"... the company recorded a $75 million "gain in the fair value of Carvana's warrants to acquire Root common stock." The Root, the Root, The Root is on fire. WTF is Root?
Ug,please dont mention ROOT. I made a fat finger mistake on that stock back in february I'm still digging out from.
CVNA is a joke. Company will eventually feel the pinch as buyers step away, I can't understand why anyone would be paying as much as they have been paying for used car prices, they are finally coming down and the hype of car flipping is just about over with. It was a short squeeze on the stock to see it up nearly 40% today.
My favorite part is haggling with those slimy dirt bag pieces of garbage sales guys on the dealership floor. All those guys are just filth, them and oh yea real estate agents. Those scum bags lie just like the rest of them.
%% USING Peter Lynch[Fidelity Magellan] principle , those are not my buys on CVNA chart= I never ever even saw a CVNA dealership Good way to get your gamestopped , so to speak, ignore a stampede. When I do inverse trades[aka short profits I like about 500 or 100@a time , ETFs, out by sunset. NOT sarcasm, +inverse ETFs = ''NOT suitable for most investors''
There has been strong interest since 2022. Cvna chart is one of the most beautiful chart in the world. Up it goes. How high will it goes? No idea