Carvana Co. Class A (NYSE:CVNA)
Old Forum Content for CVNA
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- shoredriver: $CVNA....roll those chub weeklies.....
- shoredriver: $CVNA....New 52 week high......
- shoredriver: $CVNA....sell those fat weeklies.....
- woodman: $CVNA - is kind of consolidating even as it continues up. This has been a great performer for some time. The 50d has been ascending all year. And it's been very good since the beginning of 2023. From low spots (bottoms of the "zags") on the way up: Up ~3600% since Jan 2023 Up ~2000% since May 2023 Up ~475% since Oct 2023 Up over 100% since April 2024
- scottrades: My notes: $SPY CPI Tomorrow $QQQ CPI Tomorrow $IWM Under the 50 Day $DXY CPI tomorrow $TNX Breaking down $GLD Working $GDX Working $XLV Still in an uptrend $SMH Coming off the lows $TLT Above the MAs $IBIT Needs a base $SBUX New CEO $NVDA Earnings Aug 28 $AMZN At the 200 Day $AAPL Back above the MAs $TSLA Above the 200 Day $QCOM At the 200 Day $COIN Watch 200 $MSTR Watch 140 $AEM Gold $NEM Gold $EGO Gold $CVNA Good volume today $IOT Mentioned this morning $MMYT Holding the 21 EMA $SPOT Watch 343.50 $FIX Basing $SE Back to the 50 Day $FOUR Breaking above a base $ISRG Trending up
- shoredriver: $CVNA...green....
- shoredriver: $CVNA....don't think I need to be concerned about today's 150's...If I'm called it would be 30 points plus all the fat weeklies sold...and I can reloadd next week...or not...
- DavidK: @shoredriver $CVNA well I made 25% on puts yesterday and sold . If I held , a double . Fk me
- shoredriver: $CVNA.....still going...looking to sell a bunch of 8/2 CC's....
- DavidK: $CVNA- bought puts . Way over done to the upside . Of economy is slowing , buying a car is not top priority even though used cars would be an alternative . Never understood this business model . Who the fk buys a car without checking it out in person . Amazing
- Wolf: @DavidK $CVNA Earnings and Rev were substantial beats. IMHO, If the market gets traction, I think a 20% day is possible and another big green tomorrow.
- RichardinME: @DavidK $CVNA It's pop was probably mostly due to short covering. Hard to believe this was 3 bucks in fall of 22. It has outperformed the best of the momentum stocks and I think most Crypto.
- Wolf: @RichardinME $CVNA As of 7/15, days to cover was 4.
- DavidK: @Wolf $CVNA no way management can accurately forecast earnings with this business model . Crap shoot . Odds are there is some profit taking after this run up . That’s my bet . I always keep a tight leash on these types of trades in case I am wrong . Up 3.2% so far on those puts .
- Wolf: @DavidK $CVNA Hope you make a good profit. No Position, but some good day trades today. I usually don't short above VWAP.
- Obsxllc: @DavidK $CVNA great idea and took the trade, did well! thanks
- DavidK: $CVNA - how much lower will it go ? Stopped out for 21% profit on puts . I think it goes lower as crooks hit my stoop too easily . Wide spread on the bid / ask .
- RichardinME: @DavidK $CVNA Might be more cost effective to short the stock itself if you can find it.
- DavidK: @Obsxllc $CVNA always working for you !
- shoredriver: $CVNA...overall holding ok.....bought back the load of 8/2 157.50's netted a few g 's..resold the 150's....will see what next week brings...
- scottrades: My video notes: $SPY Near the 50 Day $QQQ Under the 50 Day $IWM Sharp Reversal $DXY Bottom of the range $TNX Breaking down $GLD Still in trend $GDX Closer to support $XLV Good RS $XLU Protective $SMH Watch for a bounce $INTC Down Bad $AMZN Watch for a bounce $COIN Good Earnings reaction $CVNA Good earnings reaction $NEM New 2024 High $EGO Support at the 21 EMA $T Good volume today $JNJ Trying to come off the bottom $ABT Above the 200 Day but extended. $CHDN Mentioned by Dan
- PackRider: $CVNA up over 7% with earning tonight.
- shoredriver: $CVNA.....long from way below...big boom....
- shoredriver: @shoredriver $CVNA ....wheee.......
- traderbren: $CVNA - seeing some interest here as it works to reclaim the 20d
- shoredriver: $CVNA......selling 10 JUL26 135 @1.6 ish... looking@ 8/2 145 @5.50ish.. earnings 8/1 after
- BarryC: $CVNA WW
- Henry: $CVNA Upgrade by Needham to $160 np
- Ben2020: @scottrades $CVNA seems to have broken out. is this a long enough consolidation for a bigger breakout?
