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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 bought ETSY 55p 2/21, small. looking at RIG 5c weeklies but havent pulled trigger yet. no position in CVNA because 250% IV on a coin flip doesn't make sense to me
Ha! I actually have CVNA outs, I wanna die
***"no position in CVNA because 250% IV on a coin flip is not my idea of fun"***
Been saying this about CVNA, their price earnings multiple with their stock price just does not make sense. Let’s see what happens with earnings and this court order- might ride some puts
How to short CVNA please?
Fraud or die this week for CVNA
CVNA either goes to 150 or 550 after this one. I’m assigning 70% probability to 150 and 30% to 550, so my expected value is 270. Either way, I’m loading up on 80p leaps after the earnings
ngl any advisor who buys like CVNA MSTR etc at this point should be jailed
I have some CVNA Aaa bonds to sell you
CVNA has also experienced multiple squeeze driven runs the last couple of years BECAUSE everyone knows what’s going on. But shorting a known fraud still has risk. Look at B Riley as a good example of another one the past two years, although those rallies never sustained and gained.
What do you guys think about earnings coming up in four days? Too risky to play? I think CVNA should be like 10 dollars a share to be honest with you, they have an astronomical amount of debt moving around.
I remember seeing Carvana at $5 and thinking that was a fair price for their shares. I did not buy at the time. Today I look at $345-$485 a share and think that is insanity. It is beyond insanity. It is 5x multiple from the best car companies in America. We are talking giants like Autonation and Lithia who command a far larger share of the us car market from a fortress of smart business and consumer care. As far as lenders making themselves whole after a repossession, I have been fortunate enough to only have to repo a handful of the 3000+ cars I have sold over the years and here is what I have learned 1) The cars come back trashed. Borrowers that cannot or will not pay car loans have no incentive to take care of those vehicles. They don’t change the oil and blow the engine. They hit everything but the lottery. When a car comes back into a dealers inventory it isn’t a matter of selling it again at a miraculous profit, it is a matter of scrambling to recoup any possible income from a catastrophic loss. 2) The creditors who try to pursue those loans in bankruptcy rarely have that opportunity. Once the loan is charged off most banks will take pennies on the dollar, because you cannot draw tens of thousands of dollars from someone who cannot afford heat and electricity 3) This whole scandal is about much more than repos. This is about lying, double dealing, and hiding bad loans from shareholders. Carvana’s business model in and of itself may not be illegal IF they had fully disclosed the catastrophic scope of their dealings with Drivetime. My thesis is that these related party loans might ONLY constitute 25-75% of their annual net income, OR without these loans CVNA may be entirely unprofitable and unable to move stale inventory.
CVNA is widely disliked on WSB.
Yeah, the premiums on CVNA are crazy, and the options are pretty illiquid. I have 350p/300p spread expiring in two months that I plan to hold through earnings. In the meantime, I might buy a few 400c just in case it rips — after all, the earnings call is on their home turf.
Every time someone makes money shorting CVNA, the world heals a little
This ER is the ER that finally kills CVNA
CVNA 100% at least they can fake their way to the top
You must full port into LEAPs on one of the following: - MSTR - COIN - CVNA - AMZN Which will it be 😈
I knew we were at the top when a cooking company called CVNA was added to the S&P
This is actually known information. But the market keeps pumping CVNA anyway.
Why risk selling bad loans to investors when you can hide the loans and sell CVNA stock instead
This only scratches the surface of the schemes at CVNA, but ultimately the rug doesnt get pulled out from under them until the loan funding blows up. And they have been able to manipulate the loan funding and loan sales data to their benefit because they play both sides. When shorts press the stock, they pull moves like dumping more of the vehicles cost into SG&A, which makes the per unit profitability jump, driving the stock up and crushing the shorts. This company wouldn't exist if it kept to standardized accounting and disclosures, but in the meantime, they know how to punish shorts.
Any insider knowledge here? From what we see: Corporate relationship (structure): Carvana was formed out of DriveTime and later spun out; DriveTime is privately controlled by the Garcia family, while Carvana is public, with explicit related-party disclosures tying the ecosystems together. What is *not* proven from filings alone: Carvana’s FY2024 loan-sale counterparties disclosed by name are Ally (MPSA) plus securitization vehicles and one “unrelated third party” fixed-pool buyer; that is different from “sold to DriveTime.” [https://www.sec.gov/Archives/edgar/data/1690820/000169082025000074/cvna-20241231.htm](https://www.sec.gov/Archives/edgar/data/1690820/000169082025000074/cvna-20241231.htm) Having said that, we feel it stinks with $[CVNA](https://marketcrunch.ai/stocks/forecast-price-target/CVNA?utm_source=rddt&utm_channel=organic)
Solid analysis. >not owned by the CEO’s family and associates Is this by itself legally sufficient? Should there be organizational dependency between CVNA and the alluded subsidiaries?
