Reddit Posts
CVT YOLO: Glideoutside is a steely eyed missile man
DD: My $1M gamble that $ZM acquires $CVT and announces the deal in the next 6 weeks
Mentions
I loved my 2010 Nissan versa. Thing was fucking unkillable. Fuck fuck fuck Nissan Altima CVT. A month from now, when the parts are shipped and installed, I'm trading this bag of shit in for a Mazda 3
Damn Willow a CVT expert.
its because you are suppose to drain the CVT fluid, even though they say you arent. i had a '16 versa and the engine was sttrong but the CVT was always a piece of trash
Transmission blew but it's under warranty. Man Nissan CVT transmissions are awesome. They go like 35k miles then Nissan pays for a new one  my unhinged vix calls helped cheer me up
Those are interesting results. Perhaps it's from there not being enough data on the long term duration. I do agree that it would take several years of ownership for the savings in gas and maintenance to balance out the purchase cost. At least where I am, electricity is dirt cheap compared to gas, and my gas sedan could in theory last to 200k+ miles (at 110k currently), but there is a risk where the car would be totalled if a certain part failed (CVT in Nissan, oof). In many cases though, if efficiency in cost and mileage is the goal, one is probably best off getting a used Prius. Hard to beat for the value there, but it's also one of the most boring and soulless cars ever made.
It's great that you're so close to the point and went right by it. The romance vs. reality with EV's is greatly contrasted, they simply are not as ubiquitous of an answer as we once thought, and the lithium ion batteries are terrible for the environment. With the very clear signs of climate change, combined with us entering El Nino weather patterns, people are going to get serious about the environment, it is beginning to affect the wealthy, and they simply can not have that. Toyota is the only game in town that has been working on this consistently. You'll note a similar relationship with the quality of their CVT transmissions (which they pioneered) and their competitors. What will happen, is other large and established auto makers will do their best to make their own version, throwing resources at it until it works. LUCID is not going to be able to do this without completely changing platforms.
See, problem is people buying used cars. Barely able to afford the car. Then..... Maintenance issue happens. When Becky's Altima on bald ling longs, gernandes the CVT transmission, she ain't making her payment. Now Santander has to hire a re po guy. Get the car. Right now the default rate on sub prime customers is the highest it's been in 15 years. WSJ had an article couple weeks back. Lady buys 10 year old BMW for $20k. Engine goes. You think she's paying that loan?? See, it's the cost of insurance, gasoline, food, that's contributing to this mess. It's a macro economic event.
I’d just like for you to rethink what you’ve said knowing this is Mitsubishi’s current lineup. Introducing the Mitsubishi: [Mirage](https://imgur.com/a/kQXZKkJ) [Eclipse Cross](https://imgur.com/a/0iB43ZY) [Outlander (Hybrid)](https://imgur.com/a/twBxYZA) [Outlander Sport](https://imgur.com/a/MsiGE3L) Ugliest shits to ever exist. They all have CVT transmissions as well. Just overall piles.
>CVENT TO BE ACQUIRED BY BLACKSTONE FOR $8.50/SHR IN CASH $CVT ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-03-14 ^07:46:36 ^EDT-0400
This is such an old 90’s mentality. Just read about their new 3.5 turbo in the tundra and Honda uses mostly CVT’s now. I mean even Toyota uses a BMW platform in their Supra now, 2JZ days of over engineering is long gone.
Honda needs to dump CVT transmissions. My '15 Civic has been great (currently at 105k miles, with only wear-and-tear repairs), but there's always a voice in the back of my head asking "how long is that CVT gonna last?" I'd rather have a good 6-speed stick or traditional auto. Their SUVs with CVTs are slow as dirt and that extra bulk will undoubtedly lead to decreased belt life in the transmission.
