The large variable not mentioned in this video are the banks tighter lending standards, and rising rapidly repo’s from rising default rates!! “Manageable” is 2-3%! Subprime is now over 5%! The lenders are actually negotiating with defaulted borrowers giving them new options to start making payments again!! Unheard of!! Because there aren’t enough tow trucks offering repo service! Hundreds of thousands of borrowers are 6 months past due and still driving their cars around. This will all become public in 2024. Caravana is a bankrupt company. A BS stock and will be zero soon.
The large variable not mentioned in this video are the banks tighter lending standards, and rising rapidly repo’s from rising default rates!! “Manageable” is 2-3%! Subprime is now over 5%! The lenders are actually negotiating with defaulted borrowers giving them new options to start making payments again!! Unheard of!! Because there aren’t enough tow trucks offering repo service! Hundreds of thousands of borrowers are 6 months past due and still driving their cars around. This will all become public in 2024. Caravana is a bankrupt company. A BS stock and will be zero soon.
Absolutely DISGUSTED in myself for sell all my 800 shares at 42.58
JPM of course won't put their Investment banking client down...
That company will cease to exist within a year.
It's hanging on in a thread.
Inflated now by short-sellers unfortunately
Why do we have to deal with crappy audio quality from guests in 2024? Let's have and enforce some standards! Sounds like a 8kbps stream from Nicholas!
It's because after covid they do zoom calls and it's accepted in the industry. Costs less money. It's quantity now
It's those airpods..they have the worst mic ever
$24?
Workers MUST own and control the means of production.