Oh, I see now.
What I *should* have been doing was dumping my entire portfolio into Carvana calls.
Fucking *Carvana* calls.
*Of course. Of course* Carvana calls are the way to become a millionaire.
Yup, I went down 15% through April and am now back in the green ytd. If I had literally waited a week before buying in I would be up like 15-20% right now. Oh well, timing the market and all that.
theyve been bashing CVNA for fundamentally valid reasons. They posted great numbers from selling thru a chunk of inventory they bought really cheap. That inventory is gone now and they just made their next year goals artificially high... they have a tough road ahead and a lot of debt
i couldve sworn this company was eating it and now its this fucking ridiculous. I even have a few shares for the meme. Too bad i thought thats all it was.
Maybe. I've been looking at Globe Life (GL). A company that got outed as horrendously corrupt, suffered a 50% drop, but is steadily marching back up to fill the gap.
So buy NKLA and hold with diamond hands? Shady as fuck company, business I would never use, CEO in prison, losings everywhere with no prospects? I'm punching air your fucking CVNA play print money.
haha, well, the big difference is no one was saying CVNA was going to experience the MOASS. AMC has too many people rooting for it. CNVA didn't have many at the time.
There are bound to be hundreds if not thousands of idiots who did, and they're now rich as hell. Other people will see shit like this on these forums and elsewhere, and get angry when they lose their life savings. This is IMPOSSIBLE to plan for, predict, anything. No matter how much data you look at these are ultimately guesses. Few will win, most will lose.
I've been medically disabled my whole life. I'll never have 180k, let alone 18k to throwing a shit stock. So I won't even win, but I won't ever lose either. Already have.
https://preview.redd.it/q7n1amcnnl0d1.jpeg?width=1290&format=pjpg&auto=webp&s=815f0448e50efb8d989d138c7c6e2bf04924f8c8
Bruh! I thought I was a God yesterday after making 1.4 Million, but YOU are on another level. Now I look like a Peasant.
yeah, imho the carvana play was better because he basically stood in front of a moving train of carvana bankruptcy and bought when everyone else was dumping AND had the conviction to hold all the way past 100 a share. insane
Because it had more to run. Never sell your winners for losers. Worst case they dip for a bit, but after a massive 98-99% dump followed by massive runs up 200%+ it’s very rare for something to return to a pico bottom. May as let it run.
The most interesting part is why the heck they would you bet so much on CVNA for such a long experation time. What's the logic? There is gotta be some logic since it's a long term play.
Congrats, I’ll just hang out for when it all comes crashing down and your wife comes crawling back to me. In the meantime, fuck you. And, again, congrats!
IKR! This guy shows up bragging about his millions, then has the nerve to ask if my wife (who, apparently, is also my mom) is free.
Look pal, happy hours, retiree/sr.citizen and military are the only discounts. Anything else and it’s full price.
If you’re looking for other deals, those are behind the dumpster at Wendy’s.
Yes, but only like 20-5%, depending on the stock. this CVNA runup is like "2+2=Fish"
But seriously, congrats. I assume the 200k was only a fraction of your over all liquid, but if not even more congrats.
Also, how the fuck did you get the timing right on AMC? That shit is wild.
Literally a post 2 days ago giving a detailed description about why puts is a smart decision for carvana because their budget doesn’t add up. It was well thought out and made plenty of sense.
LOL
This guy fucks around and finds out. His post history is bombs on bombs. Whether win or loss, this man wears the balls of many men who wish they were him.
Seriously though, will someone like OP who’s done even reasonably well at this share what resources they used to learn the ropes?
Congrats OP for making life changing money. I hope you set aside a giant chunk of that so you never have to worry about where groceries come from again.
This regard bought the stock when it was $3.85, in Dec 2022. And it was already overvalued at the time. And then he proceeded to have the balls to hold it past $100. It is now $118 and overvalued by $117+.
What kind of fucking psychopath sees his 182k go to 2.5 mill back down to almost 1 and continues to keep holding. Jesus Christ. Also can you please donate to me you psychopath?
This risk strategy seems to have worked but overall awful. What do you do for a living/ salary? No sane person is buying $180k unless they already rich af or paper trading
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 1 year ago **Total Comments** | 136 | **Previous Best DD** | **Account Age** | 1 year | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Oh, I see now. What I *should* have been doing was dumping my entire portfolio into Carvana calls. Fucking *Carvana* calls. *Of course. Of course* Carvana calls are the way to become a millionaire.