DeSPAC Cvent (CVT) rejected unsolicited $8/share bid from Blackstone https://www.reuters.com/markets/us/events-software-vendor-cvent-rebuffs-39-bln-blackstone-bid-sources-2023-02-24/ Not sure if anyone still in it, former DGNS SPAC Might attract other buyers, or improved bid.. Good luck
>CVENT HOLDING CORP REJECTS $8 PER SHARE ACQUISITION OFFER FROM BLACKSTONE INC -SOURCES $CVT ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-02-24 ^12:50:12 ^EST-0500
Sounds like me wringing out my 1.6L CVT to it's limits lmao
It is recovering now, and PUT options have dropped to .30 for Jan expiry (effectively a loss for anyone who bought it above 0.35). If it drops between now and Jan, then it is a decent gamble. But it is risky as in the past several de-SPACS have never sold off (CVT for example, everyone expected it to go down following Buzzfeed, but it never did).
That's true of almost all of them. Dealers are a den of thieves. Not limited to electrics, aside from pickup trucks and muscle cars, Hyundai -Kia is running away from the competition. Detroit walked away from the mainstream car market. Chevy is still selling Malibus last resigned in 2016 - a lot of them - because people need cost-effective cars. But once past the false advertising for a cheap lease GM dealers want a very high payment. That's literally the only mainstream car GM makes - the only one and it's being starved. Ford is the same with the Fusion. Detroit's replacement SUV push? DOA. They're subpar across the board. Meanwhile GM is full of promises. GM is advertising amazingly unavailable next-gen EVs that aren't available. Care for a Bolt from 2016? GM promises that the upcoming next generation of ICE mainstream SUVs will be good finally. Sure it will. Meanwhile the Japanese price mainstream as luxury. Honda wants $30,000 for a base Accord with a CVT and 1.5 turbo. Detroit and the Japanese think mainstream buyers will pay up for less? Nope. Instead, they're looking elsewhere. Into the vast, abandoned mainstream consumer market walks Hyundai-Kia offering a full range of mainstream cars and SUVs for less money. To overcome their 1980s QC reputation, they offer a great warranty. What's this development got to do with EVs. All that revenue from all those ICE vehicles seems to have been reinvested into -beating SUVs that are actually on the market.
CVTs are hot garbage. Not only are they objectively worse than conventional automatic transmissions, when they fail, they fail hard and are more expensive to fix. Honda is all CVT. But hey, you get that 1-2 extra miles per gallon, so it's worth it.
Oh, those CVT transmissions. I had an experience with that as well. My wife had a Nissan Altima and the transmission went bad at like 80,000 miles or something. I couldn’t believe it. Had to replace the whole tranny. Yeah, a lot of these dealers are freaking parasites. That bait and switch shit is nonsense. And they wonder why people walk out.
Did anyone do a wellness check in $CVT Cvent DD guy who had that million dollar play for November?
Tesla will bankrupt legacy auto. We paid cash for our Model Y and plan to drive it for 20 years or when the battery dies. We hate car payments in general, my other car is a fully paid off 2015 honda accord still going strong. Shitty CVT transmission but hey it still runs fine, will drive it until it dies too. ​ I hate dealerships, a Honda dealership in summer of 2020 lured me by lying about a 5k off promotion they had. I called and the car sales guy said he would honor it, got there and test drove and when we were talking price they would not honor it. Then he had the nerve to get his manager to come out and tell me that I was unreasonable to ask for 5k off, even though his sales guy lured me to come based on that deal alone. The manager literally told me that the Honda Pilots were selling themselves and dont need my business. I told him that we'll never buy from this dealership again as I've done in the past and this time buy a Tesla. Car sales guy told me, its a dream to be able to afford a Tesla Model Y, I told him you should have bigger dreams, mine is the roadster.
Not even close. Volvo produces luxury at some trim lines. Subaru pushes out CVT driven plastic crap.
Remember that guy who bought a $1 million of CVT based on speculation Zoom might buy it? His thesis was, "because Zoom is using CVT's product, a product competing with their new conference product, that's because Zoom's product sucks and they need to use their competitors product as a base" or something like that. So, they did not buy out CVT, yet they were still using its product to get users to sign up for their Zoomtopia or whatever the fuck. I would say Zoom is a hard short at this point because their new product is so bad they don't even use it
If it’s going out anyway try changing it. My Mitsubishi shit fuck CVT slipped at 170k my moms outlander is doing ok and she had hers changed. It’s a toss up though could fuck it up more like other ppl said
they better buy CVT 
ZOOM you better announce that you're buying CVT after hours, and this stock better fly
Did the same on SaaS but didn’t take any actions at the time. PS as well. Was just nuts. Some in my list include: WKME VRM LWLG BILL FUBO (not pure tech) ARVL CVT IT DCGO UPST 100+ more
can CVT get some volume? I want out of this shit
Yep calls sounds good. I hope your call hits. I am selling puts on CVT. Love your plays. It is the best idea. Best options idea. We MOON. We FLY. Zoom Acquires
Company|Cvent Holding Corp ($CVT) -|- Current Stock Price|$5.4 1 year|NA 5 years|NA 10 years|NA
There's some CVT's that identify as automatics, let them be
It is a shit business though. Unlike say their campaigns against something like CVT. They may also need to raise capital soon so potential dilution too.
