Why do all these insider selling posts even matter? It’s not like you’re going to identify who sells what when.
aregulardude on
Insider sells are meaningless. People sell stock for a dozen different reasons.
Now buys, those are interesting because people only buy stock for one reason, they think it’s going up.
moldyjellybean on
It is but everyone who is in the car business says their numbers don’t add up, the father and son are known to be scammers so yeah draw your own conclusions
powderdiscin on
Wow, that’s *sooo much*
The_Juice_Gourd on
The puts are expensive af because everyone knows its a fraud ![img](emote|t5_2th52|27189)
Substantial_Diver_34 on
Believe it or not… rip. Be careful with the poots.
I thought several years ago this company would be gone by now and I shorted the shit out of them only to be bit in the ass. I can’t wait for this father-son duo to see jail time.
shamwew on
Imagine thinking that selling 13.8 million dollars worth would move a 23 billion market cap.
Awkward-Ring6182 on
Wen my puts gonna rocket?
ThinkingOfTheOldDays on
I would sell too.
Mythiic719 on
Regarded but not dumb!!
psychohistorian8 on
I traded my car into carvana and got a newer one from them
easiest thing I’ve ever done, I hope they don’t go under
throwaway_0x90 on
> _”These transactions were conducted under a pre-arranged trading plan, known as a Rule 10b5-1 plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.”_
So this is a non-story then. This plan schedules sales ahead of time. There’s no proof any shady things are going on. In fact this is evidence to the contrary. They are following the fair and we’ll established legal process that all major US companies follow.
…. unless someone has specific proof of something else happening outside of this rule.
mangotangotang on
This is how it is. New style stock market operating on NFT crypto style paradigms. Everything is manipulated. No one cares about the fundamentals of the company. See $DJT.
OrangMiskin on
Are my puts 6/21 safe? Lmao
RedElmo65 on
Cool. They’re rich!
mark1forever on
was pumped up to almost $400 right after the pandemic and it went down to $4 about a year ago for a reason, why would anyone think that it’s worth what is worth today?
fullouterjoin on
God I love you fukregards! You are this amazingly powerful corrective function.
Sandvicheater on
Meme car selling company can stay greener longer than your regarded ass can stay solvent
MuteMouse on
so what strike and exp puts?
nightjar123 on
I had put options that expired on Friday that were up 100% at market open. Didn’t sell. Expired worthless =(
fe2sio4 on
Fuck that. Got burned on puts too many times on this company.
SideBet2020 on
Better sell it all. This stock gonna crash and burn.
Bone_errr on
What if uses that money to buy 500 vending machine cars
Pitiful_Inspector_62 on
This news was not suppose to be public 😶
OasisRush on
Lol last time I seen this stock, it was down over 90%+ and all over news media, now it’s back up to 100+
yassbrendan on
The run up was suss AF
randoredditor23 on
Your last statement is exactly why I will not be buying puts
31 Comments
Some insiders got a bonus, paid in stock options, and they cashed in a day after…
[https://www.barchart.com/stocks/quotes/CVNA/insider-trades](https://www.barchart.com/stocks/quotes/CVNA/insider-trades)
Why do all these insider selling posts even matter? It’s not like you’re going to identify who sells what when.
Insider sells are meaningless. People sell stock for a dozen different reasons.
Now buys, those are interesting because people only buy stock for one reason, they think it’s going up.
It is but everyone who is in the car business says their numbers don’t add up, the father and son are known to be scammers so yeah draw your own conclusions
Wow, that’s *sooo much*
The puts are expensive af because everyone knows its a fraud ![img](emote|t5_2th52|27189)
Believe it or not… rip. Be careful with the poots.
$🤑$
Yeah, that insider chart over the last 2 years is pretty telling: https://altindex.com/ticker/cvna/insider-transactions
I thought several years ago this company would be gone by now and I shorted the shit out of them only to be bit in the ass. I can’t wait for this father-son duo to see jail time.
Imagine thinking that selling 13.8 million dollars worth would move a 23 billion market cap.
Wen my puts gonna rocket?
I would sell too.
Regarded but not dumb!!
I traded my car into carvana and got a newer one from them
easiest thing I’ve ever done, I hope they don’t go under
> _”These transactions were conducted under a pre-arranged trading plan, known as a Rule 10b5-1 plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.”_
So this is a non-story then. This plan schedules sales ahead of time. There’s no proof any shady things are going on. In fact this is evidence to the contrary. They are following the fair and we’ll established legal process that all major US companies follow.
…. unless someone has specific proof of something else happening outside of this rule.
This is how it is. New style stock market operating on NFT crypto style paradigms. Everything is manipulated. No one cares about the fundamentals of the company. See $DJT.
Are my puts 6/21 safe? Lmao
Cool. They’re rich!
was pumped up to almost $400 right after the pandemic and it went down to $4 about a year ago for a reason, why would anyone think that it’s worth what is worth today?
God I love you fukregards! You are this amazingly powerful corrective function.
Meme car selling company can stay greener longer than your regarded ass can stay solvent
so what strike and exp puts?
I had put options that expired on Friday that were up 100% at market open. Didn’t sell. Expired worthless =(
Fuck that. Got burned on puts too many times on this company.
Better sell it all. This stock gonna crash and burn.
What if uses that money to buy 500 vending machine cars
This news was not suppose to be public 😶
Lol last time I seen this stock, it was down over 90%+ and all over news media, now it’s back up to 100+
The run up was suss AF
Your last statement is exactly why I will not be buying puts