The Coming Carvana Bankruptcy is JUST The Start | Fed CRASH.

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  • Опубликовано: 1 июл 2024
  • ✅LARGEST Coupon EVER, code *PP*, expires FRIDAY December 9!✅ metkevin.com/join Lifetime access to NEW lectures and access to private livestreams. 🚀🚀LARGEST EVER Coupon!!🚀🚀 STOCKS AND PSYCHOLOGY comes with $5m trading portfolio access!
    ⚠️⚠️⚠️#PP #carvana #bankruptcy ⚠️⚠️⚠️
    Carvana is next to go bankrupt. What this means.
    📝Contact Information for Kevin & Liability Disclaimer: meetkevin.com/disclaimer
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Комментарии • 100

  • @SugarTide935
    @SugarTide935 Год назад +43

    Has anyone else noticed Amazon has quietly stopped offering 2day shipping BUT still charging for it.? People have started to wake up to this and now there is a Class Action in the works. Amazon might not be too big to fail after all

    • @IronLungKiefKing
      @IronLungKiefKing Год назад +7

      I sure have. Things say “2 day shipping” but that’s just not the case. Sometimes 2 weeks or more. I’m a little more lenient around Christmas but it’s been months and months.

    • @glennshoemake4200
      @glennshoemake4200 Год назад +3

      I was able to get same day shipping from Amazon Spain here in Barcelona on last Sunday and only cost me 1.99 more. I was surprised to see them deliver before 8pm.

    • @robertdietz1732
      @robertdietz1732 Год назад +5

      regardless of their shipping, AWS is a money printer. Can't see them failing anytime soon.

  • @kesindolwani1953
    @kesindolwani1953 Год назад +7

    I used to work at Carvana as a PM and got laid off during their first rounds of layoffs. It seems to have been a blessing in disguise because at least I got severance pay. But let me tell you, it’s not this business model that was the issue. It was also the management…. Absolutely terrible.

  • @JJAAZZIEL
    @JJAAZZIEL Год назад +38

    This guy posting right before ringing the bell on a bear market 😂 love it

  • @Terry12345
    @Terry12345 Год назад +7

    If you've ever tried to buy anything from Carvona it's not hard to understand why they are in this mess.

  • @chcknball185
    @chcknball185 Год назад +3

    Yea. I doubt Tesla has pricing power based on this video. Their prime customer is currently being laid off from Tech companies. I see pre-owned tesla hurting Teslas sales.

  • @richardmoore6931
    @richardmoore6931 Год назад +3

    you don't make money on selling cars, you make $$$ on the service and maintenance of cars. Service based economy

  • @celtekrider2
    @celtekrider2 Год назад +6

    When I worked with Carvana they reminded me of a homeless person with a $10000 limit credit card.... You should have saw the money that they were spending. I charge them $50 to replace a battery on their key fobs! 😆 💰

  • @Forcvcr
    @Forcvcr Год назад +15

    Kevin's always getting me when he talks about pricing power with a serious face

  • @angelaleman3854
    @angelaleman3854 Год назад +9

    I applied as a technician to Carvana. Never heard back from them😂

    • @justinminer1354
      @justinminer1354 Год назад +1

      They're gonna respond with a preemptive layoff notice.

  • @californialendinggroup
    @californialendinggroup Год назад +9

    Note that chapter 7 is only for consumers bankruptcies. It has a debt cap of $450,000 last time I checked.
    Chapter 11 is the section corporations use to restructure debt. There is no complete liquidation option for corps. ✌🏼

  • @mechanicdudevlog8788
    @mechanicdudevlog8788 Год назад +7

    Bad businesses will go bankrupt. Good business will survive and improve

  • @Socalarborist
    @Socalarborist Год назад +15

    I wonder how Shift Technologies (SFT) will turn out the next year. If they survive it could see massive growth.

