T&Gโ€™s Substack

T&Gโ€™s Substack

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T&Gโ€™s Substack
T&Gโ€™s Substack
๐Ÿ  $OPEN House Party: Meme Momentum, Real Estate Roulette & an Earnings Wildcard ๐Ÿ“‰๐Ÿšช

๐Ÿ  $OPEN House Party: Meme Momentum, Real Estate Roulette & an Earnings Wildcard ๐Ÿ“‰๐Ÿšช

Opendoor reports Thursday after the bell. After a 188% rip in a week and a volatility halt on Mondayโ€ฆ what comes next?

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Ben The Bull
Jul 22, 2025
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T&Gโ€™s Substack
T&Gโ€™s Substack
๐Ÿ  $OPEN House Party: Meme Momentum, Real Estate Roulette & an Earnings Wildcard ๐Ÿ“‰๐Ÿšช
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Opendoor ($OPEN) has become the GameStop of real estate โ€” and now itโ€™s staring down earnings right after a 115% intraday swing that made even crypto traders blush.

This Tuesday, July 23rd, after market close, the former SPAC sweetheart turned meme stock will try to convince Wall Street itโ€™s more than just Zillow with vibes.

Spoiler alert: No profits yet. But maybe vibes are enough?

Letโ€™s dig into the madness ๐Ÿ‘‡

๐Ÿงพ Earnings Snapshot
๐Ÿ“‰ EPS: Estimated โ€“$0.17 (because why not lose money in style)
๐Ÿ  Revenue: $1.5B expected (YoY flat, kinda sad)
๐Ÿ’ฐ EBITDA: Everyoneโ€™s praying for it to be positive
๐Ÿงฎ Estimize Crowd: Betting on a surprise profit (lol ok)

Translation: Itโ€™s not about the numbers โ€” itโ€™s about the narrative.

๐Ÿšจ Why This Matters for Markets:

Opendoor isnโ€™t just a dusty real estate tech company. It's a vibe. It's a retail momentum thermometer, a meme magnet, and a case study in speculative mania.

If $OPEN rips post-earnings, expect every zombie SPAC and penny stock to rally in sympathy. If it tanks? Reality might come knocking for the rest of the risk-on trade.

Plus: With 25% of the float sold short and Reddit on fire, weโ€™re one good EBITDA surprise away from another halting-circuit-breaking-supernova.

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