Comments by "Samson Soturian" (@samsonsoturian6013) on "Carvana's Hail Mary Debt Restructuring" video.

  1. If you look at the competition you want to displace and see it is mostly highly local owner/operators, there might be a reason for it
    23
  2. Uh, no. That's a fact of the dealer's spread. Carvana would have sold your car for 8k to that same buyer. That's how they make money, and people put up with it rather than do all the work themselves finding a buyer
    8
  3. Yep. Just a big car dealer with a gimmick to save a little money.
    8
  4. That's more a symptom of their overcentralization and blitzscaling. It's not like your local owner/operator where you just call their landline and get the owner.
    6
  5. Blitzscaling and overcentralization. When you go from zero to a million customers in a couple years and no customer service department to a big one in a few years, you can imagine exactly how crazy that office is
    2
  6. The competition were highly localized owner/operators. There was a reason for that.
    2
  7. You didn't call customer service
    2
  8. The options are expensive due to the market pricing in +100% moves
    2
  9. It was the Covid Pump. People were getting mortgages at 3%
    2
  10. They have 39 machines as long as they're all kept running. Used cars aren't vulnerable to recessions because prices go up in hard times
    1
  11. ​ @harm991 no one is conning anyone except you
    1
  12. Vending machines in general need to spread just so we don't have as many underpaid jobs like cashier
    1
  13. You can have it delivered at Carvana and depending when you sold there's no telling
    1
  14. All the blue chips and tech giants? Yiu should rephrase and say run from CEOs that desperately want to be featured on Mad Money
    1
  15. ​@harm991 it was a decent idea to make cars cheaper by removing costs but there's a reason car dealers are local
    1
  16. Depends on the price per share but yeah, those are good picks
    1
  17. Yes, but they aren't really saving any money on their business model versus small businesses
    1
  18. It was true at the time. Recall Keith Gill's racket was buying companies with pending bankruptcy knowing all they needed to do was survive to double his money.
    1
  19. Don't make fraud allegations lightly. Bankruptcy risk was removed short term, causing people to buy and shorts to cover
    1
  20. ​ @Trumppower no one is accused of stealing anything
    1
  21. More like how low they went and how risky the business is
    1
  22. Shorts and puts are expensive because the market is pricing in +100% moves. I wouldn't touch it
    1
  23. Whut?
    1
  24. Liar
    1
  25. They sold over 400,000 vehicles in 2022. Not world domination level sales, but enough to keep the machines running. The problem is the only buyers are people who live in the same city as the machine and even then local dealers are profitable
    1
  26. WallStreetBets and "the Apes" aren't the same but there is an overlap
    1
  27. ​ @JogBird put that back up your butt where you got it
    1
  28. ​ @harm991 because the stock lost him money
    1