Off The Charts: U-Haul, CHIPS Act Winners & Know Your IPO: Savers Value Village 7/11/23
Mad Money w/ Jim Cramer
00:00
The Brave Game of Carvana Short Selling
Shorts can only blame themselves for failing to take profits before the meme stock guys came in with the relentless buying. The brokers will force them to buy it back, and it'll go even higher when they do. As low as Carvana stays so much solvent, then the buyers, by their own relentless purchasing, can make it so the bears can't find enough shares to sell short. That's what makes this such a brutal game.
Play episode from 05:31
Transcript