  • @billybigelow411
    @billybigelow411 Год назад +1

    Thanks Kevin

  • @astelin
    @astelin Год назад +6

    Sometimes I think Kevin makes these videos just to say PP

    • @sadigov
      @sadigov Год назад

      Meat Kevin 😂

  • @dogegamer3288
    @dogegamer3288 Год назад +4

    Everything is going to crash. The only thing that will rally all through 2023 is long-term treasury bonds. I made bank in bonds e.g. TLT, TMF at this exact inflection point in the last crashes and Fed mess.

  • @MindlessTube
    @MindlessTube Год назад +3

    Remeber when REV was going bankrupt. went from 1$ to 10$! lets go Carvana to 20$!

  • @JDMTEGGYLOVER
    @JDMTEGGYLOVER Год назад +5

    Sold some 3.5 puts this morning
    Looks like free money rn

  • @ryan6391
    @ryan6391 Год назад +1

    Hi Kevin,
    What do you think of the $80 Trillion Derivatives Issue with corporate lending between Companies with different currencies set to expire next year? I just watched this video by Geroge Gammon " BIS Warns Of 2023 Black Swan - A Derivatives Time Bomb". Think we should worry at all?

  • @DocUltimate
    @DocUltimate Год назад +1

    My man Kev dropping video from the airport 🔥🔥🔥🔥🔥

  • @nick-dogg
    @nick-dogg Год назад +1

    There won’t be no deflation like what Cathy Woods predict. Companies are a lot smarter now and will purposely hold inventory to keep prices high.

  • @justinwalker615
    @justinwalker615 Год назад +8

    I need to call carvana and get me a super deal on a trade in right now then.

    • @cryptocuzzins9214
      @cryptocuzzins9214 Год назад +2

      Yeah but good luck getting the title for the damn thing

  • @mrivarga
    @mrivarga Год назад

    How do you think the potential bankruptcy is influencing Shift?

  • @Marketsentiment293
    @Marketsentiment293 Год назад +1

    I don't understand why Carvana would sell cars at a loss; it doesn't make sense to me.

  • @OfficerPapi
    @OfficerPapi Год назад +3

    Not anything like Opendoor, they will make it through.

  • @bigrr64
    @bigrr64 Год назад +1

    Carvana deserves to go bankrupt the way they mismanage their company.

  • @BtcBroccoli
    @BtcBroccoli Год назад +4

    Say sorry to @InTheMoney

  • @iamtracy9
    @iamtracy9 Год назад +4

    I really appreciate you sharing your knowledge.

  • @TravisBerthelot
    @TravisBerthelot Год назад +2

    You should point out the differences between Carvana and Shift. Carvana is not reacting to market changes at all. They are like a kid with fingers in their ears pretending they don't see what is going on. Carvana is going more than just bankrupt. Carvana is spending money like they still have some. Shift at least is a possible buyout.

  • @stinkingrocket492
    @stinkingrocket492 Год назад +1

    You would think people who sell cars would know about being upside down. 🤷🏻‍♂️

  • @tomzphone
    @tomzphone Год назад +2

    Get ready. Carvana announces bankruptcy and the stock goes to $10.

  • @hansschotterradler3772
    @hansschotterradler3772 Год назад +3

    Looks like we'll be able to buy cheap cars soon.

  • @NatesHomeTours
    @NatesHomeTours Год назад +1

    If Carvana go cargna, this could be good for Shift, if they can pick up all the business Carvanna had.

  • @eliteequityy
    @eliteequityy Год назад

    Will this affext shift as well

  • @lilden3366
    @lilden3366 Год назад +3

    i'll never get my car Title.....

  • @Mephistopheles99
    @Mephistopheles99 Год назад +2

    Sad, they gave me a good price for selling my car and smooth sale in 5 mins.

  • @InvestingAlex
    @InvestingAlex Год назад

    So where can I buy a reasonable price car?

  • @pavx45
    @pavx45 Год назад

    Poor management doesn’t mean the model doesn’t work. It’s DEFINITELY not a sure thing they’ll go bankrupt. They borrow because they want to grow too fast which can be corrected. Swing Traders let’s do our thing

  • @alexh1954
    @alexh1954 Год назад +1

    Kevin can't help himself, he has to mentioned opendoor.

