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Sean HymanSean Hyman
Keymaster
Post count: 7046

I’m not sure why my response didn’t go through to you last night. Technology glitch, I suppose.

There are much better stocks to be in, fundamentally, than this stock. https://finance.yahoo.com/quote/UWMC/key-statistics?p=UWMC

They don’t keep enough cash on their books for me and their debt is multi-fold their market cap.

Also, they’re a new public company, trading for only about a year. Almost no track record. Much better choices out there.

You want to think of investing this way: I’ve only got X amount of money. So what are my best shots at making money with that money? That will lead you to the most fundamentally sound and most fundamentally cheap companies (it has to be both).

Also, I’d encourage you to set up your charts like this: https://logicalinvestor.net/investing-basics/how-to-setup-your-charts-2/

You’ll see more on that charts that way.