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Carvana Co. (CVNA)

NYSE - Nasdaq Real Time Price. Currency in USD
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268.95-0.33 (-0.12%)
As of 10:13AM EDT. Market open.
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  • G
    Growth Bargain
    Looks like a good point to buy Carvana if you have been thinking of buying this good growth stock. The fundamental is very good for Carvana to report huge growth again this year, thanks to car chip shortage that makes new car supply limited and may make more buyers turn to used cars and pay higher prices to buy used cars from Carvana. Take advantage of stock market pull back to load up Carvana if you have been waiting on the sideline.
  • s
    stuckinsideamobile
    Growth Bargin has to be a paid pumper. To simply focus on growth and ignore all the negative factors of this crooked stock is definitely bot like. Carvana compared to Vroom, Car Guru, CarMax and Penske Group?
    Interesting choice of stocks in this used car sector. Carvana has not made a profit since going public in April of 2017. Carvana market cap is 46 billion. Expensive for losses for 4 years. The market cap for Vroom, Car Guru, Car Max, and Penske Auto is 36 billion COMBINED. All but Vroom, which is a very new addition to the competition, is very profitable CARG posted 68 cents a share, Car Max 4.51, and Penske, a whopping 6.73 a share. I am not seeing the argument from growth. The only thing Carvana takes away from profitable companies is the customers with very poor credit. Granted, defaulted car loans do not show up in Carvana's losses. There losses are from poor management and paying too much for damaged cars. But at some point, FFFF is not going to be able to dump Carvana's bad paper and he will not be able to sell his stock to cover the loan losses he buries in his layers of investment companies he uses to hide his sham dealings.
  • T
    Technical Rules
    Very interesting. This stock actually has fairly sizeable number of shorts that can be squeezed. What are the shorts thinking? The U.S. government is printing trillions of dollars. Big chunk of the money will be put into stocks. Better play the long side, not the short side in the current situation.
  • G
    Growth Bargain
    I am seeing many short sellers here could not figure out why Carvana stock prices keep going up. The reason is actually very simple: Carvana is growing very fast. For the past year, Carvana grew revenues by 41%. Very impressive considering the growth was done during COVID pandemic when most other car companies like Penske and CarMax saw decreased sales in the past year. It showed that Carvana management knows how to navigate through a turbulent period and continue to grow at fast pace. Good growth companies like Carvana are hard to find. The stock should continue to go a lot higher because Carvana is still a high speed growth company.
  • G
    Growth Bargain
    Currently there is a very severe worldwide car chip shortage as part of the worldwide insufficient chip manufacturing capacities problem. Several car manufactures had to cut their car manufacturing or even stop some car productions. This can be a problem for companies that rely on dealerships to sell new cars, but this may turn out to be extremely good for used car sellers like Carvana as people who cannot get new cars they want may turn to buy used cars from Carvana. Especially when the colleges and universities start to open campuses for fall semester, many students may rush to buy used cars. This summer may turn out to be big boom for Carvana!
  • D
    David
    FYI. Growth Bargain is a bot. Maybe AI, maybe bot farm in Phillipines
  • D
    David
    AH pump due to announcement of specific earnings release date. That's the market currently.
  • D
    David
    A $50 billion company whose stock doesn't trade for five minutes
  • G
    Growth Bargain
    I did some growth comparisons on some of the stocks that people have mentioned on Carvana conversations board. And Carvana stands out as the best growth stock without any doubt. Carvana has done an astonishing exceptional job in the past year growing at high speed through the pandemic. This is the comparison:

    $CVNA revenues grew 41% for the past year
    $VRM revenues grew 14% for the past year
    $CARG revenues declined by 6% for the past year
    $KMX revenues declined by 7% for the past year
    $PAG revenues declined by 12% for the past year

    Looks like Carvana is taking market shares away from competitors very aggressively. The Carvana management has really done a very impressive job!
  • C
    Chuck
    The problem with low volume for the longs and shorts is if someone dumps a large market order it will cause a exaggerated drop or rise in price depending on if it is a buy or sale order .
  • T
    Technical Rules
    Very nice and quick upturn. Very bullish sign for this stock. Looking strong!
  • s
    stuckinsideamobile
    Had a exchange on another forum that I thought was informative and brought it over to here. Bottom line is.....there is no intent or effort to ever be profitable, just make BILLIONS in the stock market with the help of hedge funds and institutional traders on the take from a federal financial fraud felon (FFFF).
    start
    I watched a knife fight on friday april 9 @ manheim. pa,. CVNA & VRM were bidding against each other. 2 to 3 year lease returns were bringing$ 4,000 .00 dollars over the manheim MKT. report averages . I have never seen anything like this in my 30 years of going to MANHEIM AUTO auction. scary time for used car dealers with no new car franchise to get supply to sell. hard to sell when you pay$ 22,000 for a used toyota camry that only cost$ 24,000 new. only a dead beat with a bad credit score will buy used in this game...

    response
    I have been to Manheim auctions. They are pretty crazy when the bidding gets out of hand. What you are saying is that Carvan cares nothing about profits. It is all about fluffing up numbers to make it look like this is a growth company. They brag about unit sales, but when you are losing 2,000 on each vehicle net/net (after vending machine expenses) you really do not have a business plan toward profitability. You just have a financial fraud master, letting his son play with cars. If they are paying that much for used cars, just to build inventory, it is all about the customer no legitimate, PROFIT BASED company wants because of the loan default. But when daddy is layering the financial entity game and burying the bad paper, it off to the money laundering races.
  • L
    Louie
    The rise of wholesale used car prices created a narrow spread between new and used. Example Cvna is asking 21000 22000 for a 2018 2019 chev. Equinox. Any one can buy one new for 23000 24000 and it would have full warranty and be a 2021.
  • J
    James
    saw a person yesterday that bought a car from cvna two years ago and were happy she was from Phoenix so CHUCK there was one happy customer ::}} the reason i asked this person she had a frame around her license plate that had carvana on it a good way to advertise
  • C
    Chuck
    Anyone else notice average volume low for a while now on many stocks and chat room activity way off from just a month ago. Both of these things suggest that the newbie retail traders are either broke or tired or both and have moved on.
  • J
    John Abraham
    Selling cars on Internet, can u imagine the feeling of getting car like Candy !! Oh man this is 21st century, everything is possible with banks and analysts !!!
  • s
    stuckinsideamobile
    Just took a look at one of the top profitable used car companies. CVNA has NEVER made a profit. Penske Automotive. One of the top five. PE 12. Dividend 1.72 2.1% Profit last year $6.73 per share. MArket Cap 6.6 billion. Carvana is worth 750% of a company making $6.73 a share. Do not get this at all. How can corruption, money laundering, and fraud be so valuable?
  • A
    Anonymous
    cvna did a bond offering instead of their usual equity dilution. how is this not a positive for the stock? can we expect 400 price by end of year. christtmas time and covid times is when ppl buy few used cars per family. and online, phew, thats icing on the cake. go cvna!
  • C
    Chris
    When I bought Carvana my bull case projections imputed 500 percent upside. I am now up close to 1100 percent. Carvana is posting strong sales growth and I think that is sustainable. The company is not profitable but I think they can become profitable if they achieve sufficient scale. However, due to the weak balance sheet and even more troubling insider selling I was forced to make a tough decision. Prudent portfolio management dictated that I liquidate half my position to lock in some massive profits and limit my downside risk.

    My favorite holding period is forever but the never ending insider selling has eroded some trust and made me take some chips off the table.
  • B
    Benjo
    Who bought 1 share to give $7.68 pump?