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Investment Strategies / Falling Knives
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Author: MisterFungi   😊 😞
Number: of 672 
Subject: Re: KMX
Date: 12/22/2022 12:28 AM
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No. of Recommendations: 2
Carmax reports. 'We believe vehicle affordability challenges continued to impact our third quarter unit sales performance, as headwinds remain due to widespread inflationary pressures, climbing interest rates, and low consumer confidence.'

Perhaps this is about as bad as it gets. But I see no compelling reason to open a position right now.
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