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
CVNA barely drops. Looks like great invention by CEO.
Is CVNA still our hedge I haven’t checked in a while
It won't. Rate cuts = housing market boom = free money from OPEN for another year. It'll CVNA 2.0. and due to its portfolio it will hold most of the gains.
CVNA finds this comment offensive
People comparing this to $CVNA or $BBW are just pumpers. It's ran 1200% off the bottom in less than 2 months. Lets see some fresh bets 😎
If CVNA can climb from $4 to $350 so can OPEN.
Happens to all of us. Had 3,000 shares of CVNA. Sold covered calls at $10 and they were called away...never got back in.
Everyone saying APP or HOOD will be added to S&P 500 but just because of this post it will actually be CVNA
Pyramid schemes seem to work quite fine. Just look at CVNA and MSTR. I'll buy Klarna at ipo and watch that shit fly to the moon... before crashing to the core of the earth in a few years.
Yes, see CVNA and SMCI
Okay are you saying that like that’s a bad thing? Weather you think CVNA is a scam or not, it’s literally near all time highs and doing better then the S&P.
Yea but if u zoom out it’s lot as impressive. If u pick a window CVNA went from 5 to 350 since 2024
CVNA just offered me 8% more on my truck compared to last month... Calls on something.
Some of the growth names I’ve been watching beyond the mega-caps are APP, CVNA, and NET…all posting double-digit revenue growth this year while still trading below their 2021 multiples…Curious if others here think mid-cap growth has more upside than the big players like MSFT or NVDA at this point.
She's a 10 but she legitimately believes OPEN is the next CVNA
CVNA how deep can it fall? Anyone in puts?
I have never seen a gain porn on CVNA puts but I can’t even count how much loss porn I have seen lol
Me:Saving pennies to YOLO everything into CVNA and CRCL and pray the stonks die faster than my cumz
Lowkey happy if it crash, CVNA and CRCL needs to die somehow, even if it means the market goes down with it!
ROOT is the most derisked 100X+ here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+
Plus I dunno about Eric Jackson and EMJ Capital. Apparently he's the 100x CVNA guy, but bought at $15 and it's unknown when/if he sold, yet apparently EMJ's AUM in 2022 was $10m, yet in 2025, it's still $10m, numbers don't really add up. He did call CVNA at a pretty low price, but he and EMJ definitely didn't actually 100x. He's doing weird shit like sitting outside of Drake's house telling people to buy. Definitely kind of odd.
HTZ is kind of a boring stock and has pretty toxic debt levels, but I wonder if it's good for a quick triple up to $15 before the end of the year? I don't think it's a crazy dangerous bet considering Ackman owns 20% of them now, he must think there's something about it, unless he's just regarded and thinks it will somehow be like CVNA.
prefer ROOT since its in P&C and not in health insurance with regulatory caps.ROOT is the most derisked 100X+ here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+
One thing you have to learn about stocks when picking something like this is how much it was diluted. Something like CVNA is different compared to TLRY when looking at prior highs. In 2019, TLRY had 95 million shares outstanding. Now it has about 10x that, 979 million shares outstanding. So if it got to $30, that would be equivalent to $300 back in 2019. That's still a potential multi-bagger for sure, but not nearly the risk/reward you might be imagining. That's another thing to consider, when TLRY gets near its highs, the CEO loves to sell more shares to the public and dilute existing shareholders even more. Got to be careful with these stocks that just constantly dilute. This stock does it pretty much every year.
My ass is sore from CVNA puts 😩 will I die
The F are you talking about? Quick Google search shows he owns 2million shares. CVNA has 138m shares outstanding. I also never said that was the only reason they shutdown, they also didnt even prove and massive fraud either like you wishful bears are dreaming of.
