Circus About To Start

For the longest time we’ve heard from various sources, polite ‘head scratching’, on Carvana’s ‘numbers’.

Now, it looks like the wheels are coming off and the circus is about to start (not advice, not a recommendation).

This Hindenburg Research reads like we’ve seen (a hint of) that before, here, here, and here.

However, scrolling through Hindenburg’s report, their ‘list’ is nothing short (no pun intended) of incredible.

Go-Forward Model

Years ago, during an episode of Wall Street Week, with Louis Rukeyser, one of his guests discussed a bad earnings release from a major firm.

Louis asked him (to the effect) if he thought the worst of the earnings were over?

His response was:

‘I believe in the cockroach theory. Where there’s one, there’s more’

Stay Tuned

Charts by StockCharts

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