Jun. 20 at 8:17 PM
$LDI honestly if they cut rates in July this will instantly rocket 50%+. Did a little analysis on this stock and if we truely see 3 cuts this year and 3-4 cuts next year, LoanDepot will be at around
$12-
$15/share. Only 3 rate cuts since IPO so not much analysis to go off but charted the cuts and it bounced an average of 40-50% in the days following a cut. I really like this stock i think it’s heavily overlooked relative to
$RKT and
$UWMC .. very interesting under the radar play with very limited downside risk (maybe 20-30%) max. Stocks only trading at .25x revenue. I think this is a lowkey 10xer stock
