CVNA is up a bit after earnings. Hopefully this trend continues for a really long time and I can recover from when I initially invested IRL. If management executes their published operating plan by YE25 without further dilution , the company should be worth 60-80bn compared to the current market cap of 8 bn based on a free cash flow multiple of 10. [Reply]
Originally Posted by Chazno:
Just a little... I got back out at 100. Halts and tiny volume scared me out.
I was allocated 1 measly share this morning before it opened. I was not impressed. I thought about buying more, but the halts and volume scared me too. I ended up dumping my 1 share for 79 bucks. I swear, it felt like this stock was up for all of 11 seconds today. [Reply]
I'm watching it AH. It's up about 50% so far. Probably shouldn't have sold, but you can't go broke taking profit. Especially in a pump and dump like MEGL. [Reply]
Originally Posted by Chazno:
I toe dipped back in at close for 5 @ 96. The line graph for this thing today literally looks like a connect the dots drawing.