If only CVNA could do the same for my puts
I still hold some $18 bags from RIVN, not too optimistic about their future. Not sure how they will make profit though, I was driving the 1st gen R1T, they bought back for $10K more than CVNA/KMX offered as part of my R1S lease with a lot of incentive back in June. So took the lease telling myself it somehow makes my bags less heavy :D
Tell me what those growth stocks are getting 100% annual yield. You’re out of your mind. These would have to be NVDA, CVNA, META. That’s not a system. That’s being lucky with specific picks. It’s not repeatable and it’s not recurring. Nor is your elaborate house of cards. If this was systemically possible, everyone would have bought NVDA and continue to do so forever, and the phrase “arbitrage away the edge” wouldn’t exist. There’s no alpha in winning the lottery. The reason why you don’t have the cash is clear. But you don’t need cash. You asked for an alternative. Cash is an alternative. With $1M port, you can sell CCs at low deltas and manage the minority that turn bad with disciplined BTCs. You will have incredibly low risk of shares selling, and get 3% monthly yield, equating to 42.5% annualized. Your proposal ignores they are paying you back your own money, with NAV erosion continuously. You’re looking at ~15 months before hitting break-even. You’re not netting out the cost of your interest rate, and the fact that you’re predicting a “high return” (it isn’t) from these CC yield funds. They are charging you a management fee where they are guaranteed to get paid, so they will do the CC work for you. You could cut out the middle-man, not lose management fee vig, and not suffer offsetting NAV collapse of a fund with no inherent productive value. Let’s break it down. ——- Those Roundhill / Yieldmax “yields” though, don’t account for the fact that the NAV is degrading the whole time. The share prices dropped 20.22% over its life so far and that’s only a year. These yield ETFS, they haven’t even made it to the breakeven point right? Wouldn’t that take almost 3 years? 15 months at minimum. And the whole time it’s declining from the price you paid for it at the beginning. RDTE is down -15.74% for a year (its entire life). I believe the Yieldmax ones are even worse. That’s 24% then *minus the 5% margin interest*. On $400k is net 19%; which is the same as 7.6% on the whole $1M. For layers of extra house of cards with at least 3 downsides. You’re not actively doing anything with options. Just picking a different version of throwing money at someone else and letting them figure it out. If you were active trading you could do better than 7.6% in a year (that’s like 2 months of active options sales). Making a big yield (it isn’t anyway) on $400k is not better than making an equivalent yield on the entire portfolio. The *NET* yield of those Roundhill and Yieldmax funds are 11.44%, 4.69%, and the advertised “distribution yields” of *”35%”* are only counting only *income layouts* not total net gains. MSTY brags about NAV growth, but it’s 33.98% of the underlying MSTR itself. Literally a third of your performance just holding MSTR. Read the Form 19a-1 on those Roundhill ETFs. *100%* of those distributions are Return ***of*** Capital. Not Return *on* Capital. They are literally just trickle-paying back your own money (which you don’t actually own, you’re on the hook to a lender for $400k, and you’re paying interest on that, and subject to margin call which will force liquidation of your precious growth stocks that you don’t want to risk on low delta CCs). MSTY payouts have been 60%, 86%, and 97% Return **of** Capital. They’re taking your money, living large on fees, paying you back some of your own borrowed money. You’re paying interest to your lender. I just did the actual math, not top of my head (I said 15 months above). That XDTE, if you put in $400K into it, isn’t paying you 11.4% because you’re paying interest on the $400K every month starting immediately while you’re waiting to break even from XDTE returns. You’re paying 5% interest, so 11.4% - 5% = 6.4%. You’re getting 6.4% from XDTE. (That’s about 1.5 months of option sales for me.) Your starting point is -$400K in the hole. To get back your $400K in combined share price + weekly payouts, we have to estimate how much NAV will continue to degrade, but we’ll use last year. It’s going to take you 9-10 months before you are positive 1 penny. Let’s just generously call it 9 months. Now… you can’t have the Shares cake and eat the yield too. Since you want income, you’re not compounding. So at 9 months, you have to decide if you: — Want to sell the shares and cash out, at which point you’re at exactly $0.00 / 0.00% gain from your starting position. — Leave the money in shares and wait for that income to start. Since your shares are frozen capital, we wait till **just the payouts** reach $43.80 and one penny. Since we don’t care about NAV erosion in this scenario, you’re enjoying the ~28% payout rate. So 3.5 years of weekly payouts later, you have finally turned a profit of one penny. Congratulations. Assuming XDTE still exists 3.56 years from now if the fund keeps degrading by 20% a year. Or Roundhill still exists. And this is assuming the payout rate stays as high as 28%. If the fund drops 20% for three and half years, I’d be very skeptical they can keep paying out 28%. You have to keep bringing in new suckers for a Ponzi scheme to work. These kinds of funds, the oldest granddaddies are 3 years old, Roundhills are one year old. Maybe XDTE will still exist in 3.56 years. At that time, you’ve made a penny (exciting!) and your shares are probably worth about $19.80 (but your not concerned with equity, or productivity, you just want income). ***But wait! There’s more!*** As you importantly point out, you’re cash poor. So you borrowed someone else’s $400,000 to play this game. You’re not learning to swim with dad standing still in the pool. He’s moving backward from you at 5% a year. So, to break even at 28% payouts, you’re actually getting 23% payouts. That’s 4.35 years till you make your first penny. And, you have to pay your lender that 5% (divided by 12 months naturally) every month, starting immediately, not waiting 4.35 years to begin paying the interest from your shiny new penny. At that point, 4.35 years later, your shares are now worth $14. But you don’t care about that, you’re just here for the income. I’ve changed my mind. This is a great plan. For your broker and Roundhill. Please let me know who your broker is so I can invest in them directly. And for opening my eyes to this scenario, as a gift, please DM me your PO Box and I will buy you a calculator at the dollar store and ship it to you. I’ll cover the shipping costs.
