thetraderP

CVNA

Long
thetraderP Updated   
NYSE:CVNA   Carvana Co.
i think this good to buy or start averaging into here, could keep coming down some but i don't think it's a good idea to wait on this one, i think this could easily be the target to autotrader's walmart, once the market gets going again this will see all time highs quickly i think, i think this is a great long term hold too, i think this is one we'll look back on from on high
Comment:
going to place a stop on this one, don't like how it's not going with the market, could be pretty overvalued heading into earnings, despite the good Q3 expectations i think their earnings will have to be particularly amazing in order to justify this price, could be wrong but unless there's a really good correction before earnings i don't think it's a good idea to hold this through, still think this is a great longer term hold though
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