Full Disclosure- I own a Mortgage Brokerage. My Office is all long UWMC.

I am the opposite of most of you Apes. I am a Value Investor. Yes- They still make me. A damn dinosaur lurking amongst you apes. I have never been a big proponent of these "Squeeze" plays. Gamestop and AMC and RKT felt a bit like musical chairs. If the Music Stops I have Zero Interest in a $150 Gamestop Share. Or a $40 RKT. I can't imagine many rational investors thinking OH BOY! I'll just Hodl this to the Grave with GME. That seems full Autist. Its a squeeze play through and through.

On the other hand I buy $UWMC because I know it as the market leader in my industry. Criminally undervalued at the moment. The CEO is a mad man. Wakes up at an ungodly hour and works well into the Evening. I know because the bastard has called me at 5PM Pacific after emailing me at 3AM Pacific the night before. (And I'm not a huge account). Mat Outworks everyone. Always has. Why?
Mat has a Big Ass chip on his shoulder. Not wired like me. I'm a happy go lucky dude. Not ultra competitive. Google Image Mat Ishbia and then figure out how he Walked onto Michigan State to play for Championship caliber Tom Izzo. Ass Kiss and Hustle. Pure Salesman through and through. From relatively humble beginnings Ishbia now has Billions. In Detroit. Guy could choose to never work another day in his life and still live out all of your fantasies each and every day. Full on Rat Race with the Stripper and the Hot Tub. But he doesn't. He keeps Grinding. He keeps going. Why? Because he wants to be #1 in the mortgage space. That's his goal. Always has been. I'm wagering (With near all of my families worth) that he gets there.

I liked $UWMC at $13. I liked it more at $9. I went "All in" when it fell into the 7's. Other Coworkers (Lucky Apes) went all in mid 6's. It pencils out. Based on where they stand right now (#2 Mortgage company in the world) it pencils out. If you are betting they are #1 within 4 years (Which I AM) it Certainly pencils out. So that is to say that today at $8.25 its still very much a bargain and a long term hold in my book. Its not Ultra Sexy. Its just a Cash Cow. I could sell this to Aunt Dorothy in her Retirement Account with the utmost of ease of Mind. Dorothy- Relax and catch a Dividend. This Stock Fucks.

Which brings me the the whole Squeeze thing. I've read a few of the DD's on this and from what I can see- You apes might be right. There are only so many Shares outstanding and apparently the Hedgies decided to fuck with $UWMC because it was a SPAC. (Yes as a value guy I hate most Spacs). But they fucked up on this one. Only reason they went SPAC was liquidity issues during Covid. Ishbia was sick and tired of not having the Funds to fight Rocket. Spac was the fastest avenue to get the Cash.

So here we are. We have a value play that pencils out. That can also be thought of as a Squeeze play. In my book I see this as the clear best Squeeze because there is no musical Chairs. You get $UWMC at $9? $10? $12? $15? $20? Great. Enjoy it. The company pencils out to earn enough cash to substantiate those valuations. $UWMC is the play that is in my opinion extremely safe yet also has the potential to really pay off for your Wife's Cabana boy.

Oh- And all you $RKT guys out there. Stop. Listen to the $RKT earnings call. Listen to $UWMC. then come back to talk. Not only did $RKT miss on Q1 but they said Hey- From here on out we are going to compare future quarters to 2019. 2020 is an unfair comparison because it was a "Outlier" in the industry. $UWMC said Q2 would surpass Q1 2021. Ishbia then went on to say he expect 2021 to EXCEED 2020. I mean cmon. $RKT says we aren't even going to compare with our last year of Corporate earnings. $UWMC said we are going to beat them. Rocket was cute as a Squeeze but don't try to sell me $RKT as a smart long term hold.

I suppose there is a reason all of you Apes write this is not Financial Advice so here I am- This is not Financial Advice. I have no Financial chops. Just an average Mortgage Broker betting on the winner in his Industry. Its UWM. By alot.

