I’ve been holding Carvana for about a year now

    https://i.redd.it/on32uoedbqcd1.jpeg

    Posted by CASHAPP_ME_3FIDDY

    30 Comments

    1. Ray_Getard_Phd on

      This has to be one of the top contenders for companies with cooked books, right?

    2. alwaysmyfault on

      This pisses me off, cuz I remember seeing this when it was like $4 in late 2022, and I debated buying.

      But everyone here said that CVNA was just weeks away from bankruptcy, so it would just be like lighting my money on fire.

      FML.

    3. brettwilliamsut on

      I cannot fathom how this company exists – Never would I purchase a car by looking at it online only or in a vending machine, where you have to buy it before you get to drive it, see it, smell it, whatever……..

    4. They just paid me top dollar for a junker. Using my inside knowledge to load up on puts.

    5. Bought at $8 sold it at $16, was feeling pretty good, didn’t believe they had the run in them. But the irrationality is insane, they went up to be 8x of that.

      I am going to buy next year puts, I believe Hindenburg Research might have a few things to say about them.

    6. I’d at least take my $5k out let the rest ride if you really want to hold it.

    7. Plus_Seesaw2023 on

      You deserve every one of those dollars in your account.

      You resisted the temptation to sell just as the squeeze was about to fade! Congratulations!

      However, if this is a lot of money for you and it could change your life… sell. and never look back.

    8. Itriednoinetimes on

      I’ve been holding since close to ipo in like 2017? at $14. It was up a ton within a year or so and sold a bit to cover my cost. Then held the rest ever since. Ive had it so long I don’t even think about it. Should probably part ways with it at some point, maybe use it to buy a car at Carvana haha

    9. juankicks231 on

      Can someone help me or teach me to trade stocks? I’m from the Philippines

    10. Remember seeing this stock at ~$4, how the 🦆 did this company turn around. Like they say there must be some creative thinking.

    11. Organic_Guarantee838 on

      I have had puts on this for months but it just keeps ripping. From 4 bucks to 140 on basically very little profit. Really don’t understand it but if it would go to 50 for me that would be fantastic.

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