stockmarketcaster: how do we feel about our long $OPEN position?

Exited my position earlier this year.

A recession + housing correction was always going to be the test for that model. Curious to see if they can survive it.

co-founder stelo.com. theoretical cs phd dropout. into math, music, ml, macro, markets, surfing, writing amandhesi.net

Better than competitors?

My concern is that the whole model of ibuying (taking massive inventory risk) can break if the market crashes hard enough.

But if they survive the upside is huge.

They will do better in a difficult macro bc of data advantage