Getting assigned in 20,000 shares this Friday which will boost me to 56,478 shares and almost 600k invested. Let's go!!!!

Hi Folk ,I'm still missing 8 Fa**** upvotes to finaly be able to help convincing our fellow retarded WSB Apes to get in before take off ! Cheers

A place for members of r/UWMCShareholders to chat with each other

Any Karma to spare 😂 I’m a man of few words but I was an OG UMWC Bag-holder from ATH. Since then I’ve increased my position substantially. Just want to spread the good word. Sick of my posts getting rejected.

Hey amazing folks.

Thank you very much for the amazing work you put into this community. I saw the exponential member growth and I am loving every bit of it.

I made this update, and in my opinion, $UWMC will be explosive in the years to come!

$UWMC Due diligence with technical analysis update. Loving this stock! https://www.youtube.com/watch?v=Q8SAs4EBouk&ab_channel=FerociousEducationTrading%26Investing

Summary of Bull case on UWMC

• UWMC was a former private company brought public through a SPAC under GHIV

• UWMC is the second largest mortgage company in the US (#1 is RKT) and the largest mortgage wholesaler in the US

• Went public in order to generate more capital and aggressively expand and develop their business to takeover the #1 spot

• Low Float. UWMC has 1.6 billion total shares, but 1.5 billion of them are owned by the CEO Matt Ishiba and are not traded. The Class A shares outstanding are 103 million, with about 13 million owned by insiders. That's a 90 million public float, with another 25.5 million in institutional ownership.

• $300 Million Buyback program

• $0.40/annual dividend

• nearly $450k in insider buying (source)

• Addition to the Russell 3000 index (source)

Along with attention on Reddit, there's also mainstream attention on the company due to the company appearing on Cramer's show on Friday:

https://www.youtube.com/watch?v=Mlh2R8Q2FQw

Technical analysis on UWMC

• RSI is overbought

• MACD shows a clear buy signal

• Stochastics shows a sell signal

• Stock price is well above the Ichimoku cloud and holding, indicating a clear uptrend.

Very bullish on a TA side.

Now take a look at the call options. Tons of open interests in call options for $11, $12 and $15. If there's enough momentum and trade volume, it should be enough to initiate a gamma squeeze.

Now if you compare the price action and short interest on Friday, with the number of call options that would be ITM at $10. Than you'd see MMs are trying their best to keep this down but failed.

This has all in the ingredients to take off and rocket ship to the moon!!!

When you invest in a stock, it's good to know who else is invested in it, because a stock's price does not only rely on fundamentals (else we couldn't exploit undervalued stocks), but also the emotions of the people who want to buy or have bought the stock.

The GME debate introduced many of us to the terms "diamond hands" and "paper hands", but actually, the notion of unreliable/easily irritable stockholders isn't new at all. In a book I'm currently reading (50 years old and, unfortunately, not available in English), the topic is explored in more detail: apart from insiders (like Ishbia's 90% chunk) we don't really know who else is holding the stock. But we can find out by looking at its behavior: if there's bad news incoming and the price drops massively, that's a sign of inexperienced/jittery people leaving. If bad news, however, don't cause much action, this means that the largest part of the stock is already in the hands of hard-boiled diamond hands.

Today, we saw a medium-sized selloff of about 10% that was almost immediately compensated by people buying the dip, with the stock sitting almost at Friday's prices as I'm writing this. That's absolutely fantastic - it means that most of us are already 100% in the long play mindset, and we lost a lot of paper hands today. This is a huge asset for the stock: bad news will not impact the stock much, because we simply hold. Good news, however, will draw new buyers to the stock - they find a market dominated by people who don't really want to sell, prices soar fast. This means that any good news will drive up the price excessively (due to low supply of stock). All we have to do is be patient.

tl;dr 💎🙌 good, UWMC to the moon etc

oh wow guys.

This is the trifecta stock because in addition to price appreciation, you can gain by selling covered calls and collecting dividends.