Why Opendoor’s Stock Dip Isn’t the Bargain You Think It Is 💸

Opendoor’s business model? Flashy algorithmic offers, slapdash renovations, and praying the next buyer is dumber than the last. It’s Monopoly money meets real-world chaos. Sure, their Q2 numbers had investors swooning-$1.6B revenue, $23M adjusted EBITDA-but let’s not forget the kicker: contribution margins cratered to 4.4%, inventory’s still bloated with stale properties, and guidance for Q3 is a dumpster fire. They’re not a company; they’re a roulette wheel.





