Hey you stock guys...Analysis on CART

CART has creept up every day for the last two weeks. $34.50 now.

Lock-up expiration happens next week. I think the shorts have been piling on trying to front run that.

It opened at $42ish on IPO day. A month later it was $24. These guys have $2B in cash and a $1B buyback in place... I don't think the insiders are gonna sell. This thing might blast off for a decent short squeeze. $40?

q423shareholderletter010.jpg
 
CART has creept up every day for the last two weeks. $34.50 now.

Lock-up expiration happens next week. I think the shorts have been piling on trying to front run that.

It opened at $42ish on IPO day. A month later it was $24. These guys have $2B in cash and a $1B buyback in place... I don't think the insiders are gonna sell. This thing might blast off for a decent short squeeze. $40?

q423shareholderletter010.jpg
$36.26 in the pre. :cool:
 
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