Carvana is the second most shorted stock currently,and in the next few days it is going to end up going much higher. Fact: today there was a monster rally in duration sensitive tech and a wave of short covering.is this is just the beginning of a massive wave of short covering for a number of the top names? It Looks like.What many fail to understand is that nothing is linear in financial markets, profitability versus cash-flow, companies usually restructure and specially companies like Caravans selling second hand vehicles. The crowding out effect is actually more important - the higher the number of investors piling into a trade/view, the higher the propensity for violent and substantial counter-moves. Those who shorted CVNA are rushing to cover (see the rally in premarket and during the day) because they are losing a whole lot of money right now. My useless opinion? There is setting again another videogame-stores situation where one company that has a great potential and covers a real need, it's getting screwed by short sellers that wants to profit from the pain of a company that creates value and jobs.Ans also, don't forget that this time no one will "delete" the buy button...
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.