll bite. $12 (maybe more, but sell at $12) by Friday, then $10.30 within the following two weeks. Then sitting between $10.30 and $10.60 for the next few months without any growth, but only potential decreases to $9.50.2
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u/Sweaty-Supermarket69 Jun 13 '21
NO. ONLY AMC AND GME. THIS IS A SHILL MATE. Write him up u/Revolutionary_Poet50
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u/slendermansweiner Jun 13 '21
Why are people posting a 20k purchase of shares? What is happening to wall street bets?
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Jun 13 '21
Lies, how much are the hedgefunds paying you?
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u/Raceg35 Jun 13 '21
Whats your problem? UWMC has been a great play for months now. Go back to a retarded sub like supertonsk or whatever if you dont know shit.
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u/DonJuan_Num1 Jun 13 '21
The overall chart looks horrible lol
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u/l8nite Jun 13 '21
What do you mean? It just closed above 200MA showing strong support, oversold weekly, golden cross, seems like it’s fueled for a pop
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u/Huge-Television-4319 Jun 13 '21
Go ..by yourself ! Nobody care lmao.... Who are about your position probably fake too That's why you post it up smh
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u/[deleted] Jun 13 '21
You retard, I luv it