Hey uh u/GlideOutside what’s up with CVT? 10% jump on (seemingly) no news.
CVT flat premarket in this bloodbath, what an asset!
Interesting you’re the CVT guy, I knew I recognized your flair
There's a guy that bet a million dollars yesterday on $CVT being acquired by Zoom. Essentially he's counting on the price to rocket. No options, straight equity. Inverse that bet.
Thanks! EVGO, CVT, GMT, FAF was great today...but I'm still at a loss for ALL TIME at -25% LOL. CVT is from some reddit post but it worked. Don't buy PSNY, I lost $500.
Part 1 of P&D scheme done, a modded post with a lot of text to gain traction right before a very bullish day. Good job, man. Are you going to dump soon? My portfolio would be 1% greener today if you didnt do this shit. Vista holds a large majority, and the low float causes pumps like this. I am sure you are aware of it. The acquisition thesis is not really relevant, and most who bought because of this post will get rid of it soon, even before CVT gets hypothetically acquired. Anyways, I will add more if this low float stock pumps for few more days, as I both disagree with the acquisition thesis and the company valuation. You do not really need Cvent to organize "hybrid" events. It is not a necessity, and I am sure the retention will eventually dwindle.
Still waiting on the $1 million CVT guy to show up
Was reading that CVT Yolo last night, anyone have any good counter points to it?
I want to hear from the dude that put a million on CVT yesterday
$CVT NOV18 7.5C valued at $1. Sold risk reward they literally cannot go down anymore just expire worthless. But there is no volume so you’d likely have to pay up to get a fill.
Counter-DD: I attended a large corporate event organized via Cvent this year and it was a terrible experience all around, every colleague agreed. Many crucial moments that were done through the app were ruined because of the application's shittyness. Shorted CVT before, and tripled down after the event. CB:5.4$ Pumping the stock to free up bags is crazy, but that's what WSB is about I guess. I will add on the way up before it fizzles down once WSB Forgets about this play, as usually happens
me too, can't read. going to sell my GME$ CVT @ $5.40 - I wish I hade money to buy more than 1 share.
$CVT Volume has increased at least 3times since jun 1st for some reason though, maybe this tard is not that wrong after all?!
A trend is emerging that some growth stocks are far above their June lows……. Usually a good indication of stronger growth stocks…. CVT is one of them
I'm going to have to correct you. Zoom not only has $1BN in cash but also has \~$4.5 BN in marketable securities ... which is essentially cash (treasuries, stocks, etc.). And they have zero debt, so they actually have around \~5.5 BN they can deploy without borrowing any money. I'm not saying OP's prediction will be realized, but Zoom theoretically does have the cash to purchase $CVT if they have the will to do so.
I drove a Nissan. CVT is triggering some bad PTSD .
The problem is in a few weeks ZM will be lower market cap than CVT 
Was CVT a r/shortsqueeze pump?
Zoom is $73, $CVT is only $5.40
Zoom is having a tough time competing with Teams. They tried adding voice, but it took a pandemic to wake them up, or someone got involved with brains. Acquiring CVT gives them in-person event, virtual and hybrid. Opens doors to sell zoom into enterprise, but CVT core I think is like 150-200 person events which offers solid cross sell oops for Zoom products. I think deal might make sense. Zoom either evolves or dies to Teams which is free for most with 365. Nice DD, thanks for sharing. I’m going to do some more digging before going balls deep.
looks like the guy with the CVT DD on the front page wants to pump the stock to exit his losing position lmao. seen this before many times.
