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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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Will Fisker Survive?

Maybe. They have whimical t.v. commercials. I want one, but why they make claims to using recylicable materials in their vehicles is something I don't totally understand. Here is it's 5 year, 30 day and 5 day chart.
Image buying near the top and then averaging down? What a mess for existing shareholders. So what is happening now? Auto Trader in Canada has two used one's for sale. If the company goes under will replacement parts be available?
Fisker now needs more $$$$ to survive. Is the next step finding a partner and / or issuing more shares? Their product lines are strikingly beautiful and their name does have some brand recognition.Yet there is a big probem.
A loss last year of $762 million. That's a crazy big chunk of money. How did they get themselves in such a big mess? Now with the added bad publicity of potentially going bankrupt the path forward is even that much more difficult. .
Miracles have happened. Look at how Canoo, another struggling E.V. maker regained some ground this week.
Now this. Fisker Call options. They are pretty stupid to be looking at given that a drastic reverse stock split is probably imminent. Look at what happened to Faraday Future Intelligent Electric Inc.
A one week pop the $.30 cent level would make these options double. (You can't go any further out that September Calls). Might Fisker rebound to $.30 cents per share? It was there only a few days ago. Guess what? It's not worth the risk. So what even if it does. The real money was made in shorting it months ago. Stick to Caterpillar Calls and Puts. Caterpillar is not going to go away anytime soon. ** A March 18th 9:28 a.m. update.
Now this.
A March 26th update.
An April 12th update.
The short sellers win.

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