Doing my job to tank CVNA after selling my rust bucket wrx to them lmao
I swear if CVNA goes to 500 again…
I made a mistake and bought leap puts right before CVNA was added to the S&P 500. Lesson learned. However, due to the recent down turn, my puts are in the money. I'm holding at this point because I believe the issues with CVNA are finally becoming common knowledge.
Hindenburg Research released a report outlining these details on Jan 2, 2025... a year ago. Nobody cared as long as there were greater fools that kept driving up the stock. Personally, I'm convinced CVNA is the Enron of the automotive space. Disclosure: I currently own put options on CVNA.
I never understand the valuation metric employed to justify CVNA's insane Share Price. It is what it is, but what it likely is they call Fraud.
The point is that it's unsustainable. CVNA investors are fooled into thinking it is sustainable... by no disclosure They're making money from SBC
Is this the end of CVNA?
Thank you sir! I don’t need CVNA to go insolvent. I started shorting at $470-$490. Share price has fallen to $347. My target CVNA intrinsic value is $35-70 a share
CVNA can remain irrational longer than you can remain solvent. Good luck, sir 🫡
What investors? For CVNA it's a great deal. For those buying the loans, who are the investors?
In a case like that the customer is getting screwed which is unfortunate but that was their choice. CVNA didn't take the hit though if the loan goes bad, Bridgewater does right? How is this any different for CVNA shareholders than had they sold that poorly collateralized high interest poor credit loan to an unaffiliated third party? Once they no longer hold the paper it's not their problem it seems to me. It almost sounds like Bridgewater is doing CVNA a favor. If they know the loans will go bad, they are taking them off CVNA's books for them. The risk to CVNA shareholders in this scenario is that Bridgewater eventually stops taking the loss on bad loans and CVNA can't find someone to buy their future ones.
I dont disagree with your overall argument. But playing devils advocate: the relationship with Bridgecrest and Drivetime are disclosed. It is known that they are owned by a family member. But that doesn’t make CVNA obligated to report on their on their financial condition, does it?
CVNA - galaxy brain central banking - God-tier
How the F is CVNA allowed to be part of SP500?
Well it's not fraud on CVNA's part though? They are legally selling the debt to someone else.. it would be Bridgecrest and Drivetime where anything illegal is going on.
>Garcia owns an apartment in New York's Trump Tower This by itself makes me uneasy to go against or with CVNA while Orange-in-Chief is still around.
So let me get this straight. CVNA sells the cars to under qualified buyers at inflated interest rates and sale prices. It then offloads these high risk loans to Bridgecrest , which is owned by an owner of CVNA. The loans are thus removed from CVNA's books. Thus CVNA benefits from the high sale prices but doesn't take the hit from the loans going bad, which is absorbed by Bridgecrest? Presumably the payoff for the owner of Bridgecrest is that he also owns much of CVNA and the stock price gets inflated because it looks like they are selling cars at prices no one else can sell them for. But he's then also losing money on the loans, offsetting at least partly the gain on the stock. If this is the scheme then why not just sell the loans to investors other than Bridgecrest? Surely someone will want a portfolio of 22% interest partially securitized car loans. I'm not saying the whole thing isn't predatory, I'm just trying to understand the scheme you are describing.
Legal action. Early this week a judge ordered CVNA to disclose to lawyers sensitive documents related to Drivetime
weird how much they're pumping the shitcos, like on what planet is buying CVNA a good idea right now lmao
Gotta love the feds cooking the books like CVNA Where do I buy puts on the BLS
Love it. I maintain a CVNA price target of $35-70 a share. Started shorting in the $470-490 range. Im not here to get greedy, but i’d like this trend to continue
SpotlessCheetah I am confused. I started shorting CVNA at $490 and has plummeted to $342. I maintain the business has an intrinsic value in the $35-75 range. So far the trade has been profitable
CVNA, the most manipulated stock, does not barely move after that...lol
ROOT also is heavily reliant on their partnership with Carvana. Carvana is taking a lot of heat lately. I’ve seen the stock move based on how CVNA performs. Keep an eye out for their earnings to see how Root will do in theirs.
