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re: Carvana stock
Posted on 7/19/23 at 7:23 am to FLObserver
Posted on 7/19/23 at 7:23 am to FLObserver
Carvana basically became a meme stock and got bailed out. As long as people line up to buy their offerings they can keep diluting to stay in business.
The underlying business while improved is still losing money quickly. I wouldn't hold this stock.
The underlying business while improved is still losing money quickly. I wouldn't hold this stock.
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