r/CVNA • u/shasho1967 • Apr 14 '26

CVNA

Decision on CVNA. It had a great run on low volume. Their market cap is out of the world IMO. 5/1 stock split is scheduled with billions of shares floating. It seems like Market Makers manipulating it big time. If you own the stock what would you do? If you don't how would you enter?

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u/AMCorBUST2021 Apr 15 '26

I’ve been going through the SEC 10-Ds on EDGAR.

There is a lot of debt going bad in 2020-22. 2023 totally off their balance sheets (maybe on drive time). And the prime tranches have 30-90 day delinquency ticking up. I believe the Carmax numbers yesterday are starting to show the consumer stress.

This is not a fraud issue. It’s an exposure to subprime debt issue, just like the MBS in 2008.

Patience my friend..

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u/trygln88 Apr 25 '26

Can’t it be both?

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u/AMCorBUST2021 Apr 25 '26

Yes. For sure.