Oh I remember you! CVNA credit spread guy lol
I can’t wait until CVNA gets delisted from the S&P
I’d be pretty happy if CVNA finished <300
First person that makes money on CVNA puts lol
Bro legit picks the biggest losers. $CVNA, $PYPL, $PINS. Okay, I actually can understand why you are down 250k you are buying such random shit. Good luck OP. Next time stick to $GRND calls.
Bro after your CVNA massacre, you STILL came back for more??
CVNA has a long way to fall. There’s a nice interview on Eisman’s podcast from a short side analyst about here CVNA thesis. She got her lunch eaten on it and closed her position sometime ago and vows to never short a cult stock, but I didn’t let that dissuade me. https://youtu.be/Jvfk3On7QnI
apparently CVNA is the safe haven asset
CVNA apparently corrupt but on fire right now...
I’ve had CVNA puts riding since November. $195 with expiration of 1/15/2027. Should I close or keep them going?
CVNA staring to behave like it really should.
Up 80% on CVNA puts, starting to scale out of position and look for re-entries at longer dates. Earnings next week will crush the IV and maybe even give it a temporary pump. Way too unbalanced on the put/call ration
CVNA share price is down $145 from peak last month. 14% in the last 3 sessions. There may not be a fire, but there sure is an awful lot of black smoke pouring out
CVNA put keeping me alive, go figure
CVNA is staring into the abyss
TSLA should do what CVNA doing for the next 2 weeks
HOOD, APP, and CVNA have all flopped fantastically now after several months of getting added to the S&P500.
spy reverses, CVNA: well I guess it's my time to go
ok what the fuck is happening to the IV on CVNA puts
Shhhh it’s gonna be ok CVNA, keep looking at the flowers
CVNA short cooking. Has anyone here ever even used their platform?
CVNA not only is the multiple crazy the earnings are fake too 🤣 Everyone knows it's a scam, but nobody cares. Just let the index boglehead cult pay for this thing.
Still salty CVNA got in the SP500 instead of SOFI
Buying action of 2/13 CVNA 352.5P was off the hook today
Imagine buying CVNA at 480 a couple weeks ago.
My only experience with CVNA. Was this past weekend. The transmission went out on my only vehicle. Bought one on Carvana. 0 down 0 shipping. Only issue was picking out the vehicle. Did not have to leave my house
That’s like every year since 2021 for me. But I only count my wins, and I ignore/forget about any losses or capital drawdowns. My accounting is still less fraudulent than CVNA’s
I had the chance to sell my CVNA puts for a tidy profit… but fuck you I want blood. Holding til earnings
How do you guys find your PUT candidates ? Also did you check CVNA short interest ?
The long awaited downfall of CVNA seems to be near and I cannot be happier
stay away, CVNA options have expensive premiums relative to others and behaves like tesla in that it just won't die (but it should)
I had $16,000 worth of CVNA puts $270 expiring June, took $1k profit, should have HODL’d
What if judge rules that $CVNA must fully cover Drivetime/Bridgecrest if they goes in the negative (an unconventional bankruptcy)
Anyone in CVNA? I think it’s a shit company but earnings might be good. If there’s no new evidence about the company cooking the books, it will probably go above $400.
Gotcha. Hopefully we see auditors quit or something along those lines. CVNA complete fraud of a company
ASTS has by far the sleaziest management of all corporate America, and that includes the likes of QBTS and CVNA...
Yes. Algos and large institutions exiting (higher volume in the am) and then prop it back up a bit in the pm through lower volume. Was down more than 10% at some point today and no apparent news. Big downwards move incoming next week when CVNA reports either restated earnings, misses the 10k submission or their auditors quit…
$35 ? are you missing a number :). Also trading CVNA before earnings and to make money is a ballsy act.
CVNA puts and open and then calls around noon
I am just trying to learn. What was the price of CVNA when you bought the PUT ? From charts I see it was around $385 on the date you bought. I always get confused with how PUTs work.
My CVNA price target remains $35. What you do with this information is up to you
Finally, someone making money off CVNA puts 🫤😕
LMND riding the AI high as well as being more than just car insurance. They also recently partnered with TSLA, so they are going full meme stock. ROOT doesn't have that same charisma and is low volume trading. They had a breakout when they suddenly turned positive with a huge uptick in revenue, apparently from the CVNA partnership. I think they are continuing to reduce their dependence there and increasing their serviceable market elsewhere. If they get out from the negativity from the CVNA relationship, and continue to grow PiF, it just seems a matter of time before the market wakes up. I also suspect someone is heavily suppressing the price to avoid warrants paying out, but that is complete speculation.
APP calls COIN calls CVNA calls
Yeah I saw it yesterday, but CVNA pumped instead. Lol I guess the algos were still triggered to up-momentum.