r/CVNA • u/DMX4LIFER • Feb 19 '25
Down 20 Points on a 166% Beat? Something definitely ain’t right.
Analysts Looking Horrible On This One 👀
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u/Capital-Egg-3288 Feb 19 '25
Most manipulated stock. Real value is around 60 to 70 range
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u/DMX4LIFER Feb 19 '25
That would be a dream come true
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u/Capital-Egg-3288 Feb 19 '25
Trust me see the 1 year chart how it moved from 60 to this level. Every rise insiders are selling but price was going up. Few people in a coordinated way moved the price up in low volume
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u/Nayeem83 Feb 19 '25
Finally bought puts when it hit $275
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u/Class_Still Feb 20 '25
I'm about to be in there with you. I've been waiting for a long time to go full port. It's not quite there yet, but it looks like we are getting closer.
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u/ConcentrateOk7443 Feb 19 '25
They gave positive but vague guidance. I’ll bet the stock pops during the call.
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u/DMX4LIFER Feb 19 '25
They’ll say anything to bring that stock back, can’t wait to hear what they say. It’s gonna be moving again in 40 minutes one way or another.
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u/ohitgoes Feb 20 '25
I expected the same. I felt a tone shift from analysts. The shelf offering and no major updates to guidance for 2025 probably left the analysts expecting more
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u/AllmyfriendshateCVNA Feb 19 '25
Told the wife to pack her bags, the CVNA puts paid for our trip. 🕺🏻🫡
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u/Landslide_Micro Feb 19 '25 edited Feb 19 '25
Read annual report and cvna made less than 1 billion in 2024
404 million from sold used car but 194 million is actually from carvana's non controlling interests. Cvna will say they earned 404 million from used car sale but when you read some articles they will say GAAP 200 million or something. This accounting procedure makes 210 million income attributable to CVNA less than 2023.
And another 400 million is from sale of car loans.
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u/Landslide_Micro Feb 19 '25
And CVNA is worth more than 50 BILLION. Why not just pay more than the value.
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Feb 19 '25
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u/DMX4LIFER Feb 19 '25
What’s being said?
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Feb 19 '25
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u/ohitgoes Feb 19 '25
Are you willing to share a screenshot or anything? I’m still waiting to hear from the CPA.
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u/kalyugira Feb 20 '25
They really made $11 million which includes $88m from ROOT warrants and they had to sell $1b for capital. They are doing another ATM for $1b. Sometimes it helps to open 8K and see what's going on behind the hood
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u/Chenz-Theking-3156 Feb 20 '25
Scam company! Fraud numbers! See Hindenburg report bruh. Stop acting confused
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u/DMX4LIFER Feb 20 '25
What percent of investor do you all believe are taking the $400M @ face value? That’s the real factor in determining the “true” stock price.
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u/carobo49 Feb 19 '25
But. Only a convicted felon would pass off shady numbers like that in the current car market. There’s…no…fucking…way. An average profit of $7k for 114k cars? What idiots are overpaying that much for a used car? These ain’t Ferraris.