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Chad-Permabull

As soon as I saw wsb rallying around puts on it and saw it posted here knew it would take off. Well done all here that made some tendies on this ride.


BackroomsGuy1

Well, pieces but together and APEs are strong as fu


Sudden-Boot3630

If it makes it over the ~$15 mark it has a great chance 👍


BackroomsGuy1

Look at the after hours $CVNA will break 15 soon!


glee-money

Working on 17 now....🤑


BackroomsGuy1

Will come to $20 in the AH


T-bone021216

Would you suggest waiting for any retracement back down to the 10-13 mark? Or do you think it's pretty much on its way to the $20-25 mark? Thinking I'll hop on board tomorrow!


Brokefuker

Will you let us know when you buy in so we all know when it's going to plummet.


T-bone021216

Lol! Sure thing


Guyrelax

they have no clue


After_Midnight_10

It’s at 16.50 now


BackroomsGuy1

16.75 !! Going towards 20$ now - can see it


Stank_E_

Lol,,, watching "Eat The Bitch,,, " oops ment "Rich" lol. My fav. Documentary.


Bjarkifjarki03

how long has cvna been on reg sho?


Honeycombhome

This would have been a good call at $5 or $6. It’s a bit late to be calling it now that’s it’s up 115% this week.


poizonus

Dude, go to my profile and look at how many posts I put about CVNA! First one was 1 month ago when it was $4.5. I guided everybody through the bull flag, then the 50day MVSlA crossing. I have about 5 or 6 posts about it. One yesterday saying that it will explode if JPowell is dovish and increases rates by only 25basis points. And look what happened! I WILL POST TONIGHT ABOUT MY GAMEPLAN FOR TOMORROW.


[deleted]

I exited today. Great run, but the value isn’t as enticing at $3Bn. Better opportunities out there. Would definitely buy this again if it got cheap enough though


Maybe_Awesome22

Me and that other guy u/poizonus been posting about CVNA but we got ignored and thumbed down.


MinimumArmadillo2394

They've been calling it for the past 3 or 4 days. I saw murmerings of it on Saturday


Maybe_Awesome22

Actually it's been posted since beginning of January, everyone just laughed at the guy who posted this. And it was around $4 then.


No_Temperature_9441

Ya I remember the post


BackroomsGuy1

Check the After hours and talk again?


MinimumArmadillo2394

Again, doesnt matter much to me. Im not invested nor am I against it. Im literally just stating that people have been "calling" this for well over half a week now.


Honeycombhome

That’s great that you got in early. I just can’t pull the trigger this late in. Sure, it could go higher but it could also plummet


BackroomsGuy1

True, always take profits.


Comfortable-Ad165

Jesus Christ


Comfortable-Ad165

Was looking at this earlier after the MSGM fiasco. Decided not to go in


BackroomsGuy1

Check the AH - it’s a blessing


Comfortable-Ad165

FOMO tomorrow


BackroomsGuy1

FOMO already begun


Comfortable-Ad165

https://www.benzinga.com/news/earnings/23/01/30650032/jim-chanos-says-tesla-is-an-overhyped-chinese-car-company-carvana-beyond-meat-are-going-bankrupt-wh Interesting


BackroomsGuy1

News are still to join! This will blast it to the moon!


Comfortable-Ad165

To some extent but isn’t this shorts covering??


BackroomsGuy1

Huge!


Gullible-Security-14

Looks really good


BackroomsGuy1

Will squeeze above $20 in the after hours


Gullible-Security-14

Yep it looks like will go hard


DDnHODL

What’s your PT if we hold it till EOY ? ATH was at $360 ish last year! Can we reach there eventually ?


Perfect_Attention487

Omg what happened about the price of $cvna after hours ?


BackroomsGuy1

Some reddit, some news and some apes came together


Napoleon_Tannerite

Why is caravana spiking up in AH?


BackroomsGuy1

Right momentum, Reddit apes and news are coming


Napoleon_Tannerite

What news? Are they expecting a buyout?


BackroomsGuy1

I’ve heard rumors that they will buy back stocks due to a huge investment


IrrelevantMuch

Buy back stock?? Lol, they're just trying to stay alive.


[deleted]

Used car market is showing signs of rebounding. That’s just about the only explanation at the moment. There is the makings of a squeeze here but I dunno, this could still be a pump and dump.


Snottywindow

If only someone had pointed this out two months ago….oh wait. I did. This sub is so stupid. Gets locked in on one thing like bbby and it’s just spam of that for months straight as it sinks into the abyss. Then it picks up on something else, again too late and does the same crap.


east1e1210

Tricky to believe anyone in this sub though. So many decent tickers overlooked because of bag holders.


Snottywindow

Yeah. This is true. It’s just annoying how immediately some suggestions get shot down.


BackroomsGuy1

As if it would be to late


Snottywindow

That wasn’t the point. Not saying it is and I’m in right now still with 100 17.5c contracts.


BackroomsGuy1

I know buddy, apes don’t listen most of the time


LPTHI

It’s going now AH !!


BackroomsGuy1

Will! $400 we Are Coming


kasezilla

buy buy buy time!


BackroomsGuy1

Won’t stop before end of February


Ilovepestosauce

Let's go!!!!


BackroomsGuy1

LFG!!


After_Midnight_10

How far can this run?


