Eric Jackson, associated with EMJ Capital, has been actively promoting the stock of Opendoor Technologies Inc. ($OPEN), which recently surged from 50 cents a month ago to higher levels, sparking optimism among investors. Jackson has described Opendoor as a "cult" stock with the potential to reach $500 per share. He has been conducting a public campaign outside rapper Drake's home, urging him to buy a share of $OPEN and feature the stock in his music, despite Drake being on tour in Europe. Jackson highlighted Opendoor's supply-side advantage and suggested that expanding assumable mortgages could address demand challenges, particularly among millennials. He plans to discuss $OPEN and the "$OPEN Army" on Bloomberg Business soon. The campaign has drawn attention within investor communities, with Jackson emphasizing persistence in promoting the stock while Drake tours internationally.
Yeah, haters, I get it: Drake’s on tour. Exactly. That’s why I’m here every day holding it down in the 6 while he’s running Europe. God’s Plan doesn’t happen overnight. Day 2. $OPEN 🚀
Drake in Stockholm 🇸🇪 Me in Toronto 🇨🇦 Both on tour. One of us filling arenas, the other outside his house. Day 3 of the $OPEN campaign tomorrow.
$open @ericjackson https://t.co/jOnYy5KYfR