im int CVNA June 2027 350 Put @ 86.5
u mean ally finance is a auto loan company, cvna is saddle with all the bad loans they can't sell. CVNA is a scam, they're debt dumping all the shit to cvna, whilst his dad finance company takes all the good shit, they pump cvna shares, and then one day they go right, this donkey is dead. Bankruptcy. Rinse and repeat.
the f you talking about, ernest garcia alone, just 1 person, owns 24%, not including his dad. 2nd, hindenburg wasn't shut down becasuse of what they said. They just decided to close shop. CVNA is one of the biggest scam out there, a car reseller that pays over the odds for used cars, and is somehow worth more than BMW, Ford, etc.
Thats fucken amazing lol, what an apt name \*Hindenburg\*. So when they released their report in Jan 2nd 2025 CVNA dropped by 11%. to 171. We know what happens next, they basically kept fucken winning and proving the short sellers wrong. My gaping hole will never recover. Also its 95% as of now institutional ownership. They can keep fucking the shorts until they are bored and let the stock freefall.
Is CVNA a subprime auto loan originator or do they secretly create GPUs?
imagine if you threw 10k on CVNA when it was 5, you would have 350k by 2025 Ho Lee Fuk missed the ship watching the most hated WSB stock flying to pluto
So CVNA will tank hard if those junk retail car credits start defaulting?
You're ber? CVNA is at $368, and you are ber?
Rotating into high quality defensive stocks like CVNA
You joke but I wonder if there isn't something to it. Maybe all the hate is like a loaded spring, ready to snap back when even tiny good things happen. I say this as someone burned by my own CVNA short. I seriously think the best example of this was GME. Dunno if you were around here back then but when DFV first started posting about buying it, wsb *hated* GME with a passion.
CVNA puts = instant ramen retirement plan.
I think because CVNA has trampled the bodies of thousands of bears already. They don't need to make it easier to do lol
Another sacrifice to the CVNA gods.
If you’re looking to short CVNA wait til 9/5 Auto sales report comes out then, I can assure new car sales are in the gutter.
I don't know. If not 3x, what about 2x or even 1x. They have one for TSLA, APPL, AMD, etc. I guess CVNA isn't popular enough.
If CVNA does like 3% tomorrow I’ll be stoked
That's cool bro. The spread on CVNA contracts is wide. Hard to get filled.
if you can prove any fraud im sure you can work with Andrew Left or any other famous short seller and make billions. otherwise youre just a guy saying shit online like me a CVNA bear who got fucked. All of us are waiting impatiently for you to expose them....
I made a little money on CVNA puts, this was like my 2nd ever option purchase and I was scared to death, lol https://preview.redd.it/27cub6lp1vlf1.png?width=1008&format=png&auto=webp&s=0935c7e83b91e2f8137b9e65a3844212bd8dcd19
It is always a terrible idea to buy puts on CVNA
Opened CVNA puts thinking I was the next Michael Burry. Now I’m just Michael, broke and blurry, squinting at my Robinhood account wondering how $5k turned into $170 faster than my ex left me.
Lol I love how much money people lost by buying puts on TSLA and CVNA, they will never learn.
Calls only on CVNA brother
I’m in the same boat as you. $CVNA is the single stock that I lost the most money from.
We need another CVNA short report
87% of CVNA institutional holders are on profit, now why the fuck would they sell?
Can everyone short CVNA so this shit go down once and for all?
My best performing security is CVNA
Yep, a guy here was up $280k by shorts and Puts on $CVNA right before earnings on July 30. Could have closed it out and walked away with about $300k. Instead, he let it all ride on earnings, because $CVNA is a bullshit, phony company, amirite? Gotta have bad earning, right? Earnings report was A+. Guy was left with $12k.
