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.
December buys CVNA $182k to $2,500,000
Mentions
Can Hiddenburger or whatever they’re called release a piece on CVNA? I really need it in
I'm about to get CVNA puts. I'm thinking maybe I'll do a vertical put spread though...
So what's with the pump on CVNA and why did I miss all of the posts here about it? Your boy is def gonna short that shit
3k off $600 in 2 trades. Turning my port around after it got ran through by that red month. Googl and CVNA. ALCC should put me high enough to buy NVDA. Fingers crossed.
I also saw the DD on CVNA and I'm gonna get some long-dated put debit spreads
Gonna put on more short positions on CVNA.
Used car prices will be reported on Tuesday by Manheim. That'll tell a tale for CVNA.
who is jumping into *CVNA* **poots** on ^(Monday)?
I have SPY Puts 5/6, CVNA Puts and MSFT calls. Use that information towards your advantage.
Manheim Used Car prices report on Tuesday will tell us if prices continue their downward spiral. CVNA 100p
that CVNA bubble is gonna crash any day from now CVNA: up 900%+ since a year ago
I bought CVNA at $6 around the New Year in 2023 and placed an indefinite sell order for $100 and forgot to change it before earnings. I thought I was so cool calling CVNA to $100 back when it was at like $20, but I totally forgot to adjust it when it became realistic. God, I'm dumb.
Yeah did you see that CVNA is 🐂💩 post?
I bought CVNA call before earnings 💰🤑
Sure is. That's why dealerships are getting wrecked by CVNA.
💯 Agree. SELL CVNA and BUY ENVX
What's interesting about CVNA, is they make a ton of money and margin selling or securitizing their high interest used vehicle loans. When the Fed cuts, auto loan interest rates will drop too, and CVNA will make substantially less too.
The day Root drops below $55, you can safely buy CVNA puts for after Q2 earnings. Or, Sept 20 100p, after they default on their August 18 $252 million interest payment on 5B debt. 
still thinking about puts on CVNA but there was this upgrade from J.P. Morgan
Buffet announced his 5 biggest Q2 investments: DJT, CVNA, IBRX, COIN, SOFI
Don’t fk with CVNA it always win regardless of ER outcome.
NFA but don't buy puts yet! CVNA will psychologically fuck you up. It has no business going up, but it will, and I'd guess it hits \~$149 before it starts the well-deserved correction.
People been calling BS on CVNA for awhile now. But frauds are hard to short. I'm hoping it keeps going up and there's a chance to get in before shit hits the fan.
Currently the biggest scam on Wall Street --- I've got CVNA going bankrupt in 12 months after the truth is exposed.
You and me both man. It was 15% CVNA, 10% SPY, and 75% TSLA for me. Fuck TSLA
Thanks. I might try next time. The only thing is you have to time it even better with options than just shorting stock(?). Could take years (look at ENPH). Or should get puts that are years out? In any case shorting these memes stocks is not always as easy as it looks from my experience. Did well with GME and AMC and first crash of CVNA. Not so well with ENPH, took a really long time to profit. And now this second CVNA pump is going higher for longer than I expected.
I did this with NVDA. It tanked out of nowhere like 1 minute after buying on Wed during power hour. Down $30 into AH. Back up $25 at open, then back down. I sold at a 50% loss. To add insult to injury I was either gonna go with NVDA or CVNA. To add further insult I grabbed NVDA $850 1DTE’s when it hit $830, made my money back then sold those, completely demoralized and just happy to break even. NVDA went up $60 from that point. This was me all day today https://preview.redd.it/mv2y3p6s5dyc1.png?width=626&format=png&auto=webp&s=c1f048d9c841aaedf521718c5af5d4d2cf041ab7
Because in order to make any decent profit by shorting, you have to have a large position. But if you do that, you can have your face ripped off. All the arguments being made here seem valid. These same exact arguments were being made 1 year ago. When CVNA was at $25. Had you take a large short position then, you'd be underwater by 4x your initial short position. What's to say this bullshit doesn't continue and CVNA goes to $500? I've directly shorted GME, SNAP, ZM, AMC, and CVNA in the past and gotten my face ripped off and margin called, by each one, only for the stock to eventually crash. Now you might say "Keep your position small", but let's assume you open up a position that is 2% of your account value, CVNA collapses by 50%, you are only making 1% of your account value. Not worth it. You need a big position to make it worth it, e.g. 20%, but then you are opening yourself up to getting your face eaten. Puts are the way to go. Sure, you might lose your premium, but it doesn't wreck you.
