The UWMC stock bounced on Friday to $1.40 vs $1 a week before, but can the markets move to the key threshold of $2 given the limited disclosure and some inconsistencies that we discuss below? The contrarian in us thinks that there may be more upside in UWMC that many realize, as we discuss below, but remember that this is a non-bank mortgage issuer that is in the process of making significant operational changes.