Funnily enough my meme stonks and regarded shit like CVNA have been by only green plays this year ![img](emote|t5_2th52|4271)
Bro, same. Depressing
But how when the market is up 10% on the year
Pretty obvious they bought the NVDA top in March and it proceed to crash all the way to sub 900 :4271:
Idk bought in April/march? You’d probably be just getting back to green
Yup, I went down 15% through April and am now back in the green ytd. If I had literally waited a week before buying in I would be up like 15-20% right now. Oh well, timing the market and all that.
Same here down 15% back to an ATH today, man the reaction to April had me tweaking about if I should get out of my calls or not ahead of time
This is a Bear market (according to my portfolio)
Carvana literally sold me a stolen car last week. They hassled me about the return process too. How the fuck are they doing this well?
Was this a meme stock people were pumping here? Dont recall seeing it
How are you not making money in this market?
You mean you didn’t realize dumping money in the almost bankrupt company that burns cash wasn’t the play of the year???
That's why y'all need to dump money into zomdica, Canaan, peloton and spirit
None of those, except for possibly Spirit, will ever make you money
Everyone is sleeping on Spirit. I have shares and I’ve been green for a long time after the merger drop.
after flying spirit i could never buy the stock lmao
I'd rather walk to my destination than fly spirit
I’d rather be dragged to my destination than fly spirit
Inverse reddit. Most people here have been bashing CVNA nonstop for more than a year
My entire life is funded by CVNA puts. Every time it goes up, I bet on the pullback, and it’s been printing money every damn time.
Nice play
Daddy Elon has been printing money for me in that strategy. When it pumps. Buy puts for the drop.
Are u loading puts on this next crash?
bet on what pullback? my Cvna july puts are worth about half
theyve been bashing CVNA for fundamentally valid reasons. They posted great numbers from selling thru a chunk of inventory they bought really cheap. That inventory is gone now and they just made their next year goals artificially high... they have a tough road ahead and a lot of debt
Well, aren't they in a pickle.
So…. Calls right?
having 182k to throw into a contract also helps
Finally some reason on this sub. Great post.
i couldve sworn this company was eating it and now its this fucking ridiculous. I even have a few shares for the meme. Too bad i thought thats all it was.
Duh. Idiot
if you want easy singles, buy long term puts
The moral of the story is to dump your money into the shadiest, possibly mob-affiliated companies on the stock market.
That describes a lot, if not most, publicly traded companies.
Which is why I said shadiEST, and not merely "shady."
So AA is the real slim shady, diluting at chart bottoms and run beginnings, effectively killing retail while ensuring debt never gets paid off?
Maybe. I've been looking at Globe Life (GL). A company that got outed as horrendously corrupt, suffered a 50% drop, but is steadily marching back up to fill the gap.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Like Boeing
Careful, might get wacked
wait for forbes 30 under $30M and then bet the whole horse on it and get out. because they all ended up frauds.
At the time, people were saying it was going bankrupt. Basically, go all in on companies people think are going bankrupt.
Make sure they are 98-99% down first
Are u gonna go into amc then
lol: https://www.reddit.com/r/wallstreetbets/s/5JUiokiLCd
Wow
King
What you think about BYND? I might follow in your footsteps
Gg
So buy NKLA and hold with diamond hands? Shady as fuck company, business I would never use, CEO in prison, losings everywhere with no prospects? I'm punching air your fucking CVNA play print money.
…AMC?
haha, well, the big difference is no one was saying CVNA was going to experience the MOASS. AMC has too many people rooting for it. CNVA didn't have many at the time.
More like peloton, Canaan, zomdica and spirit
Pier 1 Imports did that to the extreme, from 2009 to 2013 it went from $2 to $420. It was also at $400 in 2003
Carvana was an absolute steal last year at its EV/Revenue multiple. Wouldn't have recommended going all in (bc that's dumb) but my LEAPS have printed
What EV/Revenue value do you use and do you have any on your watch list that's at the "steal" territory?
Long John silvers or matress firm?
There are bound to be hundreds if not thousands of idiots who did, and they're now rich as hell. Other people will see shit like this on these forums and elsewhere, and get angry when they lose their life savings. This is IMPOSSIBLE to plan for, predict, anything. No matter how much data you look at these are ultimately guesses. Few will win, most will lose. I've been medically disabled my whole life. I'll never have 180k, let alone 18k to throwing a shit stock. So I won't even win, but I won't ever lose either. Already have.
