VRM is trading at an option price, a very cheap option. I am short Carvana and long Vroom, with Carvana in big trouble and Vroom with MUCH lower debt and cash on hand, plus a new CEO, this could be a big turning point.
J
Here's a thought for the new CEO, improve customer service. With high interest rates and a probable slowdown in the secondhand market, now is the time to improve efficiencies and customer service. Focus on the customer and they will repeatedly come back, buying and selling cars. The online car buying and selling experience is the future for the Gen Z bec they grew up on TikTok and using their mobile apps to find dates, order food, hail a ride. Buying and selling their cars is no different.
K
Obviously will be a rough ride … but this stock could potentially be one of the most lucrative investments of all time (that is if you’re in early, so mostly all of us here). Online car buying/delivery is only getting started. Just dollar cost average and hold.
J
With all the troubles CVNA is in, it is the perfect time for VRM to capture market share and grow its business. Hopefully, the new CEO can turn things around. We are at the bottom and can only go up with the right execution by management.
l
Who is chiming in on 5/26 for the investor conference? Going to be 3 hours long. What is the # 1 thing you want to be addressed?
d
650m$ cash without liabilities
J
Not too worried about the rollercoaster share price at the moment. Earnings are what counts. The rollercoaster will eventually become a rocket.
X
Time to add. Do not be afraid the short manipulation. IT will touch 2 tomorrow and maybe 2.5 by Friday. IT is going to fly with the market bouncing.
S
Doubled my position today, me thinks this is the one that survives and flourishes.
J
Interesting that the street hasn't traded thosec 2.5Cs off in a substantial way.
T
Let’s go vroom in Illinois!! 😂
X
I load again today. The earings is excellent and any hint of good news, such as buyout, or repuchase program will spark the flying.
j
Big Day for vroom tomorrow!
j
We will try this again today 1.74 and than 1.85. can we hold that
t
lets get into 2(s) by close
f
The recession is going to hit. Let’s go Brandon. Then people won’t be able to buy a new car they going to vroom vroom
j
Institution ownership is 97% only 600k shares available to short.
Y
spread the news on Reddit. lets move this to $100
A
Any moment
G
some fund is trying to hold this stock back,,hope they lose big and shorts scramble.
IT is going to fly with the market bouncing.
only 600k shares available to short.