I see the chart is bullish and a triangle about to break up. 350-450 next week?
Bullish
P
They cut lots if employees and hours to show a profit, now it’s trying to operate with way less employees. Wont last. They are charging a lot of bogus fees in sales and service to increase profits.
T
20bln in sales every year and valued at 7. How can you say this is over valued???
K
$20 bill revs and $11 billion ev market cap... seem undervalued ?
Bullish
P
Automotive dealerships are a dying business if they can’t hire technicians to fix the vehicles
W
Already peaked, way over bought, drop from here
Bearish
M
Good long term support at $40 after it breaks down.
S
earnings blowout! Unfortunately stock is very overvalued so it will not pop. This is going DOWN DOWN DOWN
Bearish
J
Blowout earnings!
J
Who cares about Mike Jackson or the fact his "dealership" won't take Bitcoin. Jackson seems in need to get his oar in the water - like $Bill Gates who is popping up all over the Internet. Jackson can do as he sees fit - and his customers can choose to shop elsewhere. Maybe Elon Musk should not allow AutoNation to sell Teslas given how rigid Mike Jackson's policies are.
Autonation $AN, makes $20B revenue and a small profit, their market cap is ~$5B. Carvana makes $4B rev, no profits and its market cap is like $30B. Unsustainable price for the industry imo, just like Wayfair.
Jun. 4, 2020 2:04 PM ET|About: AutoNation, Inc. (AN)|By: Niloofer Shaikh, SA News Editor AutoNation (AN -1.0%) is permanently laying off ~3,500 employees across the company, most of which are associates on unpaid leave.
How ugly is this going to get?
B
How bad is this likely to get in next few months?
This is already ahead of its one year target of $41 and now the issues with layoffs, rental cars flooding market, where is this headed.
Especially interested in views of long time holders and those in the car industry.
d
Anybody that has been to an AutoNation dealership knows the stock is extremely overvalued at $60. If you worked at one you know its worth $0....
Bearish
a
Don’t worry. It’s the big hedge funds taking some money so they can scare people and buy the dip. I’m long in AN and Vrm. Buying more this morning. Online sales are in high demand. Used car prices are up
Bullish
D
Since April 3rd, AN is up over $15/ps - everything is closed, 26 million filed for unemployment in that time and this stock has nearly doubled. Its incomprehensible.
D
Retail sales plunged 8.7% in March. What do you think its going to be in April? People were still allowed to go out in March
Bearish
p
Congrats all. Featured on pauls picks 2020 last Friday YTube post. Must own for earnings. Next up tonight $LLNW will explode
AutoNation, a Fortune 500 company that runs a network of auto sellers, received nearly $95 million in federal small business funds, according to internal company documents and two company employees.
AutoNation, a Fortune 500 company that runs a network of auto sellers, received nearly $95 million in federal small business funds, according to internal company documents and two company employees.
www.inquirer.com
C
moved up nice today, but where is it headed rest of year?
The company is adopting stiff measures in the face of the coronavirus, but its emphasis on used vehicles and other services should help the company recover.
The company is adopting stiff measures in the face of the coronavirus, but its emphasis on used vehicles and other services should help the company recover.
AutoNation eliminates ~3,500 positions permanently
Jun. 4, 2020 2:04 PM ET|About: AutoNation, Inc. (AN)|By: Niloofer Shaikh, SA News Editor
AutoNation (AN -1.0%) is permanently laying off ~3,500 employees across the company, most of which are associates on unpaid leave.
How ugly is this going to get?
This is already ahead of its one year target of $41 and
now the issues with layoffs, rental cars flooding market,
where is this headed.
Especially interested in views of long time holders and
those in the car industry.