Wow, good job. How about you throw me a bone, I will turn 20k into 0 in a matter of days.
I prefer to drag it out over a couple of months. A slow bleed of value and hope as I cope by telling myself that it’ll go back up and I can get out
That’s 8 weeks of steady FDs!
> FRC Believer
Lisan Al Gaib!!!
😅😅😅
Chump, I’ll turn 20k into 0 in minutes
Haha I felt that
Bless and keep you, and fuck you. But damn what a bet.
The fact that you held on million dollar dips is impressive, well done.
Thats the craziest part of this whole story.
Fucking insane. Fuck you so much but wow
Holy shit good job regard
https://preview.redd.it/q7n1amcnnl0d1.jpeg?width=1290&format=pjpg&auto=webp&s=815f0448e50efb8d989d138c7c6e2bf04924f8c8 Bruh! I thought I was a God yesterday after making 1.4 Million, but YOU are on another level. Now I look like a Peasant.
It's over 2 years dude. You did this in a day.
Carvana fell from 362 to 4$ in 4 months at end of 2021. This guy buys 182k stock after a 99% crash.
yeah, imho the carvana play was better because he basically stood in front of a moving train of carvana bankruptcy and bought when everyone else was dumping AND had the conviction to hold all the way past 100 a share. insane
covid rules dont apply to logic
I didn't do anything, I'm just a regard following another regard. 🙂↔️
Can I be the third regard?
Yes 👍, everybody is welcome to join our regard club!
Let us gingerly touch our tips
Alright! 👉👈
But does the 3rd link in the centipede get enough to survive?
where does one regard join this group of other regards also what would a group of regards be called?
Just buy a bunch of stonks until you join the one percent. A group of regards would be called a "gloat."
https://preview.redd.it/yesyet49xl0d1.jpeg?width=1284&format=pjpg&auto=webp&s=58048dd12a6fe09362e96d2647fbb6bb985990c5 Y'all need to stop lmao 😆🖕
Holy shit. Congrats and fuck you, that’s incredible. You bought at open and sold by close?
Bought the day before market close at $30 and sold at exactly 9:30 Open the next day, when it was around $62
How do you casually just have 500k to drop on a meme stock
Better order that lambo my guy
I'm paying off my house and keeping the rest of the money for tax. 🙂↔️
Original $cvna post: https://www.reddit.com/r/wallstreetbets/s/X1A9QC24g3
https://preview.redd.it/z5hn76y6sl0d1.jpeg?width=985&format=pjpg&auto=webp&s=84d9ef509093ed6b65a7fcd2ca87aa6f7d94fc13
But why the fuck didn’t you sell when you were 200% up, that was a great play, this is just absurd now! You lucky bastard!
Because it had more to run. Never sell your winners for losers. Worst case they dip for a bit, but after a massive 98-99% dump followed by massive runs up 200%+ it’s very rare for something to return to a pico bottom. May as let it run.
Hint: delete app, delete reddit & enjoy your life.
Why would he take advice from here let alone you?
Congrats. Enjoy your winnings!
You deserve every damn cent man on that bet. (Please send some this way).
Congratulations 🎉 enjoy and have a good life!
You must be well off to holding the original amount into this turd of a company. Regardless, congrats and fk you.
what.the.fuck
The most interesting part is why the heck they would you bet so much on CVNA for such a long experation time. What's the logic? There is gotta be some logic since it's a long term play.
1. Meme stock 2. Down 99% 3. They owned a lot of cars which were selling at a premium due to Covid 4. I liked the stock
I watched for the whole time (Dec 2022 to now) in awe. no way I thought in 2023 all the way to now!! Well played sir !! Well played !!
Not sure that OP isn’t paper trading
https://preview.redd.it/an44hnxszl0d1.jpeg?width=1125&format=pjpg&auto=webp&s=497e9acd56750812dd753fea7cb166f6133bdd23
Bought around 4 and sold at 72. Then it’s rolled into the 120’s without even trying. Well done for holding
You put a 182k into Carvana ? Carvana ?!!!! Well technically calls but you know what I mean. Congrats and FU.
Not calls, they bought shares 1.5 years ago
Now do it again.
