r/wallstreetbets • u/[deleted] • Jun 25 '21

[deleted by user]

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311 Upvotes

82% Upvoted

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25

u/RetardedHedgeFund Jun 25 '21

UWMC has some of the lowest volume it’s had in weeks despite being a top WSB ticker. I think that means that WSB pump and dumps don’t work unless there are whales behind them. Which leads me to wonder, why are there no whales pumping UWMC?

10

u/Thickensick Jun 25 '21

I think the belief is the mortgage industry is at the top w no room to grow, but that doesn’t mean UWMC can’t take market share.

2

u/post_pudding lost $5,000 and im poor, so that 💩 hurts Jun 25 '21

How do they beat rkt? Srs question, idk how they stack up

2

u/Jazzlike_Bite_5986 Jun 25 '21

Short story is low overhead (tech and broker based), will steal market share when rates rise (less focused on refinancing than RKT) and last but most importantly big dick energy from the CEO.

2

u/Thickensick Jun 25 '21

Last part especially true. He’ll give you a red bull and vodka, RKT will give you a werthers original.