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To: RomanSoldier19

Was reading up on Carvana today. They’re in deep shyte. Wish I shorted a year ago.

2 posted on 12/07/2022 9:05:40 PM PST by Levy78 (Reject modernity, embrace tradition. )

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To: Levy78

keep lookin around plenty to come

Stagflation Will Rule 2023, Keeping Stocks in Peril https://www.bloomberg.com/news/articles/2022-11-28/stagflation-will-dominate-in-2023-keeping-us-stocks-in-peril

3 posted on 12/07/2022 9:06:55 PM PST by RomanSoldier19 (Res ad Triarios venit;“We are your ghosts, in this game played by monkeys, organized by lunatics” )

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To: Levy78

I could never see how this sales model could work. Over paying to purchase used vehicles sight unseen leaves too much downside risk.

11 posted on 12/07/2022 9:39:03 PM PST by VTenigma (Conspiracy theory is the new "spoiler alert")

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To: Levy78

I own stock in VRM, SFT and LOTZ - all in the CARVANA used car sector. All have problems, but none were pumped to $370 a share with huge debt overhangs. Carvana was a Ponzi.

18 posted on 12/08/2022 2:43:40 AM PST by DaxtonBrown

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To: Levy78

Just another Webvan….

21 posted on 12/08/2022 3:49:54 AM PST by HamiltonJay

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To: Levy78

I’ve heard several stories about customers that buy a car but never get the title. Therefore, they can’t register or insure the vehicle and it sits in their driveway.

The company is dysfunctional.

28 posted on 12/08/2022 5:50:39 AM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)

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