Aug. 14 at 6:54 PM
$RKT the setup is getting interesting. 👀
Redfin + Mr. Cooper dramatically expanded the tradable share base, creating a major supply reset and likely contributing to the post-deal flush.
Now price is stabilizing, money flow is improving, and that new supply may finally be getting absorbed.
The thesis: if float expansion helped drive the flush, absorption could set up a much stronger rebound than the market expects. 🎯
Personal thesis only — not financial advice. 🤓