Aug. 14 at 1:32 PM
$BLND TIRED of the constant bitching about Nima and the team. Gimme a break.
Clearly they failed to drive shareholder value since the IPO. But if you bought into the thesis then (most of the loudest complainers are still holding that post-IPO bag), why aren’t you buying the same thesis now and DCAing?
I believe in Nima, the team, and Haveli’s backing. Trading is as much about asymmetric risk as anything else. At this price this is a no-brainer. Run your own DCF on the fair value of the business….it’s worth 2x right now without BLND changing a single thing.
They cut costs hard, simplified the business, and pivoted into agentic AI. Autopilot wasn’t even discussed a year ago. Now it’s live, processing tens of thousands of loans, cutting cycle times, and already signing real deals.
This is what actual execution looks like while the mortgage market is still in the mud. BOBWILL keep buying.
