Posts  / CHPT  / #POST-247986
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CHPT - Chargepoint the next Carvana?

Tried to post on r/shortsqueeze but didn't have the karma:

Any talk here about CHPT?? Up over 70% today on very solid earnings and improving financials. Seems like a juicy one to me.

I've been averaging down over the past year with some leaps and a couple hundred shares. Sold a little over half around $8ish today. Will definitely buy back if dips below 6-7 And will at least sell some cash secured puts in the short term.

According to fintel, $24% SI, 12DTC. $200mil market cap.

60% owned by retail because if you own an EV, there's a good chance you have ChargePoint in your garage. 95% of institutional investors is long.

After the SPAC craze of 2021, CHPT has fallen from $800 down to $4ish. Could this be a Carvana type stock?