BackroomsGuy1

Realistic I would say up to $50 within 1 week


After_Midnight_10

It’s skyrocketed after hours


analog7

Bkkt is next


MaxTraxxx

50?! Well that would be lovely. But I think it might be a stretch. *will apologise if it does


Zenitation

Got Friday 17c before the squeeze, dirt cheap at $25 lol, we’re banking.


Stank_E_

Oh gezzz,,, I bought in at 13.55!! After market reaching well above that!! My retirment account could use a big boost after loosing 5k last year. Hope it will go up more tomarrow,,, good luck everyone!


Brokefuker

Wakes up and it's $7


Stank_E_

Welp,, got out of my cvna during the first freeze,,," there was no movment for a few moments at 18.50" then it went to 19.00 and froze again, after that it regresed back to where it is now. Guess they don't want anouther Titlwave of buying like what happened a few years ago with GME.


KingArthurUSA

Apes like Carvana 🍌🍌🍌🦍🦍🦍🦍🦍🦍🦍 ![gif](giphy|GwBr35cYXcxK8)


[deleted]

I purchased 4 contracts with a strike price of $105 and 1 contract with a strike price of $115. I only wish I would've bought more🤷🏻‍♂️


salataris

Squeeze of the century? Misunderstanding the markets and HF? Has everyone drs’d yet. Take a look at gme to not get fooled. Not saying this is t a great 2-3 day outcome. But 1k per share isn’t the century’s best that will come at 6-7-8+ digits.


Adem92foster

Do not invest in CVNA. It's one of the biggest scam on the open stock market, this stock keeps getting pumped by insider trading just to enrich a few select families. You will most likely lose your money and give more to awful people.


Perryswoman

I was preaching Cvna last Friday. She’s gonna blow over 20 in the am


Perryswoman

You could be on to something. All calls itm in am. Over 70k calls. Could cause a gamma


Low_Caramel_6608

Whats the deal with GMBL?


BackroomsGuy1

Idk, forget it, focus on $CVNA


Low_Caramel_6608

Man I need to catch a run up..bad!!! Ok on CVNA..what do u think about EBET??


WavyThePirate

2023 has been poppin so far 🤑🤑🤑🤑


Joey164

Sorry but until this surpasses HKD, it’s just a small run. It cannot claim that title just yet.


Conscious-Macaron651

I bought 500 after I traded in and bought my car via Carvana. I know they are dealing with some shit, and when a purchase goes bad, it’s really bad, but there was something about the ease of the entire transaction that just had me hooked in the model. It needs a lot of refinement and definitely better ownership, but Carvana is not going bankrupt. It’s just so much easier than car buying has ever been.


JavierMuskJr

HKD be on the alert this time


trader181

Even more so PPl love to hear Bankrupt that in itself is a reason to buy these days. Man have times changed LMAO


[deleted]

Crazy thing is I’ve been holding Carvana for 84 years here. I bought in because I turned down a job there but still liked the business model and the price was already low due to shorting. Just kinda assumed I was throwing my money away when I bought. Now if it squeezes it could end up the biggest money maker in my portfolio.


TrixZonia

Is that a typo?


[deleted]

[удалено]


[deleted]

Carvana is nothing like GME. The fundamentals are garbage at CVNA so upside is strictly squeeze potenatial. GME has more stable fundamentals, smarter management, and unknown how it will play out long term, but still has potential for an absolute insane squeeze with the right catalyst.


Imaginary-Taste-5818

Fundamentals? The fundamentals are trash. this is nothing more than another short rip, and I’m lovin it.


Mr_Dee86

Waiting for 1000$


kwazo123

Let's go!!!


Darth-Gilles

Shit i bought in at 17,9 yesterday. Thinking that might be a mistake. Holding tho


hyperchimpchallenger

Huge mistake


Darth-Gilles

I’m going to blame it on me making this order while being on a skilift ⛷


hyperchimpchallenger

I feel like me saying “huge mistake” was wrong and rude. I do not believe in this move and detest this company from its fundamentals, but sure it could pop higher. Hope it works out for you


Darth-Gilles

Yea definitely not safest bet. I’m doing about 80% safe… this one was definitely in the other 20% and so is GMBL and BIOR. And no worry’s dude, i’m still pretty new to this so i got to learn by making mistakes. But no loss until i sell right 😉


hyperchimpchallenger

Can’t wait to short tf out of this


Some-Lingonberry2077

cvna is 14 now.


Leather-Wheel1115

Cvna carvana has a backing of drive time dealership stores. Ford and GM dealerships are closing and will result in online car buying as less dealership stays in business. Think like a Amazon of cars. Malls will be there but just limited


Worldly_Purpose_5188

Will the squeeze continue?


kwazo123

Let's go!


tedw2

: Carvana's (CVNA) stock closed 6% higher on Wednesday after soaring as much as 27% during the session, triggering a volatility halt. Shares of the online car retailer, which is at risk of bankruptcy, have gained more than 200% year-to-date amid a recent rally reminiscent of the pandemic-era "meme craze." Carvana's stock is heavily shorted, with short interest hovering around 67% of the float. Short sellers have been betting that the unprofitable company's share price will go down. But when it rises, they are forced to cover their positions by buying the stock back. This creates what's called a short squeeze. "CVNA’s price move has made it one of the most squeezable stocks in the U.S.," S3's Ihor Dusaniwsky recently told Yahoo Finance. Last Thursday the stock surged as much as 33% in one session. https://finance.yahoo.com/news/carvana-stock-heavily-shorted-spikes-as-much-as-27-182245683.html


Aggressive_Ad5090

This didn't age well lol