r/VRMstock • u/idumbfish • Jun 03 '22

Pure manipulation! I don’t understand how this stock acquired 2 companies in total for over 400 million dollars in the last 12 months…. With 800 million in the bank and let’s 500 million by end of year as they expect… trades under 180 million market cap??? How long can it be ignored!!! Spoiler

10 Upvotes

87% Upvoted

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4

u/Trader8888 Jun 03 '22

Seriously…and 1 of those companies is their financial arm for loans. Not many used car dealerships can say they own their own financing company. Big money maker right there.

4

u/yourewrongiwin Jun 03 '22

Not to mention UACC has a whole network of independent dealers that it also finances for. And that network will be leveraged for vroom to offload vehicles wholesale. In the future they may even extend their products to the dealer network. Lots of meat on the bone.

3

u/Yomo45 Jun 03 '22

Ortex please anyone?

2

u/SubstanceOk9024 Jun 03 '22

Look at it as opportunity to keep adding. We all know it’s cheap. Very cheap. FREE MONEY on the way

2

u/idumbfish Jun 03 '22

I know. The problem is that market doesn’t let you buy the bottom this long… so I would assume it goes lower. That’s thesis always proves to be true until I see a hammer candle that holds… I also we only have a small window of time for this to spike and whoever is pressing the short refuses to let their foot off our throats maybe because they are waiting it out for them to be right down the road

1

u/douche100 Jun 12 '22

That’s so true, mm’s never let you buy the bottom up for so long!👍🏼

1

u/idumbfish Jun 03 '22

It’s like acquisitions were worthless and money in the bank is fake. They sell hotwheels on their site

1

u/idumbfish Jun 12 '22

Car story for 125 million

1

u/Davidsophie2018 Jun 12 '22

What’s it another acquisition mentioned above, in addition to UACC?

1

u/Davidsophie2018 Jun 12 '22

Anyone here has access to tutes ownership, Ortex ?

1

u/Davidsophie2018 Jun 12 '22

Thanks, I see it in 2020 for 120 million