Real Matters Inc T.REAL

I’m a bull but not forever

[Realmattersbull]

The clock is ticking on real matters.The company is wasting valuable time and everyday they waste waiting for covid waivers to end and get back to normal is a loss to shareholders.
By far in the USA,which is 90+% of reals revenue,the most popular mortgage term is 30 years.The amount of home owners who have refinanced in 2020 is huge.average refinancing numbers in 2019 and early were 1 million per week according to the refinancing index,released every week.in 2020 those numbers are 4 million per week.obviously 4x volume.needless to say with rates this low owners are locking in now,not only to get lower payments but also because rates will go up eventually.yeah yeah,not even thinking of thinking of thinking was the tag line but as I stated,MOST mortgages are 30 year terms...........30 year terms gang.soon in the future,volumes will drop again and volumes will then be below average volume because everyone already has refinanced for 30 years.
All say here including me that real matters future looks bright but does it really.their best time is now and Covid has both made volumes high,but waivers have capped the profit rise.its only a matter of time until the volumes drop 4+ times below now and so does real revenue.
This is why the stock has crashed gang.the last quarters were reals big chance and they failed not because of the company but because of circumstances beyond their control.2021 is reals last chance.even if they come out with new revenue streams or buy new companies they have a huge problem that the core company is headed into a time of low volumes.
I will sell out by end of 2021.hopefully with a profit.
In the long term 2 to 10 years or more,the future is bleak.
I was tricked by the high volume and low mortgage rates,but there’s been a cruel joke of real life circumstances that screwed real matters future growth.
I know it’s hard to admit,but it’s the truth.
What made us all buy real matters stock is the same thing that will destroy future growth.it all came at once,and waivers took what should have been a huge tidal wave of profit and turned it into a ripple.if you get your money back or make a profit good for you but don’t hold on too long.

[sunshine7]

You make some good points making use of the limited information and risk assumptions we all need to use. What brings me comfort is the $3M invested by insider on Nov 24 at SP similar to today as he has a bit more information than us.

[VueConnect]

Are you suggesting the company is withholding information. Interesting basis for decision making.  Follow another.

[VueConnect]

Meant to add the same buyer sold 270000 shares for 8 million back in August. Buys back 250000 shares this month for around 4 million. Pockets 4 million. Did you sell back in August? Filed 2020-12-04 15:57 Tx date 2020-12-03 $CIX CI Financial Corp. Holland, William Thomas 4 - Director of Issuer Direct Ownership Common

[sunshine7]

i did not own until very recently but your point only reinforces that he makes good trades. I bought when he did.

[VueConnect]

Yes, it may be timely to re-enter using that decision making pattern (monkey see, monkey do) From a risk perpective the purchase was with relatively free money (last 90 days), he can lose and will still be ahead (even more so as a tax write-off) Fascinating. The brokerages still keep promoting $35 - $40 upside - all while he sells and buys?  Wonder what reasoning decision pattern they are

[sunshine7]

NOBODY invests $4M without an expectation of capital appreciation and i think he knows more than you or i so ya, i follow.

[VueConnect]

Yes, I understand. For the most part I follow these moves as well. Just trying to figure out how such a growth story has broke down and why I didn't see the signs. eg. what was the basis for holding. Anyway thanks for the convo.

[Realmattersbull]

Good points gang.i keep wondering why he's the only one buying.i talked to management and she stated that insiders had to sell in August and September because their options were expiring.that makes sense but if they sold at high of 30+ dollars then why not buy at these 19 dollar lows.also I asked about extra Covid costs that may be reason for drop in profits even though revenue was up in last

[Realmattersbull]

Oh by the way .eps is up as we all can see that,but if you look at yahoos bar graph profit is down considerably in last two quarters.in mar report they had close to 20 million,June was not even 10 yet revenue was up.i know it's a bar graph but it's easy to visualize.