Yeah but those were near the ends of the investigation. For CVNA it’s just beginning
Instead of using that $60 billion buyback authorization to buy back NVDA shares, Jensen could just buy Target, Ford, GM or CVNA. OR....3 of the top 10 US regional banks OR....CRWV *and* Reddit
please stop going up CVNA, I beg you
CVNA being investigated by SEC. ROOT possibly involved someone.
forgot to close this tab from some time ago.... i see it'd diint age well amigo... i guess CVNA is on another level retarded it appears.... i still don't know a single person who sold/bought car thru them, and i hardly see any of their delivery vehicles on the road, maybe like once or twice a year.... go figure
Manipulation triplet: TSLA, PLTR & CVNA
even people making 100k+ are buying used cars. CVNA to 400
CVNA is about to bust
TLRY will run like PLTR, NVDA, CVNA! don't be silly!
this will RUN like PLTR, NVDA, CVNA! don't be silly!
Rubbing one out to Sydney Sweeney in the cracker barrel shitter just hits different. CVNA to $350
Added more CVNA shorts today. So many red flags in that company
Idk bout y’all but CVNA giving me some solid gains right now
The association with CVNA is an obvious red flag.
Apparently CVNA has warrants around 10-12 that could be exercised 9/1 which could drop this even more..
Educate me a bit but I read somewhere bulls say the dump was intentional to prevent CVNA from exercising their warrants. But if they did and sold, wouldn't it cause the stock to dump too?
We all remember what happened with CVNA.
I made six figures from the CVNA trade (not looking forward to the capital gains tax next April) and I put a 5 figure amount into OPEN at around $1. I'm gonna see how high it can go.
People were saying the same thing about CVNA (gonna go bankrupt) when I got in at $5 and it went up to $50 then $100 then $200, etc. I finally sold at $350.
Scalped puts early and calls right after on PLTR. Now I guess I just sit here and watch what crazy bullshit goes on with OPEN today. Say what you want about it but the majority of wsb was wrong about CVNA, wrong about PLTR, wrong about HOOD.
This meme stock attempt is a ploy by CVNA execs to excerise thier warrwnts before sept deadline. Bagholders beware
Sell some if down this week and keep going further out on rips. hype is dying but its like CVNA and TSLA, cult meme stock/bear killer. When it finally blows it will get hit hard.
Is $BBW free money? Goes up 20% every earnings like CVNA and APPS. Why so many people buying stuffed animals at the mall? Maybe rise in autism rates (with respect).
Which of these will likely get added to SP500 in the next rebalancing? HOOD, CVNA, APP, VEEV, LNG, ARES
Agree on non-GAAP being a joke. It's also astounding that in 2020 they launched with such a poor plan and unprofitable model, no really plan to fix it other than "scale" and praying somehow the market would forever be in their favor. They were somewhat unlucky as they went heavy into buying in 21 and 22 right at the peak--though you would hope that they would have smart enough people and data as to have understood what market-appropriate pricing and margins were given potential macro changes and would have had a plan should the market change. The fact that they didn't, well that's why they deserved a $0.50 share price. The fact that Zillow appears to be platforming for realtors now seems like a concession to buy time; no one has the analytics, clearly, at present to actually appropriately price, buy, move or hold real estate across markets--even with all the data someone like Zillow has. Rather than being a the bag holder they'll give some of that margin up and just platform for bag buyers and holders, casino always wins. Reminds me of what Uber has done; robo taxis 5 years ago were clearly coming but not there yet so they made drivers as disposable as possible so they can pivot when the tech does exist. I definitely didn't compare them to CVNA, it's a red herring or the price of tea in china and has nothing to do with this stock.
