Reddit Posts
How to know, when or if something will squeeze and how long it will take from what I’ve learned the last few years studying them.
Looks like the auto bubble's finally popping! KMX and CVNA keep struggling until sales prices strengthen
It's been quite the six figure (several) ride down over the past year. No one tells you it gets faster as you get closer to zero. Inherited
Been quite the 6 figure (several) ride down this year. No one tells you it goes faster as you get closer to zero
$FSK is primed to break into a sizeable squeeze based on supply and demand of shares alone... most relevant data is included below
Looks like we might be getting ready for takeoff over at BYND
3 Meme Stocks that Have Nowhere to Go But Down in 2024
2024 Shorting Ideas - Companies that has exposure to used car market
“The used-vehicle market for this year is expected to finish just below last year’s performance” $CVNA
+551.15% on 2 shares or CVNA… I should have bought more back in January
Highest short interest stocks today $FSR $BYND $UPST $CVNA
Highest short interest stocks today $FSR $BYND $UPST $CVNA
WBUY and MLGO: Exhibits #1,001 and #1,002 on why you stay away from shitty Asian small cap IPOs
I made a post on here about CVNA before it shot up
CarMax is the Carvana nobody knows about. CVNA is destined for bankruptcy.
1.5 year follow-up on buying the dip on pandemic stocks
CVNA earnings call. Thoughts anyone? Possible squeeze?
Everything you need to know about ROKU earnings here
ABNB Earnings Alert: Everything you need to know 🚀🔥
$CVNA - Best Strategy for Near Term Vol and Long Term Bankruptcy
Experts bullish on a shitty company like $CVNA.. then ill do the opposite
Kerrisdale Capitol continued fraud
Serious inquiry, any solid exact moves this week
$NVAX short squeeze setup similar to $CVNA
Carvana ($CVNA) On Main Short Squeeze Radar
CVNA improved 3rd quarter outlook. Really?
CVNA over $40 or under $4 in the next 10 days?
Infinite Money Hack for 0dtes
Do you like money, of course you do, you're poor.
Up $55K in one trade, pay for college or back into options?
Is anyone playing/buying company x post
The Week Before: How News Impacted Stock Prices
Well hopefully CVNA goes bankrupt or ima be even more fucked.
$SIRI 42K Loss | Switched to $AMC FDs For $35K Options Play @ 6.00 and 9.00 Strike
I was down 55% on my portfolio headed into January 2023 and have now broke even thanks to the advice of r/stocks
$CVNA 0DTE ~$15K FD Yolo | 42.00 PUT Play | 400 Contracts
Someone bought 0DTE $85 CVNA Calls for $0.20 / contract
Congratulations to anyone who bought near the bottom of Carvana $CVNA
Carvana spins lower after S&P warns debt deal could be tantamount to default
Spending my last 50 bucks on $CVNA puts. Wish me luck
$CVNA is rough and it gets everywhere
$CVNA is rough and gets everywhere
CVNA recent debt exchange. Discussion of details.
$CVNA 6X Gains | 54K ---> 396K | $342K Profit | 6 Bagger
Made over $5k on $CVNA this week. Took some of those winnings an Yolo it to some $RKT calls.
Robinhoods Robbing us again.
Everyone talking about CVNA but what about ATT? 8% jump today what gives?
Bad call guys next call (Shorted NVDA and Pepsi <- prior)
Another reason to ignore these trash articles, CVNA just hit $59.30 a share in premarket, currently at $55.87 in open market
80 CVNA $59 calls, 7/21. Average price of $0.09, sold for $2.40 right at open.
Mentions
I made 80%+ on this between Tuesday and Thursday, went out then. I still got some stocks on a high risk portfolio just to see how far Eric Jackson can pump this thing. I am really interested in seeing what his next moves are on this, as his credibility is now relying on $OPEN. I don't know too much about that guy, but I assume he has something on the line with this and his call on $CVNA were quite good iirc.
RBLX long or short? Yeah I opened a small short for CVNA, but along with CVNA short puts to benefit from premiums as well.