I don't disagree with you, but you gotta be careful. It's CRAZY how long bubbles and frauds can remain inflated. This well known short fund has been pointing these facts out for about a year and they've been getting wrecked this entire time. [https://twitter.com/KerrisdaleCap/status/1668248237940121600](https://twitter.com/KerrisdaleCap/status/1668248237940121600) [https://www.kerrisdalecap.com/wp-content/uploads/2023/06/Carvana-Co-CVNA.pdf](https://www.kerrisdalecap.com/wp-content/uploads/2023/06/Carvana-Co-CVNA.pdf)
CVNA isn’t a car dealer they are a high interest lender to low credit consumers…but yea at some point the dance ends
I’ve found the obvious ones to be so juiced they aren’t worth playing a straddle. $CVNA did not disappoint though.
$10 means $0.10 per contract. $0.10 > $30.00 ($10 > $3,000) if CVNA really did drop to $60.
Mostly on /ES, but also on /GC (up 12k this year on that contract), as well as SPY, AAPL, TSLA, among others. This week messed around with some market short positions on DJT (sold calls), and CVNA (sold calls).
The CVNA piece is cool. That company reeks of money laundering front.
CVNA closed at $121.90 today which is a little over a year after you poste this. I would say the post aged very well after all.
Does anyone believe in CVNA at this valuation? That “I Smell BS” post has me thinking. But usually when I think with WSB I lose.
I made a lot of money on CVNA no doubt ... but, I can't believe I didn't stay long on CVNA and RCL which are were my two favorite options plays. Oh well, glad for those who went long and stayed long
Is CVNA really committing fraud? The earnings look legit
Well they would never acquire a bad driver because one of the “inefficient” insurers would underprice that policy. So Root can only really compete by selecting what they believe to be underpriced policies and undercutting the incumbent carrier. As they grow, there will be fewer “ideal” drivers and they’ll have to give up a few points margin to get that business. With the CVNA partnership, they’re further giving up underwriting control in favor of growth. Additionally, is only true for the liability portion of the policy, not the physical damage. Also don’t discount the “traditional” insurance pricing as inefficient.
1 week way OTM 90p cost like $10 , would can get you like 300x if CVNA goes to $60
How is no one on here posting about GME? 17% yesterday, currently 21% today. Someone said it was sympathetic to CVNA, but that was days ago. Could this be a repeat of 2021?
*Here's what I wrote in another thread a day or so ago:* This is a total pump and dump. CVNA has no hope of ever actually getting out of their massive ballooning debt, so all the Garcias are going to do is manufacture an escape. They aren't even actually TRYING to get out of debt. It's just a countdown until Apollo takes over. About 90% of their long term debt ($5.2 billion back in July 2023) was split into three tranches of secured notes, all of which included an option for no payments for two years. CVNA isn't making any interest payments, which makes their numbers look far better than they actually are. * The first $1 billion capitalizes at 12% and then after 2 years is payable at 9% * The second $1.5 billion capitalizes at 13% interest for two years, then payable at 9% * The remaining billions in debt capitalizes at 14% interest for two years then is payable at 9%. The long term debt grew by over $130 million just over the last quarter and it's going to keep going up at a scary rate because they still aren't making payments. The debt has now grown to $5.7 billion and all the debt is secured by the assets they actually have, in the vehicles/equipment, loans, and real estate. The Garcias need to dump everything they own before the notes hit term because the debt holders will take everything.
Short squeeze CVNA? Is that what’s happening? Asking for someone who wants to buy puts next week!
maybe the move is to buy CVNA puts every friday at open that are extremely far OTM, since they're 0dte, and hope the report gets released then. I have the feeling that somebody like Citadel would release it on friday morning shortly after open after they've initiated their shorts.
Apparently, back in 2021 CVNA bought ROOT stock warrants that allow them to buy shares at $9 - to the tune of a $125 million investment. The most recent earnings beat this week on EPS was entirely due to those warrants skyrocketting in value, which you can see because ROOT stock went from $10 in january to $90 in early April. So in other words - the earnings beat happened because their gamble investment into ROOT paid off. Furthermore, and I don't understand this fully, but ROOT's main profit margin surge was due to an excess in underwriting or some shit, I don't really know but somebody else told me that it won't sustain, and so ROOT shares will likely come down in price (which is exactly seen in the price and IV of the put options for it) TLDR - Carvana beat earnings due to holding ROOT stock warrants that exploded in price, and ROOT stock will likely crash in the coming months due to unexpected profit surge that isn't sustainable. So, short $CVNA.
Mid 2025 if CVNA can go from $4 to $120 in a year this can do 4X
CVNA aka Enron v2.0 fuckin up puts.