  • @bobbydee30g
    @bobbydee30g Год назад

    Cavana is an example of a company that had a cool story and ran hard. Analyst were with it while it ran but blatantly ignored the consumer gripes of terrible business.

  • @mukey
    @mukey Год назад

    Kevin, thoughts on the Tesla CEO replacement rumor? Couple of Tesla bulls have taken the time to address it. However, no official clarification from Tesla for hours now.

  • @lionheart93
    @lionheart93 Год назад +2

    They all should go bankrupt for doing wrong deals?

  • @oscarherrera8207
    @oscarherrera8207 Год назад +1

    So all these creditors could get the short end of the stick. Wouldn’t all these BKs hurt banks? There’s a trickle effect in the economy

  • @justSTUMBLEDupon
    @justSTUMBLEDupon Год назад +1

    What about Carmax?

  • @ralphtv6312
    @ralphtv6312 Год назад +1

    The executive are buying their own stock so u may be wrong

  • @rassen21
    @rassen21 Год назад +1

    It's on Friday

  • @jamesb.armstrong5433
    @jamesb.armstrong5433 Год назад

    We sold a car to Carvana and a house to OpenDoor. We got a good price on both.

  • @alwayschangingmyhair
    @alwayschangingmyhair Год назад +2

    Puts on the way down ?!?!?!?

  • @billflipper1130
    @billflipper1130 Год назад +2

    Wait till to see how fast tesla goes down

  • @greenninja999
    @greenninja999 Год назад +6

    This makes me kind of sad, I have bought and sold a couple of cars on Carvana and it was easier than ordering pizza. I really like the experience from a customer perspective. I have not used their financing, paid cash, so can’t speak to that.

  • @rof8200
    @rof8200 Год назад +1

    Sounds like a zombie company.

  • @buyerclub2
    @buyerclub2 Год назад +4

    What do you think was going to happen? They spend unknown amounts of cash putting up car "vending machines", Were buying cars at greatly over competition. etc. etc. Only reason they survived this long was VC money, and the Covid car shortage.

  • @malinoisnation9392
    @malinoisnation9392 Год назад +2

    Cheap cars coming or what?

  • @MetalGearShredding
    @MetalGearShredding Год назад +2

    7:42 😂

  • @jackblack5205
    @jackblack5205 Год назад

    Carvana dead? Does this mean we’ll still have the ugly ass car tower thingee?

  • @michaelmourek3879
    @michaelmourek3879 Год назад

    I don't like seeing anyone go broke in America - Assets 7 billion - Equity less than 1 billion - 17,000 employees -

  • @acbnb-com
    @acbnb-com Год назад

    Who saw this coming??

  • @adankoch7497
    @adankoch7497 Год назад +1

    CVNA future reddit squeeze target!!!!

  • @alexwalker5645
    @alexwalker5645 Год назад

    I wonder how Carmax is doing??

  • @michaelmourek3879
    @michaelmourek3879 Год назад

    195 countries in the World - why in America do we have so many companies losing money. Good question?

  • @portagetrendz5671
    @portagetrendz5671 Год назад +1

    Herd AMC too 🤔👀👀👀

  • @sanderdegurra9002
    @sanderdegurra9002 Год назад

    Why does carvana sounds so much like Tesla

  • @RealJonSarge
    @RealJonSarge Год назад

    I'm trying to get a Job with Meet Kevin so the Fed cries in less unemployment lol. But I'm def looking to buy a new car in the next year or so since used cars are finally starting to fall, trying to pick up a car for the cheap.

    • @jtim83
      @jtim83 Год назад

      I wonder if everyone has the same idea if that would oddly enough prop back up prices and at least keep them from dropping for a little longer…

  • @arjuntilalck1179
    @arjuntilalck1179 Год назад

    3 mins out and I’ve seen the whole 12 min video

  • @Crispypoyo
    @Crispypoyo Год назад +2

    I think people will talk about the car industry like how they talk about the Lehman brothers in a few years from now…
    - coming from someone who’s a software engineer for a large private company in the car industry

  • @Wickedtingzz
    @Wickedtingzz Год назад

    Meet Kevin with the 🍊 🎤

  • @teoabramian7365
    @teoabramian7365 Год назад +1

    I heard you asked donated money back! Where's my money I lost because of you?

