CVNA: The Smart Company With AI
$Carvana Co.(CVNA)$ Heard all the negative chatter about cvna since $5. Nothing new. Same shorts bashing.
Will hear the same nonsense at $120 in august. Again, I see more cvna bought cars coming into my shop daily than when the share price was over $300.
That made me buy and hold. People gonna sell for whatever reason but I’m still holding. You will sell and buy it back at $100. Simple.
More importantly, for me, this is an AI company. They are able to match every over-priced used car with a sucker who will be gladly buy it. What's wrong with this picture. A willing seller, a really smart middleman and a willing buyer who is clueless but hey, AI will find that person. Someone is willing to pay for the convenience right? We can't find them through a traditional market but we can find them over the internet. Smart, very smart Cavana!
I’m glad I picked some of this stock up in early July. Saw the 62% shorted float and knew I had to get some. Thought about selling on a couple of the drops, but it turned out better to hold. Forget the lottery, this is a more exciting gamble!
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