I have recently become interested in this stock. People who talk about cars (not stocks) on youtube do not say good things about CARVANA and cannot believe that in a car industry making an average of 7K per used car is possible. After the recent report about CARVANA accounting practices and its drop, it seems that investors like JPM have become worried and tried to do a short squeeze. I believe it will be short lived and we should see the stock to start to drop further. P/E is about 20000.
Dude, we're not going to sit here for 45 minutes watching your videos about a stock that you can't even describe to us.
You are right. They are lengthy and not direct to the point. I sent the link as a reference. The best document is the hinderburg research report.
Also I dont rely only on one specific report. I add them up and use my brain and 30 years of trading experience.
I'm not going to research that either. I'm not going to do any work that you want me to do because you want me to believe this stuff that you want me to believe because you are too lazy to describe to everyone yourself
A couple of weeks before Hindenburg came out with their report Reddit started getting spammed daily with CVNA hit pieces. The thesis is the same argument used from $20 to $260. Best wishes with your trade.
Keep CARVANA stock under your radar ---> Short CARVANA stock under your radar When is it going to $10 again?