UWMC UWM Holdings Corporation - Ordinary Shares - Class A

$UWMC one day I want to have the opportunity to loose a half a billion dollars and talk about how good it is

$UWMC hey bull tards. Is this still the “loading zone”? Are you still “going all in on these tasty dips”? Are you still taking out a second loan on your trailer to “load the boat”. You realize how stupid you sound now.? Most pathetic group I’ve ever seen before.

$UWMC 200mm share offering. Theres no shame in this POS CEO. He's a royal cunt. And those of you sports worshippers that love hom and his shitty team need your head examined. Where's the DOJ when you need them. What an asshole.

$UWMC So Mat makes a deal with GHIV to SPAC out UWMC. Mat is immediately flush with cash. He installs a cash dividend so he can start sucking up as much of the investor money he can. He pays himself hundreds of millions of dollars every year. He boasts about how many straight quarters the dividend is paying. But then he buys a 4 billion dollar sports franchise and uses the SPAC to back up the loan. Whoah! Nobody told the retail investors this is where their money is going…to buy a sports team? Why not just do what your SPAC agreement says,mortgage lending…why is UWM all of the sudden leveraged to the max to buy the PHX Suns? Did the investors have a say in this? It’s their money Mat is using. Fast forward and dirty Mat is desperate bc cash is running low, (most going to his bank account) and he bets big on the Fed lowering rates. He doesn’t inform his investors, he just does it. Same as with the basketball team. Now he is a cornered injured rat. No one trusts him. Good job Mat.

$UWMC I think the registration right agreement is a positive. If prices go above $2 we can all participate in that. That would certainly be the hope, lol!

$UWMC can someone post a link to the most recent class action lawsuit. They are gonna go bankrupt with legal fees alone. This is a sinking ship and Mat is the only one with a life vest on.

$UWMC next earnings call should be entertaining af.. everytime ishbia exceeds expectations of how bad he is

$UWMC if i was ishiba id look over my shoulder every where i go in the future who knows whos lurking 👀

$UWMC remember when people were “loading the boat” and loving the “tasty dips” at $5? $4? $3? $2? Must I continue ? Stfu if you keep saying “bottom is in”. You’re a clown if you don’t see what’s happening. I keep laughing when I see people saying “seems safe here”, “easy money”. This is the biggest spac scam I have seen in my life. Wake up before you lose it all folks.

$UWMC At its current price, UWMC’s market cap is now below $2B (down 90% from SPAC). Ishbia owns a little more than half of UWMC. So his net worth in his wholesale mortgage company is about $1B. He owns 70% of the Phoenix Suns. They are valued at roughly $5B. He probably has $500M of debt left on the Suns. So his net worth in the Suns is roughly $3B. His basketball team is worth 3X what his wholesale mortgage company is worth. He also gave up quite a bit of control in UWMC to Oaktree. While Ishbia still has majority control, Oaktree forced oversight (two board seats and final approval on financial decisions) on Ishbia. My point? Keep this in mind if you’re long. UWMC is no longer Ishbia’s most important asset - and he isn’t in full control like he used to be. On one hand, that’s good - Ishbia can’t run the company like a petulant 8th grader. But it also means UWMC now matters a lot less to him than it did before…

$UWMC Not sure why people are still selling when Oaktree is Buying 200M shares at $2 and it’s Not going to the Free Float.

$UWMC Made all of my UWMC losses back, most of it on HOOD options and Hood/Bull shares. Good riddance. Mat is a POS, selfish scammer.

$UWMC Haven't checked this ticker in awhile. I saw the price and thought I'd typed it in wrong. Yikes!! And paused the divys too? Double Yikes!! I see there are still a few cult members STILL defending Mat, and blaming everybody and everything else. I remember all those Rambo memes from those who applauded when this thing dropped so they could load up more and collect those "tasty" divys. Once I heard Mat speak during an earnings call and him losing focus when he bought the Suns, I ran as far away and fast.

$UWMC might I offer this annology: Two men, majority owners of companies holding 50 percent or more, CEO's sit down in a high stakes poker game. Both loose a ton of money. At the end of the game, one is smiling and the other is not. The angry Man said, "Why are you smiling?". The smiling man said, "I played with investors money. You played with your money." That sums it up. Derivs directly impacted, dilution thru APIC stole value from investors.

$UWMC ~340m Class A shares ~1,260m Class D shares Total shares before dilution ~1,600m shares. Now: +200m new shares (offering coming up) +165m ($2 warrants) Total shares after dilution ~1,965m +23% dilution on average. There are also +165m ($6 warrants) but I wouldn't worry about that right now.

$UWMC dumped what I was holding before anymore bad news or a reverse split. Fuck this piece of shit

$UWMC The Ishbia family is dirty as hell. They knew what they were doing, which was ripping off investors with lie after lie. Mat is going to lose the Suns bc he was the biggest pig at the trough. He deserves the Enron treatment, put him in jail. It was all a SPAC scam… Oh and by the way, the “campus” is losing employees at a rapid pace. Nobody trusts the Ishbia clan.

$UWMC Without getting some rate cut love... This thing is stuck with it's latest news... And that's the CEO saying he doesn't hedge, while losing a half billion hedging.... It's really very unfortunate.

$UWMC Is this going to test listing regulations, and force a reverse split? Mat doesn't care, he's already milked this for billions.. Wish he'd go away...

$UWMC at least the usual shills have for the most part disappeared. Thinking about investing in UWMC? This stock will waste your hard earned money!