Gores Metropoulos Inc (GMHI) News

Still holding. Turning out to be a good investment.

Cup and handle formed, will it run going forward! asking for a friend

Up 11% this week. Very good week.

Looking good so far. Still holding. 20% short interest according to fintel.

Started buying some around $6.50. I think when the Fed finally starts lowering rates this will move.

Looks like it might be a good long term
Hold at $7.

Ok….
Watching closely

ive got triple bottom here

12% divined

snaked_the_chain_grabbed 41 aug 19th 7$ calls for 4cents yo

got em at 3.47...

Hmmmm ... A Profitable NYSE company at 4.00 a share with a nice dividend and under 100 Million Shares outstanding ... I am buying ...

Shermann

This is a dog with fleas...the CEO has a bloated ego, and this one is headed in a downward spiral in 2022.

. https://www.prnewswire.com/news-releases/sundial-announces-share-repurchase-program-301422719.html $UWMC

sure this isnt going lower? too much dumping.

So they are selling more shares now. What the hell

This thing lost all eyes. It's got a divy, and business in the U.S. housing market.

People might still be shell shocked by 2008. It's a lifetime struggle to shake.


I want to be here, but just can't.. Only play in this sector is $COOP it seems.


Wish I had all the answers... Id leave and just do crazy cool shit.

Shares of UWM Holding (UWMC) declined 5.1% on Monday and slipped another 1.9% in extended trade to closed at $7.32 after the company reported lower-than-expected Q2 results. UWM Holdings engages in underwriting and providing closing documentation for residential mortgage loans. The company reported earnings of $0.07 per share in the second quarter, which missed analysts’ estimates of $0.08 per share. Markedly, Q2 results were inclusive of a $219.1 million decline in the fair value of mortgage servicing rights. Revenues of $484.7 million declined 42% year-over-year and lagged the consensus estimates of $668.3 million. The downside can be attributed to a 37% fall in loan production income during the quarter.


https://www.tipranks.com/news/uwm-holding-drop-5-1-as-q2-results-miss-estimates?utm_source=advfn.com&utm_medium=referral

Ishbia on Bloomberg now.

Feels like a good move, even under current market conditions. Gltu

Gap filled. Back in fellas FYI.

https://www.detroitnews.com/story/business/2021/06/10/uwm-says-itll-beat-rocket-mortgage-americas-largest-mortgage-lender-2024/7644819002/

https://twitter.com/arsenalprofits/status/1403110631046328322?s=21

About to hit 10 day avg vol!

Thing is going to push.
Got the calls loaded up

I'm waiting for the bell to ring!
Thanks for now!

I know what I will buy!!!

considering the substantial buy back, shorty look very bad!

Great breakdown and analysis!

What is your estimated pt?

MUST READ: This is not my material. This is from Reddit:

Also options contracts expiring next Friday represent nearly half of the entire available float, and 90% of the volume of those contracts is unhedged, meaning this thing is a powder keg waiting to blow.

There are 83.72m shares in the float. That's small. In fact, something like 94% of the company is owned by the CEO, with those 83.72m representing the other 6%. Insiders own 12.85% of that float and institutions own 24.50%, which together is 37.35%. For those of you who never graduated from elementary school, that's 31.27m shares, which makes the free float 51.45 million shares.

Of that, 11.88m shares are short (as of 04/29) which is 23% of the free float. That's important, but not in and of itself enough to squeeze. (Addendum: It is certainly higher now than it was on 04/29, because as of TODAY there are zero shares available to short).

Options volume for 05/21 is huge - between the $7.5 and $15 strikes, there are approx. 205,500 calls, all out of the money. Their average delta is about 10% (according to Schwab), meaning that as they become ITM, 18.5m shares will be automatically bought by brokers to cover those calls. This is a gamma ramp - it will happen linearly if the stock ticks upwards, creating a positive feedback loop of rising price until they are entirely hedged. At the same time, shorts must cover if the price rises (or must they?). That means that IF the price rises significantly, nearly 30 million shares must be bought in the next 7 days to cover - that's 57% of all the shares available!

Holy Moly.

Also on Wednesday the stock experienced an extremely sudden 10% surge (when everything else was in a multi-day freefall) and it hasn't gone back down.

UWM Holdings stock climbs after strong Q2 outlook, buyback announced

Source: Seeking Alpha
To read the full story on Seeking Alpha, click here.

OK I m in!
nice price!
tomorrow or the stars or the stables

A little more and I'm in!
Buy the dip!

Shares in issue 1.61B Float 80.94M


What is this dogg shit? Are the owners of this company compete trash, or am I missing something?


Seems like a debt hogg.

Been watching this one.. Anyone have a idea as to why its sucking towards the low?

Crossing my fingers that yesterday's intraday $7.18, a new all-time low, was the bottom. At that level, no one is making a profit. That doesn't mean it can't drop farther, but even today's closing price is mind-blowing to me.

Wow. How low is this gonna go?

That would be nice...tired of looking at RED.

Yeap. Bounce to 12 soon added today

Always nice to get in down here. Hindsight is 2020

Bag holding bro?

Fins out. PT 32 to 60

No worries. Next week we get the Russell index listing. Got to be Long or be Gone on this one. Gonna start popping every QTR.

POS ceo and his son

Twitter brokers calling in short positions in fear that the reddit trading crowd are going to run this stock up like what's going on in Gm,. E going nuts over three hundred bucks, and all the other ones also going nuts, Rk, T also running up big, there is no place for shortbags but the highway of pain.

Pack your bags shorties the reddit crowd is back on town, and they will pack your shortbags for you at a much higher prices if you don't flee.

If the reddit crowd shows up again this week, shorts will be in big trouble.

I hope you're right. Nice to see a day where it's moving up. Gotta break through this ~$8.65 resistance first.

Shortbags about to get run out of town with a beat down, they better start loading warrants to same themselves from more pain.

Where are all these shares that are selling coming from? This is ridiculous. One little spike on the 3rd and nothing but downhill from there.

Would love to see it close at least above yesterday's close. 2 hours to go.