I disagree I once bought $1k in CVNA puts and ended up getting an escort fired that month for lack of business
Essentially a popular investor (Eric Jackson who loaded CVNA at $11) is making this to be the next carvana and set a price target of $82. There are now way too many call options and too large a spike on a company without sound fundamentals for this to continue. Everyone jumping in right now is exit liquidity. The company is supposed to do a reverse split soon and their debt is maturing too, which a lot of people aren't taking into account. This doesn't have much more room to go up and will likely soon plummet to previous levels or lower. Once WSB degens start talking about making life changing money short term you know the run is coming to an end. They'll be left holding the bag. As nice as going to the moon would be the right play is usually going against the popular thesis on WSB. You can see some seasoned players on here talking negatively about OPEN and getting downvoted to hell. I'm in with puts. Time will tell who comes out on top.
Hmmm B. Riley Financial has been actively managing its senior notes, including both issuing new ones and redeeming existing ones. Recent activity includes the issuance of new 8% Senior Secured Second Lien Notes due 2028 and the redemption of their 6.375% Senior Notes due 2025. Additionally, the company has engaged in bond exchanges to reduce debt and issued warrants as part of these transactions. Here's a more detailed breakdown: New Senior Secured Notes: B. Riley Financial issued approximately $87.7 million aggregate principal amount of new 8.00% Senior Secured Second Lien Notes due 2028. Redemption of 6.375% Notes: The company completed the redemption of all outstanding 6.375% Senior Notes due February 28, 2025, on February 28, 2025. Debt Reduction and Warrants: B. Riley Financial recently swapped $28 million of its 2026 and 2028 senior notes for $13 million in new 8% secured notes and issued warrants for 52,000 shares at $10 each, as part of a strategy to reduce debt and improve liquidity. The stock might run, but in the end... 2028 or sooner... all of these debts MUST be repaid. Kinda like CVNA. Both of them will likely file for bankruptcy before 2028. Healthy businesses don't issue and redeem senior notes just because... they do so because they need money asap.
Did you say the same about CVNA a couple years ago?
It’s a meme that has a lot going for it. CVNA connections and hedge fund guy who called CVNA’s comeback is pumping the stock ($82 price target… ya doubtful, but why not $5?). They’re now giving really good incentives for realtors to bring them customers. The volume today was insane and the stock held up pretty well. Bottom line, it’s a decent lotto ticket that could go either way, but no guarantees. The after hours 9% pump for the 4th day in a row is promising. Green all week.
MMW: they won’t dilute (they’re voting on in a few weeks). Why dilute when they’re close to being in compliance above $3/share? Back in compliance will be another catalyst. They also have CVNA board member on the team and the hedge fundie who said CVNA was a buy after it tanked to $4.
Have you ever heard of CVNA, which is trading around $350? Have you ever heard of MSTR, which is trading at around $450? Etc etc
"[Opendoor Technologies (OPEN) stock has exploded higher in recent weeks](https://finance.yahoo.com/news/opendoor-stock-jumps-another-10-as-retail-piles-in-on-potential-100x-rally-in-next-few-years-202539566.html#:~:text=%2B4.27%25-,Opendoor%20Technologies,-(OPEN)%20stock), rising another 10.8% on Thursday to bring its one-month gains to nearly 200%. Retail enthusiasm and a thesis from investor Eric Jackson have powered a surge in the long-dormant housing play." "Jackson, the president and founder of tech-focused long/short investing hedge fund EMJ Capital who was also early to call for a turnaround at Carvana (CVNA), posted a thread to X on July 14 [outlining his Opendoor thesis](https://x.com/ericjackson/status/1944821356157165722), citing several tailwinds and concluding that "we believe it could be a 100-bagger over the next few years." The stock has roughly doubled since those comments, closing at $1.65 on Thursday."
OPEN is next CVNA!!!!
Can’t believe we all watched CVNA go from $8 to $340 in less than 2 years and just talked shit about the company instead of
Yeah RDDT, CVNA and HOOD were both shit on not too long ago and look at them now.
Huge wins. Coincidentally I bought $CVNA at $4 on the dot and I distinctly remember selling at $4.80 for a 20% gain like an idiot 😭 I’ll check out KIND.
