- I published my cautious article on this name and then the price spiked almost immediately because of course it did. Shares then fell back to Earth. The relative underperformance has me intrigued.
- The company continues to grow owner wealth very nicely, and now the shares are trading at much more reasonable valuations. I'll be buying a couple of hundred shares.
- Most of my bullish take here will be via selling deep out of the money puts on the stock. The premia are too generous to pass up in my view.
For further details see:
Changing My Tune On eXp World Holdings Inc.