Carmax KMX

[vanzandt]

https://twitter.com/x/status/814864300338712576

Cyclical, yet huge growth runway

Huge runaway overhead you mean.
And huge runaway defaults.

 

[Vincent S. Ashmore]

can the Trump rally make it happen?

 

[hajimow]

Up today. KMX is in strong sell territory today. This is just my call. DOYD. Make sure you know what you are doing.

 

[newwurldmn]

Huge runaway overhead you mean.
And huge runaway defaults.

I think this is a bet on low interest rates.

 

[hajimow]

Very low volume. Almost dying volume. Personally I think they manipulate the stock by pushing it higher on low volume and then create interest and then dump the stocks. I do not see any interest in buying it or shorting it in big volumes. It is dangling at around 74.20. Traders are busy with FB, AAPl,.... once it is done (by the end of this week) the story will be different. I expect KMX to drop to $67 but you need to be patient.

 

[hajimow]

KMX has dropped over a $1 since yesterday in the up market. Based on my trading experience this stock has at least $5 room to drop. My posts are not trading advice. Do your own research before any trade. Make sure you can handle the market fluctuations.

 

[hajimow]

KMX is soooo weak that if someone wants to sell 100K shares, it will drop $2. Big investors do not like these kind of stocks. They got in on the earnings based on the chart but now cannot get out without hurting themselves.

 

[hajimow]

I checked market depth for KMX. Almost absolutely almost no buyer. This will drop very bad.

 

[vanzandt]

Haji.... $77 down to $66 in 3 months. Good call.