Nov. 14 at 12:18 AM
$BLND
I’m still an unabashed BLND bull. I’ll admit it. I normally get this feeling about twice a year (that is, I feel the “tide a changing”); HOWEVER, and this is important, it usually ends in a kick to the nuts. So with that aside, let me give you my two pennies (for what it’s worth):
Nima is leaning more into their mix when he spoke on the EC. The faster they can grow the non-mortgage side, the faster operating $ and margin expand. This transformation has gone unnoticed, and it will until more whales enter the water, which could put pressure on Haveli (depending on their exit strategy). That said, I also like the CFO. Transparent and straight shooter. He speaks with confidence, and I am encouraged.
This is A GREAT entry at this level, and the OI in the
$4 and
$5 calls screams bull. Haveli is aggressively buying (again), and Brian Sheth is a BEAST. More whales will join in, which will also create pressure for Haveli.
More investor awareness. A must.
