$Carvana Co.(CVNA)$ The virtual doubling of GPU Gross profit per unit non gaap and gaap is a huge red flag. Not buying that more efficient algorithms and worker efficiency account for that. Without creative accounting like this example and across other metrics this sugar coated misleading earnings would be a non contested disaster. It is transparent to the educated investor and institutions with any credibility will seek to carefully unwind their positions. So, who blinks first? lol. Institutions may try to force a squeeze but everyone has to be on board. Either way gravity weighs heavily with a new 52 week high.
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