In the event of bankruptcy, old management gets escorted out the door, and bank takes over. Inserting new board of directors, and very possible, a change in direction. Either way, this company will likely continue. I doubt events will yield this. Still I'm bullish on success.
Carvana painted a not growing business model in 2022. All that is heavily priced in and thus why it’s so shorted. It’s simply balancing itself out and will do so at faster pace as shorts start to close their positions.
They are going to try to scare you in after hours. After hours doesnt mean anything. Take a deep breath and hold the line. Tomorrow is another battle.
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Awesome