The sub-prime loans are securitized and sold. The end holders of these loans are banks, funds, institutions etc. The same banks then give CVNA a "BUY" rating. Smell anything fishy?
The sub-prime loans are securitized and sold. The end holders of these loans are banks, funds, institutions etc. The same banks then give CVNA a "BUY" rating. Anybody else finds a similarity with 2008 financial crisis?
I don't care to look into CVNA specifically because I don't want to own it, but like most c-suite stock sales was this declared way in advance and maybe it was \~$300m in value at that time but is now a multiple of that after this monstrous run? You realize the CEO of a pubco cannot just hop on his HOOD account and unload shares, right? They almost certainly have form 4 requirements, blackout windows, pre-scheduled plans, and usually some internal compliance measures (maybe not with CVNA, but generally).
Patience. CVNA hedge fund guy has $82 price target.
People taking profits or paper handing. Eric Jackson (hedge funder who called CVNA going to the moon) has a PT of $82.
https://preview.redd.it/jfizbmhxihdf1.jpeg?width=932&format=pjpg&auto=webp&s=23e529596e3bc606bef50ba8178023a70bc5805c I got in early on CVNA ($4.55 average), although I sold most of my shares now (from $250 - $350). I bought OPEN around 70 cents recently and think it has the potential to be the next CVNA. My past hit was buying AMD at an average of $2 in 2015 and offloading it at $150 around 2021 (also gains with Tesla). I think KIND (Nextdoor stock) also has some potential to 10x - 100x.
Imho $OPEN is worth a small gamble. I wouldn't put more then 2-3% of your portfolio into it, but a couple hundred bucks could easily turn into a couple thousand if this has any legs or follows CVNA in any meaningful way
100 percent gainer on CVNA today for once puts did me good
Let them cook.. I own shares also have you heard of PLTR or CVNA
https://preview.redd.it/jtl9kf7xrgdf1.png?width=1642&format=png&auto=webp&s=fff5e3fbdf359f6e6ab5a70a18ff0f14439b888e My CVNA puts is safe.
So the $OPEN is new CVNA or certain Gaming meme stock now? 🤔
OPEN bears will FOMO buy at $5 lol. OPEN is the next CVNA (ask the hedge fund guy Eric Jackson who was the one telling everyone to buy CVNA when it was $4, and now he's saying the same for OPEN).
They'll just FOMO buy at $5 lol. OPEN is the next CVNA (ask the hedge fund guy Eric Jackson who was the one telling everyone to buy CVNA when it was $4, and now he's saying the same for OPEN).
I tried to post this OPEN DD here, but have too low of karma… feel free to post this to this subreddit if any of you want: We've all seen the explosive price action in Opendoor ($OPEN) this week including gains of 40% per day, culminating in another massive 40% jump in this morning's pre-market. OPEN might end up being, as hedge fund manager Eric Jackson agrees (the guy who called CVNA coming back from the dead from $4 —> $350), a Zombie Stock. It's easy to label this a "meme stock" and move on. And in some ways, it is. The forces driving the immediate price action are familiar. But I believe this could be a great long term investment. This is one of those rare cases where the meme momentum is actually shining a spotlight on a company undergoing a legitimate, fundamental business turnaround. There could be some serious money to be made here, and I want to lay out both sides of the coin. Part 1: The Momentum Factor (The 'Meme' Catalyst) There's no denying the short-term explosive power here. The stock is behaving like a classic momentum play for several clear reasons: Accelerating Social Media Attention: Discussions about $OPEN are spreading rapidly across Reddit, X, and other platforms. This creates a powerful self-reinforcing cycle of awareness and buying pressure. Powerful Price Momentum: Success begets success. Traders see these massive daily gains and are drawn in by the fear of missing out, which adds more fuel to the fire. Significant Short Squeeze Potential: The stock has carried high short interest for a long time. As the price climbs, shorts are forced to buy back their shares to cover their positions, creating a powerful, involuntary wave of buying. Retail Accessibility: With a low share price, this trade is accessible to a wide range of investors, allowing for broad participation that can overwhelm institutional sellers. This is the engine driving the launch. It's powerful and has created an incredible entry point for this discussion. Part 2: The Investment Thesis (The 'Non-Meme' Foundation) Here is what truly sets $OPEN apart. Unlike