- PTinME: @Ben2020 $CVNA Technically this looks good but I have to wonder if it's a long-term short squeeze? This stock was around 3 bucks less than 2 years ago. I have not followed this stock much recently but how can things have changed so much for a stock that was trading like it was going from 3 to zero just a little while ago? I think it would be a great short if were not for the short float that could drive this to the moon if a quarter of the shares have to be bought? I find this interesting because it was talked so much about by bears on CNBC but now that it has a 130 handle nobody talks about it.
- Ben2020: @PTinME $CVNA thanks for the input - it helps!
- PTinME: @Ben2020 $CVNA I wish we had more input but too many things other trades working than trying to guess if this is going to 200 or down to 50!
- BarryC: Hi everyone, GM!! I'm currently #Long: $AVCA, BVN, $CVNA, $DELL, $FCX, $GNRC, $MRK, $MU, $PTSG, $RDDT, $SMTC & $URA I also have some JUNK $GME
- BarryC: @BarryC $AVCA $BVN $CVNA $DELL $FCX $GNRC $MRK $MU $PTSG $RDDT $SMTC $URA $GME #Long I forgot to mention I am long a few this week $NVDA 1000 CALLS (Hero or zero) PURE GAMBLE
- PhilHarmonic: @BarryC $AVCA $CVNA $DELL $FCX $GNRC $MRK $MU $PTSG $RDDT $SMTC $URA $GME #Long Wishing you good luck with your basket of stocks. I like all of them.
- BarryC: @PhilHarmonic $AVCA $CVNA $DELL $FCX $GNRC $MRK $MU $PTSG $RDDT $SMTC $URA $GME #Long Ty sir... I have STOPS in place and will NOT THINK one iota, They either go UP or I get stopped. Strict Plan! :-)
- BarryC: Hi everyone, Im currently #Long: $CFG, $CVNA, $DELL, $FCX, $MRK, $MU, PTSG & $RDDT also have some (small) JUNK $GME
- BarryC: I think its early but started some $CVNA
- traderbren: $CVNA - huge pop in AH. NP sadly.
- GOOSE: A TRADE: $CVNA STO 5/3/24 $80.00 PUTS @5.75
- GOOSE: A TRADE: $CVNA STO 5/3/24 81.0 PUTS @6.30....Just wanted to buy some CVNA cheaper.
- Motorman: @GOOSE $CVNA ER 5/1 $KMX missed FWIW. Nice move through 50d and 20d
- vitoB: $CVNA dtrade long
- vitoB: lookin to go long $AMD $CVNA as 59ers
- vitoB: @vitoB out of AMD at 164 if it gets there, $CVNA at 74.10
- vitoB: $CVNA long, on back of $KMX weakness
- vitoB: $CVNA dtrade long
- BarryC: Hi Everyone! GM! My focus is still on the same: $IBIT (Getting Tight) $CLSK & $CVNA $$$$$$$$$$ :-)
- BarryC: $CVNA
- vitoB: $CVNA starter 89.89 dtrade
- Lou: I'm trying to figure out the impact on auto related stocks like $CVNA from the horrible collapse of the bridge near Baltimore. Baltimore Harbor is truly disrupted and will remain so for many years. Baltimore is also the entry port and more (storage, finish to US standards, etc.) for foreign cars coming to the Eastern US. Whoever has a big inventory will benefit in the short term. As this is a long term problem, used car prices will stay strong and new car dealers on the east coast will suffer. On the sidelines but thinking.
- vitoB: @Lou $CVNA ...like this thought proess...could just play through $RIVN or $F bottom fishing domestics, or car parts $MGA $GT like these setups that dont rely on EV imo
- Henry: @Lou $CVNA #Coal Are they saying years to clear the entrance to the harbor? Certainly it will be years to replace the bridge. Baltimore is a big coal export facility so that will be affected too.
- phgruver: @Henry $CVNA #Coal It shouldn't take them that long to clear the rubble in the shipping channel, but it may take years to replace the bridge. Consol Energy $CEIX has a big coal terminal just inside the harbor.
- BarryC: Watch this one closely!! I'm already #long: $CVNA
- BarryC: GOOD MORNING!! @BarryC $CVNA #long
- BarryC: $CVNA #FYI This 90.48 spot is my Pivot....
- vitoB: @BarryC $CVNA #FYI ...ready to burn rubber, missed this one
- shoredriver: $CVNA....continued perkiness new 52 wk high earlier today.....sell those fat weeklies...
- BarryC: $CVNA is RIPE, I am #Long....
- sgiseller: @BarryC $CVNA #Long time to pick the fruit
- BarryC: Hi Everyone... GM!! I'm currently #Long: $ALLY, $APP, $CTVA, $CVNA, $DKNG $EW $IBIT & $MSFT
- vitoB: $CVNA dtrade long 85.15
- vitoB: @vitoB $CVNA ...nope
- vitoB: $CVNA this is the move i was lookin for, too early and stopped watchin...dang
- BarryC: $CVNA Worth Watching...
- shoredriver: @BarryC $CVNA ....and selling fat weekly calls against...
- shoredriver: $CVNA......some perkiness.....sell those weeklies....