  • @no0bbbb
    @no0bbbb Год назад +1

    7 or 11

  • @BelleDividends
    @BelleDividends Год назад

    The first zombie company to bite the dust?

  • @WudiPlays
    @WudiPlays Год назад

    holy second. wow i'm early :O

  • @Sunny-lp6rx
    @Sunny-lp6rx Год назад +2

    With out watching your videos everyday is impossible for me because you allways are on time with news and suggestions and more , god bless you

  • @veronicadavidson4487
    @veronicadavidson4487 Год назад

    You go boo boo forevermore sweetness sweet pea Pooh Bear guarding her cub alone always my love, I am so proud of my boo boo, I love you so much Cara MIA, you don't surprise me anymore boo boo, you know who you belong to, don't you Sweet pea, and you know you do, love you boo boo, really though, I kid you not, and you know it too, don't you boo boo, my love does it good, that's why I love you so much Cara MIA, with much love babe, till the new market open and close, you captured my heart racing, do you know this boo boo!🎃🎄🎆🎇✨🎉🎎🎑🎀🎁🎗

  • @andymartinez1426
    @andymartinez1426 Год назад +2

    Who cares

  • @veronicadavidson4487
    @veronicadavidson4487 Год назад

    My boo boo looking all fly, look at you boo boo, love you Sweet pea!🎃🎄🎆🎇✨🎉🎎🎑🎀🎁🎗

    • @veronicadavidson4487
      @veronicadavidson4487 Год назад

      And I meant , what I said Kevin's mine, get it through your Noggin's people, I kid you not bitches, get it through your Noggin's people

  • @SIDELINEREPORT-GOPACKGO
    @SIDELINEREPORT-GOPACKGO Год назад +1

    CarGONA

  • @veronicadavidson4487
    @veronicadavidson4487 Год назад +1

    My boo boo forevermore sweetness sweet pea Pooh Bear guarding her cub alone always my love, is on the way to New York, to ring the Bell, you go Cara MIA, much love babe, keep up the good work boo boo!🎃🎄🎆🎇✨🎉🎎🎑🎀🎁🎗 my boo boo, looks so gorgeous in a suit, I'm at a loss for words, you look so good, I can't say it enough love, need I say more!

    • @veronicadavidson4487
      @veronicadavidson4487 Год назад

      My boo boo, is possessive, that's good boo boo, cause , so am I, welcome to the club boo boo, nice to have you aboard, we are so much alike, I can't believe it boo boo, but I love it, and can believe in it , I hope you do too love, we are meant to be together, thank you boo boo, for helping me out, much appreciated boo boo, again thank you, you will never lose me love, I kid you not, from your love forevermore sweetness sweet pea Pooh Bear guarding her cub alone always my love, you will never lose me love, I kid you not🎃🎄🎆🎇✨🎉🎎🎑🎀🎀🎗

    • @veronicadavidson4487
      @veronicadavidson4487 Год назад

      Thank you boo boo forevermore sweetness sweet pea Pooh Bear guarding her cub alone always my love, I'm always here for you love, never doubt that boo boo, I love you so much Cara MIA, hope you feel the same way love!🎃🎄🎆🎇✨🎉🎎🎑🎀🎁🎗

  • @chrismolloy6885
    @chrismolloy6885 Год назад

    😎

  • @dazepresident
    @dazepresident Год назад

    C

  • @amishmodi74
    @amishmodi74 Год назад

    😂

  • @jamess1520
    @jamess1520 Год назад

    first

  • @mrpeaceful1
    @mrpeaceful1 Год назад +1

    i do dogecoin right now, dogecoin ok hand sign👁