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CarMax Puts?

 Here is the number. Call in to listen to their just released quarterly report. You won't have to talk to anyone. It is 800-839-1247. In about five days this link will disappear. Please listen to it. I listened to all of it once and to the first half of it two times. What I learned is that their retail car sales on the quarter compared to the same quarter a year were up 6%. They purchased 336.000 vehicles from the public, up 7% and 48.000 from dealers up 38%. Their average retail sale price was $26,100, down $400.00 per vehicle from last year. They doubled their share buy back program. AI technologies are now helping them operate more efficiently. Everything seems positive. But wait, we are talking about  the used car business and what could happen if consumer confidence suddenly starts to wain? Look at it's three year chart. It now sees to be hitting a rough patch.  Now a one month chart.  All of this talk about tariffs and what level of tariffs will be imposed on n...
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Strong Days for The Electric Vehicle Stocks - Well Not Really

Here is a one day printout of some of the electric vehicle stocks I watch. Notice their fifty-two week highs. Many of these stocks are trading near their lows. About six weeks ago many of these stocks were out of fashion based on the thinkings that the batteries they are running on are depleting the world of precious metals and will be difficult to dispose of. Yet consumers still want to go electric and a few companies had good news. Lordstown Motors (Ride) had good news. A year ago a Tiawan company bought their factory and this week that same company (Foxconn) invested more money in them. More details about this follows below. Lucid had good news. A Saudi public investment fund is its majority shareholder, and committed to putting in more cash this past week. Rivian's $32 billion market cap and Lucid's $22 billion market cap suggest that investors think they'll make it. Nikola has a market cap of just over $1 billion, its own truck plant, and $400 millian in cash, enough to get them through 2023.
Then there is Sono Motors. I have talked about them before. Their stock has recently tanked.
Yet the stock jumped on Friday.
What's going on with Sono? Whoppie Goldburg says that she likes them and wants one.
Now more about Fisker.
Fisker is abut to start production but Magna International (MGA) will handle their production. Pick a few of these companies and sign up to their mailing lists. There is so much to learn about.

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