UWMC is not on the final Russell Index inclusion list
We all got played my friends. UWMC CEO, Mat Ishibia is too stubborn. I read somewhere he holds 90% of the company. No wonder index did not want to get involved. If you want to hold 90% of the company you should have left it private. Why even go public?
Brace yourself for bagholding. If you ask me, you should be selling options on this confusing stock. Don’t get fooled into buying options. This one is not a stock for the beginners. You need to play intelligently. You need to play the strategies that pay you, not the other way around.
Here is who made it to the final inclusion list: https://www.ftserussell.com/research-insights/russell-reconstitution/index-ipo-additions
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March 19, 2021 at 11:18PM