companies with deteriorating businesses, Opendoor has executed a difficult but brilliant pivot. For those interested, this post laid out the initial discovery well. In short: The Old Model (Failed): Opendoor started as a pure iBuyer, using immense amounts of capital to buy homes and flip them. When the housing market cooled, this model nearly broke the company. The New Model (Turnaround): They have pivoted to become a capital-light real estate marketplace. Instead of having to own every home, they are building a platform to connect buyers and sellers, taking a fee for their services. This is a higher-margin, lower-risk, and far more scalable business. They are focusing on partnerships (like their deal with Zillow) and acting as a tech-enabled brokerage, which is what the market always wanted them to be. They survived a near-death experience and have emerged with a much stronger and more sustainable business plan. The market is only now starting to recognize this shift. One of the most credible bulls on this name is Eric Jackson (@ericjackson on X), the hedge fund manager who famously identified the Carvana ($CVNA) turnaround when it was trading in the single digits. He's fully on board with $OPEN and has floated a long-term price target of $80+. While that's an exciting bull case, let's be pragmatic about the path forward. I think it's realistic to expect some turbulence and a potential slowdown as the stock approaches the $5 mark. This is a major psychological level, and many early traders may look to take profits here. The intense "meme" phase of this rally could cool down at that point. However, I don't see that as the end of the story. I see it as a transition from a momentum-fueled squeeze to more steady, fundamentally driven growth as the company continues to execute its new marketplace strategy. My estimate is a minimum price of $5 by the end of the year, with a strong possibility of hitting $10 if their quarterly earnings continue to show improvement. Me personally? I'm in at $0.60 and still holding. My price target is $20-30 over the next 5 years (I might hold onto 10% of the shares after it hits $20, but I doubt it'll hit $80+ unless OPEN becomes a behemoth). Not financial advice. Do your own research. Gotta get back to my shift at Wendy’s.
Anyone shorting $OPEN now likes to lose money. I wouldn't even consider shorting til we hit the $10 mark and from losing money shorting CVNA and DASH I've decides shorting moves like this just isn't worth it for me. I only go long these plays now and my calls are printing hard af and the gap up into Monday will be nothing to joke about. Closing above $2 Friday is hella significant but $3 or $4? There will be so many ITM options that MM will have to long this with a delta positive hedge which only means more upside.
I think you’re not only correct, but you’ll be able to come to this website and this post, and gloat about how wealthy you became from this one bet, one day in the future. CVNA is a scam/meme stock. Eventually, the big players in the game are going to also short this sucker big time. And you’ll be on the right side of the trade.
It’s been 2 days. Do you know how many of these posts I’ve ignored? This type of hype was around with $PLTR at 10, $CVNA at $5 and dozens more.
will CVNA wiff and start the unraveling. . . please yes?
lol k. See you at $5 eoy. The guy Eric Jackson who noticed CVNA as a great investment when it was low is on board with OPEN btw. See his X account.
Finviz on the other hand shows PEG of 2.17 for CVNA, as of today. Out of curiosity, where did you get the 1.37 from, I don't know why there's such a big discrepancy between sources.
Absolutely fair point. In terms of Theta you absolutely win as long as CVNA doesn't go up in price. But of you dont hold any CVNA it still seems riskier to me. Especially since theta on long-term plays also pays off later and i wouldnt exclude the possibility of a bull run on this garbage company. Time has shown that CVNA doesn't follow logic. So personally I would opt for short calls when I had CVNA stock and would like to "lock in" a selling price using the options. That way you could still profit of an ongoing bull run and have an Exit strategy for the stock.
A good point re: NVDA and round-tripping. Know it first hand to be true lol. Amazes me that nobody seems to care. Re: CVNA while I won't argue its definitely over-valued, I also don't think it's fair to comp them to absolute dogshit places like Lithia, AutoNation, etc. Throw in their (sub)prime loan proceeds and they're definitely worth more.
