May. 21 at 7:49 PM
$CVNA guys, dont you get it yet? in a bad macroenvironment, they have none of the downsides of companies like
$ALLY because they already sold all of their loans, their profits per loan will actually go UP and theyll have no drawdown
in a bad macroenvironment, used car sales INCREASE
in a good macroenvironment, used car sales INCREASE
in a good macroenvironment, they also make more per sale.
this company has zero risk in any environment; it's evergreen. most of the stock market understands (thats why its 300/share) but you poor fools dont. sad, really. doesnt have to be this way. just buy shares