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AutoModerator t1_j6iseoo wrote

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1

Belfry818 t1_j6iv556 wrote

Nice. What’s on your plate for tomorrow?

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yao97ming t1_j6iwqg9 wrote

How do people even get into these trades? Technical analysis? Trends?

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Queasy_Excitement_55 t1_j6iy3dj wrote

Carvana πŸ‘†πŸ»πŸ€‘πŸ‘†πŸ»πŸ€‘πŸ‘†πŸ»πŸ€‘πŸ‘†πŸ»πŸ€‘πŸ”₯

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guokaidi t1_j6j520x wrote

Nice Bro πŸ‘οΌ follow You !

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Conscious_Wolf t1_j6j6sd1 wrote

There was some talk about this last week here: https://www.reddit.com/r/wallstreetbets/comments/10i4sjj/carvanacvna_at_what_price_point_do_you_become

I got in when people started posting that they were auctioning off their inventory to dealers: https://www.reddit.com/r/wallstreetbets/comments/zo902s/carvana_has_started_liquidation_process_selling/

Thanks to LittleBullBoy pointing out that insiders buying a ton (over $600millon worth) of shares: http://openinsider.com/screener?s=CVNA&o=&pl=&ph=&ll=&lh=&fd=0&fdr=&td=0&tdr=&fdlyl=&fdlyh=&daysago=&xp=1&xs=1&vl=&vh=&ocl=&och=&sic1=-1&sicl=100&sich=9999&grp=0&nfl=&nfh=&nil=&nih=&nol=&noh=&v2l=&v2h=&oc2l=&oc2h=&sortcol=0&cnt=100&page=1

Then finally: Sum of price of cars (assets) >> sum of expenses over 2-3 quarters (aka, they ain't going bankrupt soon). Coupled with the SI %s, then you can see it makes a good short term bet.

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pw7090 t1_j6nvgvg wrote

So you bought calls on Friday, took profit, and then rebought calls on Monday and took profit again?

Couldn't you just have held through to your thesis?

How do you distinguish between successfully day trading the peaks and troughs and just getting lucky multiple times on a run up?

1