TSLA, and CVNA Both stocks I want to buy puts on but absolutely know I will get burned by it.
Why did you opt for short ITM calls instead of long far-OTM puts with long-dated expiry? I'm genuinly curious, I dont see the risk reward in that play being that good. I've also thought about betting against CVNA, since its quite obviously fraud that happens at CVNA, but I'm unsure if its really illegal, so I am not that convinced that their price will fall within the next few months. I would rather expect it to give in in the long haul. I could very well imagine that once the trust is gone (again), the stock price will crumble fast.
I look at CVNA as Sopranos, Ozark and Lehman Brothers all in one pot. Now go out and figure. I made some pathetic profit after the Hindenburg report but better forget about the other puts.
OPEN is gonna pull a CVNA, don't miss out
I hate myself for not buying CVNA at 3 dollars and know that this house of cards will fall at some point. Respect to the diamond hands still crushing it in the meantime. Ws in the chat.
Thinking about buying puts on Roblox or CVNA if it looks like they have topped out, if not, might get some cash-secured puts on OPEN or buy some BMEA as I like the company's trial potential
Selling subprime loans to the CEO’s convicted felony fraudster fathers private company Drivetime, which is probably partially paid for by sales of CVNA stock. Totally legit business, definitely should have a PE ratio 2x NVDA’s
HIMS, PLTR, CVNA, TSLA, CRWV, CRCL, MSTR pretty much all the meme shit
TSLA story is not done yet. TSLA is -20% YTD, while SPY is +6%. Recent performance does not instill confidence. Personally, I'd not be long TSLA. Decided not to short it as CVNA is better risk-reward opportunity at the moment.
They're not just a reseller, they are also a specialized vending machine authority. Just like Tesla isn't just a car manufacturer, they are also (something else). Speaking of TSLA, at a trailing P/E of 180, compared to Ford's 9, they should be trading at $16/share. CVNA and TSLA both are governed by animal spirits.
Too many regards blasting OPEN in this thread. No way do we hit anywhere near CVNA levels. Would be surprised if we surpass $4
OPEN is the next CVNA ❌ OPEN is the next NVDA ✅
It’s because OPEN is the next CVNA. Waiting for overnight/pre-market drop, then buying more with my whole paycheck tomorrow.
I think your math is little off. OPEN has 729 mil outstanding shares. If they make it to CVNA levels it would be +250billion not “Trillion”.
People are referring to CVNA market cap as target you absolute retard
Everyone saying OPEN is the next CVNA is straight up retarded with a capital T. If OPEN ever makes it to CVNA levels it would have a 250 TRILLION market cap. Yall are stupid and you’re going to get rug pulled by Monday if you’re lucky
How does CVNA do it? Do they just bribe anyone that could run an investigation into them or what?
Is OPEN the next CVNA? A overall scam but it'll make people money while it's scamming?
This is the post that got me to buy 27' leaps for like .30. Heres to letting it ride. godspeed to everyone. Thx for the DD and hope its the next CVNA
I hate CVNA so much biggest scam in history nice try though
When you say that it is the next CVNA, does it also involve fraud? If so, count me in!
Lol CVNA makes money my brethren
Getting moist imagining OPEN having a 2 year run like CVNA
$CVNA will go tits up right after you lose all your money. But seriously, if it makes you feel better, TACO is about to fire J-Pow and drop interest rates to 0 again, so all of these meme companies will rocket ship. You won't have much time before you'll have to switch back to puts though, because inflation will be in the double digits by the end of 2026.
This doesn't make your CRCL puts come back from the dead, just like all the CVNA puts that died in a miserable way over the past year.
RKLB, HOOD, MSTR, CVNA all scam stocks pumping like no tomorrow. Who is buying at these levels? I don’t understand at all
I don’t think OPEN will be the next CVNA simply because too many people are onto it. Back when CVNA was $3, everybody was ragging on it. When retail jumps on, the move is over
I full ported OPEN at $0.60 and not selling. MMW, it’s the next CVNA.
