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

it’ll be a choppy 2-3 months of poor margins as they clear out current inventory. key thing to monitor is how acquisition volume + margin trend next quarter as i’m sure they’ve substantially raised acquisition fees and lowered purchase prices to cover risk.

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I’m curious + nervous on whether sellers eat the higher fees / lower prices. if not then I’d expect some heavy layoffs to reduce fixed opex. if they survive reasonably well in the next 6-9 months, then I’m very bullish after.