- Price is down 85% from the top at $22
- They have been dumping equity stakes onto their own agents for 2 years as a voluntary alternative to paying out commission. Many people have been burned leading to a class action suit (several over their history)
- They have 3 quarters of cash left
- They are doing mass layoffs of 450 employees
I'm not giving away my price targets this time.
not gonna lie their exec team sounded less than confident in themselves during the earnings call
Trade closed manually