Friends, investors, I'd like to break down Carvana $CVNA
The last post on it here was about a month ago and it has once again made some upward progress, although there was some correction on it today. Let's pour some clear wine though please and this really isn't just a strong fundamental eh? 😁
$GME has been on a steady rise since Earnings, when it beat analysts' estimates in terms of earnings per share. Up 34% in four trading days!
First the stock fell down in premarket as it missed earnings estimates by 7.8%, but it's only been rising since then - adding over 10% yesterday. This company has no future in my opinion and this is the last remnants of hype left in it...
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Does this still exist? and is it even growing? I thought it was a cry in the dark and it's long over... :)
I've seen a documentary on Netflix with this company (I don't remember the name so I don't know if that's it), but I wouldn't go for it either, although maybe the gaming industry like $ATVI or $EA might not be bad. But the documentary was about a demonstration of price manipulation so that seems risky to me.
RobinHood Markets $HOOD
RobinHood reported its results yesterday.
This company provides a platform for trading stocks and cryptocurrencies.
The company became more well known during the pandemic as most people were at home and more people were working online and hence more people became interested in this platform.
It's been a while since I've read a couple of articles where they've been going on about how they change the terms within their platform as they please and kind of to their advantage.
Otherwise, thanks again for a nice and useful post. I like these posts, they are just short enough and there is useful information in it.