from chat GPT: Here are the **top 5 companies in the Russell 2000 index by market capitalization** as of July 1, 2025: 1. **MicroStrategy Incorporated (MSTR)** – **$112.37 billion** [Disfold](https://disfold.com/stock-index/russell-2000/companies/?utm_source=chatgpt.com) 2. **Carvana Co. (CVNA)** – **$40.16 billion** [Disfold](https://disfold.com/stock-index/russell-2000/companies/?utm_source=chatgpt.com) 3. **Barnes Group Inc. (B)** – **$36.90 billion** [Disfold](https://disfold.com/stock-index/russell-2000/companies/?utm_source=chatgpt.com) 4. **Super Micro Computer, Inc. (SMCI)** – **$29.09 billion** [Disfold](https://disfold.com/stock-index/russell-2000/companies/?utm_source=chatgpt.com) 5. **Comfort Systems USA, Inc. (FIX)** – **$19.08 billion**
As a CVNA ber, some lessons exists for a reason. Just learn from it
I actually thought about buying a leap on cvna end of 2022 for 1 mill at $4.4/share, but wasn't sure what the restructuring would even look like and market reaction or if the Garcia family would funnel money via drivetime to carvana to prop up earnings spurring market sentiment again which was my thesis of it going to $90 max (prepandemic sentiment), so backed off since and wasn't sure if the stock would meme up via options traders betting on price action. Really regret it now lol That being said, I still don't see how your analysis leads you to conclude that CVNA has a moat given that this is still a commodity business and most people don't want to buy a car online the same way most people don't want to buy a house online. I see how they can potentially optimize their business with delivery in the future for logistical costs and reconditioning, but the stock value of the company assumes they will sell about 3-4 million cars a year at their current margins assuming they can refinance their debt. Also with most execs outside of the Garcia family cashing out like 80% of their stock holdings, now that is has gone back to all time high, isn't that another example that the valuation is out of whack?
129M shares was pre-split. After the 1-18 split they have 7.2 million possible to exercise short-term. After the split, the strike prices are $180-216 in the short-term tranches and $180-$540 in the long-term tranches (both numbers are quite a bit higher than the stock price last time I checked...) Sauce: https://www.stocktitan.net/sec-filings/ROOT/10-q-root-inc-quarterly-earnings-report-449d5fd08d7c.html > In October 2021, we issued Carvana eight tranches of warrants, comprised of three tranches of “short-term warrants” and five tranches of “long-term warrants,” with the opportunity to purchase a maximum of 7.2 million shares of Class A common stock. The short-term and long-term warrants have expiration dates of September 1, 2025 and September 1, 2027, respectively. > As of June 30, 2025, all of the short-term warrants have vested and all of the respective compensation cost has been recognized. While the short-term warrants are vested and outstanding, it is not a possible outcome for the long-term warrants to also vest, so they are considered not probable of vesting. If, however, the short-term warrants expire unexercised during 2025, and at that time certain long-term warrants become probable of vesting, we would recognize a cumulative warrant expense catch-up in other insurance expense considering the probability of and progress toward achieving the long-term warrant policy origination milestones. CVNA has 780k Class A preferred convertible shares with a $162 conversion price, seems unlikely that they would care to do that right now. They also agreed to "non-transfer restrictions for 5 years past Oct 2021" (https://www.sec.gov/Archives/edgar/data/1737364/000169082023000261/cvnaschedule13d_aroot.htm) So unless ROOT moons to over $180 within (checks notes) about 1 week, they will expire unexercised and the next batch have until 2027 to play out. We shouldn't really expect much dilution. Maybe someone else can point to some contrary evidence. This isn't to say ROOT is a good stock, just that this "convertible notes dilution" event seems like a very small piece of the story.
Clearly a P&D. Check ROOT 10-Q. CVNA has warrants they desperately want exercised, they need liquidity to continue their own fraudulent activities. Plato once said “the avarice of Earnie the Turd is insatiable”
These warrants are owned by CVNA, mostly at strike prices around 10-12. Not exercising would leave literal billions of dollars on table. Additionally, CVNA has MORE warrants for 2027. This stock is almost capped by these warrants. CEO is completely stuck, and Carvana could theoretically buy out roughly 20% of the company for 90% off its current price.
Because their DD was too hard to read. I read at a 2nd grade level, if you're DD doesn't have enough 🚀 and 🔥I'm just going to assume it's as dumb as I am (It's in the insurance business and they are a primary underwriter for CVNA loans, which are high default rate. couldn't find an answer on why they would be a good bet if my fundamental view is bearish on CVNA)
No I don’t believe it’s the next CVNA I believe it’s actually something far better with much more opportunity. The US housing market is much larger than the used car market and this is also an AI play $5 to $10 to $40 to $82 to $100 to $200 and then $500
Come on you came here to say This is why I don't bother picking stocks anymore lol. With stocks I never even heard of. GS/JPM to boring bank stocks doubled since March 2023. That just boring stocks imagine if you bought stuff like PLTR, CVNA, ASTS, etc on March 2023.