$GameStop(GME)$ $Carvana Co.(CVNA)$ $Opendoor Technologies Inc(OPEN)$ ππΈπ Whale Signals and Meme Rotation: The New $OPENβ$CVNA Parallel? ππΈπ
EMJ Capitalβs Eric Jackson was early to $CVNA and now calls $OPEN a β100-bagger.β That thesis ignited retail flows, triggering a +110% intraday breakout before a volatility halt stopped trading in its tracks.
The circuit breaker freeze was followed by a violent retracement. But before the halt, whale flows were all-in. $741K swept into $2.5 C 08Aug25. Another $1.2M went into sold $4 puts. Sentiment was explosive, and so was positioning.
The rotation story now depends on whether $OPEN can reclaim $5 and base. If it does, this may be Act 1 of a longer revaluation arc. Just like Carvana.
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- zingzyΒ·07-22The hype around $OPEN is real! If it reclaims $5, this could be just the beginning of a major rally.LikeReport
- MariaEvelinaΒ·07-22Thatβs an intriguing strategyLikeReport