I full ported. Sounds crazy but it’s the next CVNA.
CVNA and PLTR. My ticket to infinity gains. Just put on a blindfold and throw a dart at either one. Your're abound to make the right mobe.
I really don't believe carvana CVNA can drop at this point. Damn one million percent gains feels crazy. My body is tingling.
Guys guys guys. Does anyone else regret buying CVNA? Carvana curching the market with bullion per cent gains.
All you need is CVNA guys. No AI worries. Recession? Nah! Personal debt skyrocketing? Just a glitch. Used cars are the wholly grale of investing and I'm personally hoping that deep down in your heart you are investing in this beautiful behemoth of a stock (CVNA) which I have mentioned previously. No doubt they will take over the entire automobile industry and reach one thousand billion ruble market cap in no time flat comrade.
Only on WSB can I explain the CVNA financial / stock scheme concisely and get 9 upvotes, but then enter a discussion about whether if you could suck your own dick if that makes you gay or not gay and the conversation won't fucking stop. https://preview.redd.it/sn6qswipz8df1.png?width=600&format=png&auto=webp&s=8bae1c6866f651ce60ee17df7eac7f9f53e66286
and yet CVNA pushed above $200 from being dead
Somehow OPEN sounds even more like a scam than CVNA Houses listed on OPEN: 🏚️
I think a lot of people are gonna pile in so they don't miss "the next CVNA"
$OPEN the new $CVNA
Bro, I respect this, but $CVNA’s stock price is held up by fraud that will fly for at least another year or so.
Imagine the mad short gains to be had if CVNA tumbles from their investment charade.....need a friend in Justice to whisper a 'looking into it' and holy hell it would be epic,....and deserved.
It was never about the cars - they are a proper legalized scam if ever there was one… they don’t make $$$ selling cars, they make money by selling the dog shit sub prime loans to affiliates. Ally was a willing partner till they got cold feet, and now guess who is buying those sub prime loans for a premium ? Drivetime of course, the proxy CVNA owner runs it as a private entity… Carvana has a rosy looking balance sheet thanks to drivetime buying up all the crappy loans for a premium, and drivetime being a private entity - they lock in all the losses, while CVNA gets pumped to the high heavens and insiders make mad gains selling the shares…. Rinse n repeat…. Wall Street being on board helps and the multiples that the street has bestowed on a sub prime seller like CVNA makes zero sense….Just a matter of time till the charade comes tumbling down, someday, maybe....
OPEN is the next CVNA.. hit record call volumes today.
I bought puts, im bearish on CVNA, I dont actually own any stocks, im looking for dumps to sell the puts in to, the price flucuates a lot throughout the day
lol this guy gonna learn today. We’ve all shorted CVNA and we’ve all been crisped my guy.
CVNA going green is just not right.
CVNA keeps pumping, bought a couple more thousand
I've been beaten by CVNA too many times
CVNA is not one for an iron condor. You’ll get rekt due to upside or downside volatility
OPEN its getting pumped and dumped all over socials now. look for a dip to get in and ride it like CVNA
Yeah bro let’s add CVNA to this and we got a shit stew going
God please let the $CVNA shorts get paid one day.
You know how CVNA is a black magic stock for cars? This is like that but you can live inside it
We went from the "next GME" threads to "next CVNA" 🤣 Anyways, in with 1k shares 😑👍😎🚀
Opendoor has cut costs aggressively. They’re piloting a new asset-light model — working with agents to provide instant cash offers in addition to their core product. Zillow and Redfin have exited iBuying — and Zillow gets a 7x EV/ forward revenue multiple on its referral buisness. OPEN’s forward multiple? Just 0.26x. CVNA’s forward multiple went from 6x to 0.5x to now 4x.
same plan for CVNA at $3 😤
20% SI, chart looks dope af, streets thinking it could be next CVNA
I've got leaps into 2027, I seriously hope this is another CVNA
I honestly.. am thinking the morning numbers will be bad.. just be ready for the bounce first thing in the morning.. I am only in with 3 CVNA 352.50 puts for Friday.. you.. BiG BALLS!