- BarryC: Hi Everyone... GM!! I'm still pretty light overall.... Mostly 1/2 Positions. Currently #Long: $ALLY, $APP, $CVNA, $DKNG (bot with you guys) $EW & $GDDY
- BarryC: I bot 1/2 $CVNA
- BarryC: Hi Everyone... GM!! I'm currently #Long: $ARM, $CLSK, $CVNA, $NET, $TNA & $XBI
- shoredriver: $MDB...loaded at 371 in after market....$CVNA roll those fat weeklies....
- shoredriver: $CVNA....wheee.....
- BarryC: @shoredriver $CVNA 💥💥💥👌
- shoredriver: $CVNA....off but holding up nicely...
- BarryC: Hi Everyone.... I'm pretty light overall... Currently #Long: $ARM, $CVNA, $IBIT, $SMCI, $TNA & $XBI
- BarryC: Im already #Long but $CVNA Worth Watching
- BarryC: Good Moring!! Sorry Ive been a little MIA.... Im currently #Long: $CVNA, $IBIT, $SMCI, $TNA & $XBI... I either took things off via STOPPED OT Took my $$$ and ran.
- PTinME: @BarryC $CVNA $IBIT $SMCI $TNA $XBI #Long I was actually dumb enough to short this around 82. I covered around 79 but it was a lucky trade not a good trade. My thinking was 3 bucks a little over 1 year ago and the only reason it was at these levels was shorts getting shaken out that were too greedy to cover when this was in the single digits. Now I know it does not matter. I just keep hearing Dan saying a stock is worth what the market will pay for it. Even if the traders don't want to pay or are forced to the price action is the same. Good early call on GLD when it was around 188. I missed this one and don't want to chase it.
- BarryC: I bot $CVNA
- Motorman: $CVNA up 13% 7m shares traded already. 32% short.
- champ: $CVNA...this Squeeze is zigzagging....because 43% of the float is reported as being short.
- wijimmy: @champ $CVNA ... Don't get this one... Who is buying a CAR from a vending machine ? .. I'm pretty sure most people would want a test drive 1st...... CRAZY KIDS !!!!
- shoredriver: $CVNA...sell those fat weeklies....
- PTinME: $CVNA. I just shorted 100 shares at 80. Did not think the order would even get filled. Not trying to pick a top but think that it's run from 3 bucks to 80 is a bit extreme. This is just a very small speculative trade. I think this is nothing more than a short squeeze. Risk is I will cover if it goes to above 90. Reward is I will ride it down to less than 10. Chart looks bullish but this company has a reasonable chance of going to zero.
- shoredriver: $CVNA....wheee........
- woodman: @shoredriver $CVNA - Nice job with this one. You've been all over it with your weeklies.
- shoredriver: $CVNA.....big beat.....yasss.....sellt those fat weeklies....
- woodman: $CVNA continuation of breakout from wedge on 2/6. Day 5 of higher highs and higher lows. Earnings 2/22 amc.
- bobbybwana: $CVNA up 7.5% I can’t find any news why but I am long
- woodman: @bobbybwana $CVNA - I don't know why this move either. I bought this back on the breakout on 2/6. It's hitting the old multi-top ~$57 area today (see 7/19/23 & 9/14/23), but it's most recent high is $62.59 (12/20/23). Not sure if it will challenge that recent high before coming earnings on 2/22. I'm sitll holding, but I don't currently plan on holding through earnings.
- natural: @woodman $CVNA Short interest over 30%. That helps.
- woodman: $CVNA continuation out of wedge.
- bobbybwana: Bought $CVNA on 6 Feb after it broke higher from a downward sloping triangle on volume. Down a little yesterday and Boom up over 8% today. Has anyone heard why it spiked today?
- woodman: @bobbybwana $CVNA - I don't know, but that forming wedge spoke to me a few weeks ago. But I bought too early, got shaken out, then bought back on 2/6. I needed to hold it just a bit longer and wouldn't have had to buy it back.
- bobbybwana: @woodman $CVNA That happens
- scottrades: My video notes: $SPY Just under 500 $QQQ New ATH $IWM Above all the MAs $SMH Still great $XLI Near the highs $XRT Working $IBIT We like the coin $STNE Basing $ARM Congrats Longs! $CVNA Working $PATH Thanks Joe $IOT Good volume $VRNS Working $BKNG Breaking out $MSTR Power Move $MARA Power Move $ZS Breaking out $SNOW Breaking out $WDAY Close to the highs $SHOP Earnings Tuesday $GCT Trending let it work
- scottrades: $CVNA Still looks good. here
- scottrades: @scottrades $CVNA Earnings Feb 22
- natural: $CVNA shorts about to get real nervous
Stock Price | $259.36 |
Change | 4.42% |
Volume | 3,880,200 |
Carvana Co is an eCommerce platform for buying used cars. It uses proprietary algorithms to optimize its nationally pooled inventory of over 7,300 vehicles, inspect and recondition our vehicles and operate its own logistics network.
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Past Month
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