Carvana has close to $1B in cash plus $5.6B in funds like untapped realestate and creditline. They can declare a special dividend and in this case shorts have to pay the dividend to the guy whose shares got borrowed, so they usually just cover to avoid that. Carvana can easily declare a special dividend just to trigger a squeeze to $500 then start an offering there! Management has the balls to play a card like that, easily! $Carvana Co.(CVNA)$
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