Nov. 18 at 9:57 PM
$CVNA with these back to back red days in a row, a high beta stock like carvana should be down much more. This is honestly behaving more like
$CACC and
$ALLY , which are up/even. Head scratcher that subprime auto lenders are outperforming the broader market. This isn't a used car company it's a subprime lender. In what world are people saying subprime lending is a good investment moving forward with all the delinquencies going on. Hoping for a delayed selloff for this! Once one institution dumps, they all will, this is on purpose. I get institutions need to prop this up but any retail trader bullish on this name honestly needs to take a good look in the mirror and ask if investing is the right move for them
