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Looks like this Good News is boosting Carvana today!
Cooling Inflation Likely Ends Fed Rate Hikes
https://www.msn.com/en-us/money/markets/cooling-inflation-likely-ends-fed-rate-hikes/ar-AA1jSIE0
Carvana is a fake as they come, in my opinion.
The last 2 quarter reports were complete work of fiction, in my opinion.
Another stellar call. $16. Next?
Anyone that believes any of this filing needs serious professional mental help, in my opinion.
Every other car dealer is having some issues, Carvana setting records…
I don’t think so.
There is something very very wrong here.
I cannot believe their receipt report
Fantasy, in my opinion
$1.00 per share adjusted EPS loss and miss on revenues. They used gain on debt extinguished to create fake accounting profits
3rd Q net income of $741million! Q3 best GPU of $5952! Q3 best Non GAAP GPU of $6396! Strength and profitability! Short squeeze Friday morning! Such great news.
Been seeing regular ads on the tube from Carvana. The one with Kristen Bell.
$CVNA, an e-commerce platform for buying and selling used cars, experienced a surge in summer due to impressive earnings numbers. The company reported a 51% EPS beat in July and announced plans to restructure its debt.
Q2 revenue was $2.97B, and adjusted EBITDA and gross profit per unit increased 94% year-over-year. The stock moved from the low $40s into the high $50s, but hedge funds were forced to cover their short position. The stock moved higher in September on positive debt exchange news.
The upcoming earnings report on November 2nd is a significant catalyst for bulls and bears.
The shorts are winning at the moment, but the volume is so low. Hope it goes up soon!
Or a steady fall to 26.
I like the sounds of that ----i hope you are right
A steady climb to 62 after quarterly report.
What do you guys predict for this stock --earnings report will be coming soon ---i know that doesnt always predict the price movement anyway ----
Saw a delivery yesterday from carvana,pretty cool. Next leg up should oush past 60
Ready for the next breakout. When it hits 58, it will be off to the races north.
Hit 55 today before the bottom fell out.
After hours over 52.
True! After the huge 13% gain on Thurs, it did pull back a bit the next day. Go Carvana!
Nope. Turned out to be 51.
Up 8%, down.04%, and showing solid relative strength.
Hope to see over 60 this week!
Here's a little Good News to start off our week:
CARVANA CHAMPIONS NEW OREGON LAW DIGITIZING CAR BUYING EXPERIENCE
Sep 05, 2023
https://investors.carvana.com/news-releases/2023/09-05-2023-140023674
CARVANA TO PRESENT AT UPCOMING MORGAN STANLEY 11TH ANNUAL LAGUNA CONFERENCE
Sep 05, 2023
https://investors.carvana.com/news-releases/2023/09-05-2023-110017173
Carvana to Complete Debt Exchange with Over 96% of Noteholders
Thu, August 31, 2023 at 8:10 AM CDT
https://finance.yahoo.com/news/carvana-complete-debt-exchange-over-131000840.html
There is so much upside here. They are constantly growing and restructuring their finances. It was over 350 just 2 years ago. Let's see where it goes now!
Go Carvana! Let's pass 50 again and head to 60!
CARVANA LAUNCHES SAME DAY VEHICLE DELIVERY IN GREATER CHARLOTTE AREA BRINGING NEW LEVEL OF SPEED AND CONVENIENCE TO LOCAL SHOPPERS
Aug 30, 2023
https://investors.carvana.com/news-releases/2023/08-30-2023-110012971
Yep lets get 80+
One step closer to buying out ROOT
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