
On Thursday, short seller Hindenberg Research published a scathing report on online used car retailer Carvana.
https://deepnewz.com/law/hindenburg-accuses-carvana-accounting-grift-impacts-40-billion-market-cap-7c26b6d0

Accusing the company of self-dealing and accounting fraud, specifically in its auto-loan division, where the company makes most of its profits.
The stock traded as high as $260 in late November.

It slid almost 20% this past week, including after the report.

Will the stock continue to slide?
The market will resolve YES if the Carvana stock trades for under $100 (not including after hours) before March 1st. Otherwise will resolve as NO.
If the company goes bankrupt or de-lists, that will also resolve as YES. Otherwise will resolve as NO.
🏅 Top traders
| # | Trader | Total profit |
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| 1 | Ṁ4,146 | |
| 2 | Ṁ2,149 | |
| 3 | Ṁ1,818 | |
| 4 | Ṁ1,328 | |
| 5 | Ṁ1,085 |