Hooray for CVT and ZM. Hope it happens…. And duck WebEx
ZM owns CVT majority share already, they don't need any merger, besides, it would be like marrying a dwarf.
Seems really sus, $CVT is a random boomer company, surprised $ZM would acquire
Yeah I did CVT and EQRX. I usually only buy a handful and really should take profits sooner but $ is small even if % is 20+. So then I don’t and then they go the other way and die. I think both of those was briefly up. Need to be better at taking profits on % not $ I’m curious about upcoming SMR… it is a popular ticker and one of a kind, but really has no value for years.
yeah that unlock put trend was a big learning experience SMH, CVT, BOWL, EQRX, that was rough
hmm maybe I was in CVT puts, it's possible I did a quick day flip on them. Hard to keep track to be honest!
seek help FRICK\_CCIV 2 months ago CVT puts i snagged at open up huge, thanks for the call out yesterday u/janoycresovani !!!
Wasn't in CVT. Made money on BOWL puts, I luckily sold before lockup ended. EQRX lost money on. DCFC I never had a position.. RMBL I made money on. The key is position size and not buying close expiry. Believe it or not we aren't all correct 100% of the time in here, imagine that. Weren't you the one saying PLBY was a steal at like 6 a share?
Just found out my gfs new Jeep has a CVT, aka"continuously variable trans". As a white cis male I'm hella triggered 🤬 wake up people! They're turning the cars 🌈!
Also guys anyone in on CVT stocks?
Many, but not all. MSFT still above pre-pandemic peak. CMG at 53x P/E for a burrito stand. LI still at 14,000x P/E LOL. Don't want them all to go to zero, but CVT should.
I live in an area with a ton of roundabouts. I bought a Honda Fit CVT. It's heavily limited by suspension & water. But, the short wheel base & always being in the perfect gear makes it easy.
CVT puts i snagged at open up huge, thanks for the call out yesterday u/janoycresovani !!!
What do you think happens if haggling goes away? If dealer discounts and manufacturer rebates goes away? Do your really think the MSRP sticker price will come down? No way. MSRP doesn't come down, it only goes up. So in your ideal world where there's no haggling, no dealer discounts, no dealers, no manufacturer rebates etc. and everyone pays msrp, you'll end up paying more. Much more. Just look at how much Tesla has increased prices in the past couple of years. My ideal world is how it was before the chip shortage when dealer lots were full of cars. When you could get $5,000 off the MSRP sticker price of a sedan or $12,000 off the MSRP sticker price of a truck. I'll give a personal example. Back in December 2019, I bought a brand new 2020 Chevrolet Spark LS CVT. The MSRP sticker price was $15,000 (including delivery fee, automatic transmission etc.) but I only paid $9,000. I received $6,000 worth of dealer discounts and manufacturer rebates. So fuck yeah I want haggling, dealer discounts, and manufacturer fucking rebates! You really think removing dealers will solve your problems? Again look at Tesla. Look at how much the price of a Model 3 has gone up in the past 3 years. The manufacturer can just choose to hike up the MSRP every year.
> CVT good call, going to look at sept 5p tomorrow
SPAC Twitter ruined the CVT and BOWL plays
SWVL down 50=% in the last 5 days. That was the lockup/effect CVT and BOWL players would've wished to have.
the same was said about CVT, apart from a low volume dump in PM once, the company is actually trading higher than now. BOWL was also a complete failure.
arrogant and stupid you are. great to see people like you lose on everything you do. same as idiots on fintwit thinking CVT would go to a dollar when its a growing company with positive EBITDA
EQRX has a lot of cash, not them, as janoycresovani thinks that's the reason the stock recovered (it isn't, he's ignorant). I think CVT has the least
Well... at this point it's fair to say that the insider lockup trade is generally a terrible idea lol. Looking at CVT, EQRX, BOWL, they all hit their lows a few days before the official "insider unlock" date per their S1s. EQRX is still a garbage company w/ no chance of not bleeding their cash every quarter, but the biotech sector i.e. XBI has been on a massive run the past month pulling it up I assume. I'm still in sept puts. Meanwhile, shit EVs have also been on a tear this week. GOEV up 50% this week? FFEI? PSNY headed back to 11? Of course LI....
