$cvna | Investment Research Dynamics

Carvana’s Cash Burning Ponzi Scheme

by Dave Kranzler | Mar 26, 2021 | Financial Markets, Market Manipulation, U.S. Economy

CVNA has been largely a highly frustrating short, especially in light of the fact that it burned in excess of $600 million in cash in 2020. I think the high short interest (25% of the float on a float of just 68mm shares) is the catalyst for serial short squeezing....

Carvana’s Cash Burning Ponzi Scheme

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