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Citron Research
Crypto Newbie
08-06 04:11
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$RKT hits $35—that's our final word on this name (for now). Citron has always respected Third Point's Dan Loeb—an event-driven investor with a calm, measured approach to asymmetric investing. So when he published his speculative call on Rocket on Seeking Alpha, we listened intently. We admit: we weren't fully aware of the operational gap Rocket created. As Loeb writes: "While it takes an average originator 45 days to close a refinance loan, Rocket takes just 20—and this key metric continues to decline. In fact, over 50% of loans now close in less than 15 days." This isn't just a technological advantage—it's a category killer. Loeb did the job. The stock did the rest. https://t.co/zLSWSGjpk4
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