Bill’s commentary:
“What is the deal with 22% and 22%? In any case, price always follows volume, and in this case it looks like “bankruptcy” is the end game?”
Bill’s commentary:
“Turn out the lights, the party is over?”
Carvana Co. is preparing to sell $479 million in bonds backed by subprime auto loans, its first offering of asset-backed bonds that aren’t from prime borrowers in over a year.
Bill’s commentary:
“You mean there might be a problem with …”liquidity”? In an over-levered world?”
‘I hope to die on Mars. Just not on impact.’ Elon Musk. (1971-).
BillHolter.com 