This was posted in another WSB Post (not by me). Good you got out when you did, assuming it's true: Look, I love a good pump as much as the next guy... But by doing some basic ass DD, I found some interesting things in the [Opendoor 8K](https://www.sec.gov/Archives/edgar/data/1801169/000114036125019770/ef20049190_8k.htm) from Spring, that could severely disrupt this little meme stock gravy train for everybody. Rewind to last May... Opendoor basically took a small portion ($245m) of their debt @ 0.25%, due 2026, and converted it to 7%, while adding another $75m of new debt at the same rate, all due 2030. That's what every healthy company does, right? RIGHT?! I digress... So now we go check out [Exhibit 4.1](https://www.sec.gov/Archives/edgar/data/1801169/000114036125019770/ef20049190_ex4-1.htm) in of the 8-K. To summarize: Within this note issuance, there is an option for shareholders to convert their debt to shares (637 shares / $1000 debt... so $1.57 share price). This was an 80% premium at the time of the issuance (82c/sh). BUT... if they were to convert and sell at $10 (current price, more or less), then that is a 1,220% premium on share price (compared to issuance) just a few months later. Or at the basic debt:share sale ratio @ $10, it would be 6.37x. The condition of this debt to share conversion is that the stock price must be 130% above the conversion price for at least 20 days (non consecutive) of the 30 consecutive trading days ending each quarter, STARTING with Sept 30, 2025. So if the price is above $2.04 for any 20 trading days between August 19th and Sept 30th, bond holders can immediately convert shares starting 10/1. (This condition has been met as of Tuesday.) According to my math, that's 204,574,416 shares immediately convertible to shares. With this dilution, their 7% 2030 debt is gone (300m of their roughly 2.18bil total) and they now have 28% more outstanding shares out. So the question is... it would be kind of crazy for a company to choose 7% over 5 years rather than 1220% over 5 months, right? What % of debt holders will convert these notes Oct 1? What effect will the immediate dilution have on (a) share price and (b) short float? Obviously, Opendoor managment knows this. Will they register for their own offering and add dilution before 10/1, as a race against their debt holders diluting their stock before they can add more to the coffers? We'll find out in the next 2 weeks! And yes, I'm regarded and jumped in front of a moving freight train with a position - 100x 10/17 $6p

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A woman is very afraid of the size of her opening. So she goes to her mother, she says what am I going to do I’m so big down there when I marry Harry he’s going to divorce me. Her mother says don’t worry sweetheart it runs in the family, do what I did when I married your father. Go to the market, get some raw liver, put it in there he’ll never know the difference. So she does. They have eight hours of sex after their marriage. She wakes up at 10 o’clock, he’s gone but there’s a note on her pillow. It says -: “My darling Harriet. To think that I waited a year to consummate our loving relationship makes my heart beat so loudly I’m surprised it didn’t wake you up. The only reason I’m not here now darling is that I’m at work to make enough money to buy you a house, a picket fence, we’ll have dogs and children. When the 5 o’clock dinner bell rings I will be home like the winged Gossamer of love in your arms. Your loving husband, Harry. PS. Your cunt is in the sink. PPS. Gamma squeeze $OPEN

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The markets love to rotate to currently-trending stocks and themes, to ride a potential wave of momentum when they feel others might have topped-out for a bit. On that note, it's probably not a coincidence that stocks like MSTR, COIN, BITF, BMNR etc are all gaining momentum in tandem, while bitcoin is up 10k over the last couple weeks.

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On another note im one order away from free breadsticks from pizza hut

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I saw someone point out that the mortgage rates went up today lol (note I have not verified this as fact)

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So yesterday, the first move was fake, the second move was fake and gay, and the third move was the real move? Just taking note for next time. And today is just a continuation of the very legit 3rd move?

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On a serious note, why is this bullish for Nvidia? I understand for intel

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On a serious note, why is this bullish for Nvidia? I understand for intel

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He found a note in a wendys dumpster.

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Oh u/unhappyreach_ and u/bikkhu42 take note of correct usage

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