The Investment Thread
But, if their management is doing real steps to become profitable, and that revenue growth continues, they could be a heck of a deal. I don't know enough about what makes their business better than others, and how good of management they have.
Carvana has really grown their revenue, but they are losing money the last couple years, so I'm not surprised they're being punished for it. Also, saw a news article that's saying they have had some trouble registering cars for people.I remember when ROOT and Carvana made a deal together. Just now I was thinking that I think Carvana has dipped since that news drop.
Then I checked the dates and had to take a step back.
But, if their management is doing real steps to become profitable, and that revenue growth continues, they could be a heck of a deal. I don't know enough about what makes their business better than others, and how good of management they have.