The year is 2394, the glomertobons have passed the oort cloud thanks to breakthroughs in squirreldrive technology, and the word "car" has lost all meaning in everyday conversation - used as frequently as the term sextant was used in the 2020s. The new york stock exchange is a distant memory, ever since the great flood of 2235. Somewhere deep in the earth, in a frozen cryo chamber, jeditech23 waits to be defrosted when $CVNA reaches -99.5%. Unfortunately he set a 60 GTC limit on his cryo chamber and since $CVNA inexplicably ripped through the summer of 2024, he is doomed to rest eternally with nothing but his frozen bag of chicken tendies and a voucher worth 5 good boi points, redeemable only with his mother.
Probably averages. They're dealing in volume unlike individual dealerships. CVNA is the Amazon of car sales. Get ready dealership folk, you'll be working at a CVNA distribution center peeing in bottles while shipping out cars to vending machines. This is the future. 💎👐
Shorting it. This price makes no sense. Insiders are selling it per the latest SEC reports. [https://finviz.com/quote.ashx?t=CVNA&p=d](https://finviz.com/quote.ashx?t=CVNA&p=d) mean 12 month forecast is under $100. [https://www.tipranks.com/stocks/cvna/forecast](https://www.tipranks.com/stocks/cvna/forecast)
A graph of $CVNA? That’s my best guess at least, do I win the prize?
Car towers are the future. CVNA
https://finance.yahoo.com/quote/CVNA/insider-transactions/ Cvna insiders selling now.
Of course I have a source you slut. https://finance.yahoo.com/quote/CVNA/insider-transactions/ Consider yourself spoiled, and thank you for reminding me to check. Looks like major selling going on this month! Interesting!
CVNA is a roulette wheel used to game your money. In the auto and the stock market. Banks shorted to nothing, went long at the bottom, now we ride. This is why Gamestore hasn’t rebounded, shorts were not able to take over the castle at the low,, 3 years later they haven’t been able to switch to long, locked tf down.
Wen CVNA correction
Who are they selling their loans to? They reported a $144M gain on loan sales, which is about $1500 per car sold, and probably not every car was financed through them. That’s a lot. Other than that, I don’t see many other ways they could be cooking their books, they don’t have many big, opaque line items that they could be hiding fake income in. I guess Garcia could be selling their loans at a huge premium to drivetime to prop up CVNA’s equity value. That would be my best guess here.
CVNA is not a car company, it's a tech company
This CVNA pump is very healthy and completely normal.
I want to go full port into CVNA puts, but I might get railed just like a real used car salesman 
Just looked at open interest on CVNA. The 20SEP24 PUT at $100 has a whopping 25k open interest. By far a lot more than any other nearby strike at any timeframe. The next closest is 10k open interest for the 16AUG24 90 PUT. I might park some money there for a while.
CVNA is a great business for money laundering. That’s the only way they are making 6k per car. Not on this market.
> Garcia said Carvana also is working on increasing vehicle reconditioning and profitably rebuilding its vehicle inventory, which was nearing an all-time monthly low of 13 days’ supply in March. It has increased its reconditioning capacity of vehicles to prepare for sale by roughly 60% during the past year. [Carvana (CVNA) earnings Q1 2024 (cnbc.com)](https://www.cnbc.com/2024/05/01/carvana-cvna-earnings-q1-2024.html) By the way, Carvana buys cars, reconditions them, and sells. Since they aren't holding inventory for long, the general price trends of used cars souldn't affect them. Your dealership has a ton of inventory btw that sits outside.
Liquidity for the CVNA soprano wannabe family. Be my guest lol
>Unless i am a moron This is very likely the case, BUT, the numbers don't seem like they're possible. CVNA cookin books, BUT, there's no way an EPS being off by 80% wouldn't be caught.
I'm shit, but that shouldn't stop u from pumping me- CVNA
25,160 OI on Sept 20 CVNA 100p That's right after their massive $252 million interest payment is due on their $ 4.4B long term debt. They'll have to issue shares to cover it...they won't have enough cash, even with a very strong summer sales season.
someone must have bought a ton of 0DTE CVNA puts
Would it KILL CVNA to be red for one day?
