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♟ Could Carvana Be a Great Company, but a Bad Investment?

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Carvana

"CVNA is hemorrhaging cash... probably to folks like me."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

Sometimes, a company's business model can be both consumer-friendly AND bad for its business.

But it doesn't happen often.

The reason it's so rare is most companies have figured out how to charge enough to cover all their costs and turn a profit.

I don't think Carvana is one of those companies.

Case in point...

I am in the market for a car.

But first, I had to sell my current car.

So I did the usual stuff.

I went to a couple of dealers to get their offers for my car based on a trade-in... but it's never fun talking with car dealers who are less than transparent.

Next, I went online and got a couple of quotes from places like Kelley Blue Book and CarGurus.

My last stop was Carvana.

Click here to see what I learned about CVNA

INSIGHTS YOU MAY HAVE MISSED

An Excellent Long-Term Pick

An Excellent Pick for the Long Term

An SPX Retest + 2 Trade Setups

Looking for a "Puke" Move on This Stock

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Burning Cash

Stop Watching Money Burn

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