VRM up 60% in the pre-market! Exceeded Q1 Guidance!
If you haven`t bought the dip when you saw the calls in the options chain:
Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics!
19,473 ecommerce units sold, +26% vs 2021
Ecommerce revenue of $675.4 million,+60% vs 2021
Ecommerce gross profit of $34.3 million, +8% vs 2021
quarterly loss of $0.71 per share vs a loss of $1.03 estimated. an earnings surprise of 31.07%!
Total revenues of $923.78 million!
Market Cap of only 186.39Mil
They have a new CEO! Have you seen his incentives? 1.2mil shares for performance in the next 3 years: 400k if the stock is trading at $7.5 for 20 days, 400k if it trades at $15 and another 400k for $21.
With these targets in mind, is this an 1usd stock?
their rival, CVNA, 105,185 units sold, up by 14% from Q1 of 2021, Market Cap 6.88Bil vs VRM 19,473 ecommerce units sold, up 26% versus prior year, Market Cap 149.11Mil. if we do a simple math, the Mk cap of VRM should be 1.27Bil. if it doubles from here shouldn`t be that big of the deal. In fact, to be comparable with Carvana, they should trade 8.51X higher, at $9.19.
My price target is $3 by the end of this month!
Looking forward to read your opinion about it!
Then you should know that VRM Exceeded Q1 Guidance Across All Key Financial Metrics!
19,473 ecommerce units sold, +26% vs 2021
Ecommerce revenue of $675.4 million,+60% vs 2021
Ecommerce gross profit of $34.3 million, +8% vs 2021
quarterly loss of $0.71 per share vs a loss of $1.03 estimated. an earnings surprise of 31.07%!
Total revenues of $923.78 million!
Market Cap of only 186.39Mil
They have a new CEO! Have you seen his incentives? 1.2mil shares for performance in the next 3 years: 400k if the stock is trading at $7.5 for 20 days, 400k if it trades at $15 and another 400k for $21.
With these targets in mind, is this an 1usd stock?
their rival, CVNA, 105,185 units sold, up by 14% from Q1 of 2021, Market Cap 6.88Bil vs VRM 19,473 ecommerce units sold, up 26% versus prior year, Market Cap 149.11Mil. if we do a simple math, the Mk cap of VRM should be 1.27Bil. if it doubles from here shouldn`t be that big of the deal. In fact, to be comparable with Carvana, they should trade 8.51X higher, at $9.19.
My price target is $3 by the end of this month!
Looking forward to read your opinion about it!
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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