$OPEN is a fascinating company. They have so much going for them, but the balance sheet terrifies me. I'd expect sales to explode next quarter with the rate they were buying inventory. Guidance is either low or their days on hand is high.
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Joshua Simka's avatar
@fatbaby, this is one to monitor closely. It's going to come down to execution and quick turnaround. I'd like to see $OPEN taking a page from $RDFN's book with a diligent, conservative approach to iBuying.
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Conor Mac's avatar
Do they also use a subsidiary to handle the credit on I-Buying like $RDFN does?
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Joey Hirendernath's avatar
What is the main difference between how $Z and $OPEN do I-Buying? Like why can OPEN do it well, but Z had to close it?
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