Spot on. plenty of reasons why this could go to $2000+. CVNA has financial interest to pump this above $1000PPS, as they have warrants up to $540, which ultimately affects their bottom line shown on their recent quarter. Fundamentally its pretty solid as well. see below for the FV projections based on them having best in class loss ratios of 60%. https://preview.redd.it/aan8zax918yc1.png?width=1452&format=png&auto=webp&s=75f4870430bfd007d946a3efc4640b451ef836c7
SPY, QQQ, or CVNA puts? What’s the best play for this regarded market
Are you doubting the post over there that says BYND is the next CVNA? 😛
2.0 was 2019, 4.0 already in 2024? If you have to have three different versions of your product in 5 years you are trying to scramble to win them back. 1.0 was okay, 2.0 imo was awful and after one of those I never tried it again. I had no idea there was a 3.0 somewhere in-between. This is the second post I've read this week that is trying to pump BYND as if 4.0 is a good thing when 2.0 was 5 years ago and they should have gotten it right before this. Maybe this is short-squeezed again like it was the other week, but it's a poorly run company and meatless has zero moat. People were trying to hype up meatless peer TTCF at one point - that went bankrupt recently. That's a smaller example, but it would not surprise me if BYND is a 0 eventually, too and someone buys the brand out of bankruptcy for pennies on the dollar. Somewhat similar, look at OTLY. People were excited about that for 2 minutes ("oat milk is big!") and then it proceeded to lose 95% in about a straight line. It is now currently trying to stay above a buck a share. There is zero point zero moat and people can easily turn to store brands, especially today where store brands are better than they used to be and when people are trying to cut costs, the store brand is just fine for many. CVNA isn't a great business and the way it is run it will probably narrowly avoid bankruptcy every time the economy cools, but at least it has some degree of moat. "Documentary film - A short film about plant based meats and Beyond Meat is expected to be released this summer. It’ll help address the misinformation and spark interest." Not sure what misinformation there even is; BYND is not healthy. Maybe the new version is better but it's up to them to convince people or not and they're trying to convince people in a declining category where there are other, cheaper options. The fact that we're on 4.0 this quickly is not a good thing: it's scrambling to try and get something more people like to win back people during a time when the category has cooled considerably. I see much less space devoted to BYND (and Impossible, by association) than I used to. The restaurant deals - ike when BYND hyped up a Taco Bell partnership, but if people read the fine print it was a few test locations in one market in Ohio - have not worked out. If some sort of documentary is the hope to win people back that's not much of anything to go on, honestly - and apparently the documentary you're talking about is a short on their Youtube channel made by them. They have 20k subs on their Youtube channel and anyone subbed to their Youtube channel is not someone who needs convincing. If that's what you're talking about that's not a catalyst, imo. "I anticipate in the second half of the year, the company will report rising demand which will take investors by surprise." Why do you anticipate this?
Def impressed but also very suspicious about CVNA meteoric rise from the dead within one year. 
Kerrisdale Capital's response to a CVNA bull, March 19 (Kerrisdale Capital is short): > If you say so. We can just revisit this in a few years and see whether your dreams have come true. The stock is up 48% since
You had to be a complete moron to buy CVNA calls, you would lose everything betting REAL money on crap companies like that.
Historically, the personal debt default house of cards starts with... 1. credit card payments declining and aged balances increasing. Then: 2. Banks increase revolving loan loss reserves. 3. Unemployment unexpectedly rises. 4. Unemployed, Over extended People stop paying their time debt and credit card balances. 5. People stop paying their car loans. 6. People atop paying their mortages. Puts on CVNA.
Someone saying there was a typo in CVNA earnings.... Maybe it was me....
I caught your champagne glut and chugged it because I had CVNA calls* *I only had two calls so my 1928% increase only earned me $1,079 because I’m a coward and can’t bet real money
I got destroyed by CVNA puts last time and I got more this time. Fuck it, pos lemon selling stealership
Valuations don’t matter. Look at CVNA. It’s all BS
Seems like the overriding sentiment in the responses was to buy shares; there’s just not enough time left for those May 3 contracts. There was a point in today’s trading where CVNA traded as far down as 112. Not sure if I’d have had the courage to wait, but saving ~800 per contract might have convinced me. Hope OP did well. Lesson note here.
Thank God we have safe haven stocks like CVNA and DJT in these perilous times
PTON bag holders seeing CVNA moon 
Oh no. First time buying CVNA puts? That stock is psychological warfare. You know it should go down, everyone knows it should go down, then it’ll gap up 10-20% on no news.
CVNA $120 puts expiring 6/21
CVNA put leaps might be a better choice
CVNA is such a shit tier company I can’t wait until it implodes
If only I played CVS puts them CVNA calls this week I could quit  (would more likely think I’m a genius and lose it all)
Rooting for you. Hope CVNA gets what it deserves one day.
So based on what you’ve said, let’s use $CVNA and $CVS as an example. Would you say there were many options bought on CVNA due to the expected price movement and reason why the options contract didn’t move dramatically up?
CVNA, what is you doing, baby? You're supposed to be going down on me.