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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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Can You take Flyers On Stocks You Know Nothing About Based On Something You First Learned Of At The End Of Last Week?

Here are two stock to watch. 1)
Jazx. What an explosion in it's stock price. When a stock jumps like that it is bound to attract a lot of short term interest. News about the treatment of prostate cancer in early trails. It had little volume on Friday March 1st and here is how it's one day chart looked that day.
2) Viking Terapeutics with mid-phase trails on a weight loss drug
Now for some March 5th news. Both stocks took a trick out of the same paybook. They used the spike in the stock's prices to issue new shares at it's higher prices.
Now Viking.
What's going to happen next is anyone's guess. The markets as of late can suprise. On a more sobering note look at this other well known drug stock. It's a three year chart.
What a difference. Many people hate trading drug stocks. It's a game of trying to follow what is hot. That's not a fun game to be playing. ****Let's jump ahead 15 months to June 1st 2025. 

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