What appaling things inside my memory

dimpy
2023-03-01

$Carvana Co.(CVNA)$

For those that think their goofy vending machine properties can be used for securing a loan will be surprised when you find out they have been sold over the years. Often times for 2 or 3 or 4 times their purchase price to shell companies and then leased back. Daddy owns these shell companies. The Novi, Michigan property is owned by the lawyer for carvana. The long Island property which was purchased for 9.7 million, was sold within a week for over 24 million. Think about that? Who would pay 3 times the fair value for a vend machine property.....daddy. Then he collects rent every month and sonny boy has 24 million to lose selling vehicles below cost to pretend carvana is a growing company. You will soon find out the sham this family has pulled off AGAIN. They did it with Ugly Duckling for millions and now carvana for billions. BK

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
12