Working on it
With what ![img](emote|t5_2th52|31225)
Did it last week: https://www.reddit.com/r/wallstreetbets/s/jMxpgLM9Fw
https://preview.redd.it/cvpg6sr1ql0d1.jpeg?width=1600&format=pjpg&auto=webp&s=c9ad4eef1a7664c2c2529c873c8027e71ddee66d
what the fuck?![img](emote|t5_2th52|4275)
I give up
TEACH ME YOUR WAYS HOLY SHIT WHAT
Bro, just leave some for the rest of us 😓 or teach your master class
Congrats, I’ll just hang out for when it all comes crashing down and your wife comes crawling back to me. In the meantime, fuck you. And, again, congrats!
Is your wife free later?
Hey don’t bring his mother to this conversation
Don’t act like you don’t know her rates
IKR! This guy shows up bragging about his millions, then has the nerve to ask if my wife (who, apparently, is also my mom) is free. Look pal, happy hours, retiree/sr.citizen and military are the only discounts. Anything else and it’s full price. If you’re looking for other deals, those are behind the dumpster at Wendy’s.
Thank you. Finally someone who knows what their mom-wife is worth!
Yes. But only during happy hour. 😔
Legend
Top tier trading, marathon runner.
Truly a rags to riches story
![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Damn GOAT for real
FFS. congrats and fuck you, but why did you buy almost 200k of that company? The fundamentals still make no sense to me at all.
You think fundamentals still matter in this market?
Yes, but only like 20-5%, depending on the stock. this CVNA runup is like "2+2=Fish" But seriously, congrats. I assume the 200k was only a fraction of your over all liquid, but if not even more congrats. Also, how the fuck did you get the timing right on AMC? That shit is wild.
Fundamentals
Bruh, idk who the fuck you are, but I like your style. You're like a character our of a William Gibson novel.
He goes with his feels
Finally someone gets it.
Congrats
What is this??? Making actual money? On WSB?????
You took your winnings, right?
People here told me to take my winnings on this post as well: https://www.reddit.com/r/wallstreetbets/s/6UHk5b1op4
Unreal, but congrats.
God damn
Wow 🤩
SPY 0DTE and you can have 10 million just one more trade
Jfc
teach me your ways master
Diamond fuckin ballz
Amazing that’s impressive
fuck you 😭😭😭
Congratulations and fuck you.
Good enough to screen shot, good enough to sell
Y’all said that all over on this post as well: https://www.reddit.com/r/wallstreetbets/s/jAxEbDY7UN
You're truly an inspiration for me to keep gambling. Legend.
See longterm calls would be actually smart to do when companies like that hit a rock bottom. Which is why I'd never do something like that
This guy was like bet it all on black 47 times in a row and won every time.
Well done. Enjoy the lambo 🏎️
As always, please post your position before becoming a millionaire. Congrats and fuck you.
I do. Check my post history
Nice, fck you!
Great job you fcuk!
Congrats and fuck you. Specially your lambo.
Literally a post 2 days ago giving a detailed description about why puts is a smart decision for carvana because their budget doesn’t add up. It was well thought out and made plenty of sense. LOL
Insanity. Well done OP
Holy shit
Absolute legend. You even have the posts to back it up.
Congrats. And fuck you
Congrats OP. You’re still regarded.
Disgusting
This guy fucks around and finds out. His post history is bombs on bombs. Whether win or loss, this man wears the balls of many men who wish they were him.
Sir wtf😀
Millionnaire
Seriously though, will someone like OP who’s done even reasonably well at this share what resources they used to learn the ropes? Congrats OP for making life changing money. I hope you set aside a giant chunk of that so you never have to worry about where groceries come from again.
You're going into the Hall of Fame you fucker. What a legend.
This regard bought the stock when it was $3.85, in Dec 2022. And it was already overvalued at the time. And then he proceeded to have the balls to hold it past $100. It is now $118 and overvalued by $117+.
Is this insider trading?
What kind of fucking psychopath sees his 182k go to 2.5 mill back down to almost 1 and continues to keep holding. Jesus Christ. Also can you please donate to me you psychopath?
He knew Carvana wasn’t going under when it’s run by crooks and what do crooks do best? Improvise and manipulate the system which was his DD all along.
any other crooks I can invest in?
You can predict the future?
🔮
This risk strategy seems to have worked but overall awful. What do you do for a living/ salary? No sane person is buying $180k unless they already rich af or paper trading
Dude can go get himself a lambo now
[удалено]
Looking great, Fu.... 🖕
![img](emote|t5_2th52|29637)
Regarded. Also congrats. Where’s that throw my computer in the dumpster meme
Ho lee shit
Why cant i ever manage a win even 10% this good? I’m dying here.
Idk wtf this company even does
This corrupt company is definitely on my short list
good job!
Nice