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    Redfin CEO threatens to “drink own urine” if mortgage rates stay above 6%


    Bullish?

    Priced in?

    https://www.fool.com/earnings/call-transcripts/2024/08/07/redfin-rdfn-q2-2024-earnings-call-transcript/?source=eptyholnk0000202&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=eef0d4ec-0407-4baf-a43d-70e32b9bd930

    Redfin CEO threatens to “drink own urine” if mortgage rates stay above 6%
    byu/Hunter2222222222222 inwallstreetbets



    Posted by Hunter2222222222222

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    28 Comments

    12. Ryanopoly on

      He’s probably one of those golden shower freaks, so this is everyday for him… not impressed.

    21. suddenly-scrooge on

      **Glenn Kelman** — *Chief Executive Officer*

      Great question. Plan B is drink our own urine or our competitors’ blood, stay in the foxhole. I don’t know if you remember, but the last earnings call ended with me singing a line from a Who song, won’t get fooled again, where I had said we’re not banking on low rates when other people had thought they might come down. I don’t know.

      I’m just very, very seasoned and ups and downs in the housing market. If it comes, it will be upside — we’ve built a model that’s more resilient, so we don’t have to hire a bunch of salaried agents in advance of that. We’re ready to take share if the market grows, we’re ready to take share if it doesn’t but we’re not going to ease off.

      **Jay McCanless** — *Analyst*

      OK. That’s all I had. Thank you.

    25. c_cristian on

      I also heard someone famous say he would suck his own rooster if bitcoin doesn’t go to the moon. 

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