You're putting me down for liking corollas (I own a 2020 Chevy Spark LS CVT actually) but you probably have to take the bus because you're too broke to own a car. I'm warning you, don't mess with me. You just have to read my post history to know that I'm one of the OG WSB members (been here in a previous handle for 5 years).
Mine’s got 36k on the clock. I did not become aware of the dumpster fire that is the JATCO CVT7 transmission until after I had signed on the line that is dotted. Knock on wood, no transmission problems yet. In fairness, back in 2017, the depreciation curve was so steep I signed on that line with the mindset I was buying a disposable car. At this point, my oldest kid just graduated high school. He’s going to community college in the fall, and job hunting, with the chicken-and-egg conundrum of needing a car, but not yet having the money for one. The way used car prices have shot to the moon, $2,000 used cars like he should be driving are now clapped out sh—boxes as old as he is. The 10 year old hoopties you could buy for $2,000 before COVID are now expensive enough a loan would be involved. My wife and I are now in a much better place, financially, than when we bought Spark. Since a loan would be involved to buy a car that wasn’t a crap-box, we threw my kid a bone, and bought my wife a new car. I get her old car as a hand-me-down, and my kid gets the Spark. I did have a “coming to Jesus” talk with my son, explaining that I don’t have a magical “clown car tree” in the back-yard, so this was a one shot deal. Under the circumstances, if the car makes it to 10 years, or 100k miles, I figure I’ll have gotten my money’s worth.
CVT is actually looking like insiders are dumping each morning at open... why can't EQRX do this? fck
CVT finally dropped 10%. Unfortunately, most traders' take on the short term options have already expired.
I’m over Subaru after butchering the wrx and their relentless desire to put a CVT in everything they make. Get a base model wrx if you must get one. It at least has a 6-speed
Even though I do not agree that SNAX is a good investment/trade, there is really no need for a personal attack. Market sentiment changes all the time, and it is really hard to assess which stocks will retain its values. An example is CVT, I bought PUT options as a trade because I thought with the pipe unlocking, it would go down. It however, went on a surge. Lesson is that nothing is for certain, and we just need to be careful when it comes to low volume, newly de-spaced companies.
Whats the next spac that has insider unlock, i plan to load calls? CVT,BOWL, EQRX all up massive from when insider unlock was supposed to occur lmao.
CVT just popped up (up 15%+ for the day).
Beating a dead horse here but CVT pinning this hard to 5 is objectively pretty funny.
I mean you’re not wrong. Half the people in here called bzfd and embark crowded and not trade able. Same people saying the same shit about CVT. The grind up of eqrx, CVT and bowl has been the most obvious shit ever. Eqrx is worthless
I mean you’re not wrong. Half the people in here called bzfd and embark crowded and not trade able. Same people saying the same shit about CVT. The grind up of eqrx, CVT and bowl has been the most obvious shit ever. Eqrx is worthless
I mean you’re not wrong. Half the people in here called bzfd and embark crowded and not trade able. Same people saying the same shit about CVT. The grind up of eqrx, CVT and bowl has been the most obvious shit ever. Eqrx is worthless
I'm confused how people didn't take profits on that one big shit-spac puke day, think it opened down 30%... Also people may forget but CVT was an Apanman-approved deal, the insiders/pipe are reputable. And last, their business actually isn't the worst, they did 140m in revenue last quarter.
Problem with CVT looks like a very crowded trade
CVT is up nearly 5% thus far, on a market pull back. it does not appear that the insiders are selling (or perhaps they have already slowly exited).
Can these insiders just dump CVT already. It’s worth 1 dollar TOPS
BOWL and CVT are up on tiny volume, but EQRX is actually on pace for above ADV today... There's zero retail interest in EQRX right now, they had back-to-back "catalysts" this week w/ a Goldman Sachs $8 PT (lol) and then a super weak PR about acceptance of Marketing Authorization Application in the UK. Both seem strategically timed to match up w/ insider unlock as well. Hmmm...
They're going to push BOWL and CVT up on low volume until opex. Would recommend scaling into july/aug puts throughout the week. Would surprise me if they melt up above 10 and 5, respectively.
Looks like CVT is not going to follow the likes of BZFD or EMBK (at least for now).