Glowing Numbers...With Glaring Omissions

Enabled by the mainstream financial media, I’ve written about one stock that I’ll avoid “forever” due to massive looming questions about its business model.

Today more than ever, I think it’s important to remind readers about these critical questions surrounding one company.

Yesterday, the company posted what on the surface looked like impressive earnings, touting “record” first-quarter results that exceeded Wall Street expectations.

Management added that while it does not provide annual guidance, it expects sequential increases in both retail units sold and adjusted EBITDA in the second quarter, pointing toward potential all-time company records.

But buried beneath the celebratory headlines is a glaring omission: there has been virtually no serious, in-depth discussion about what is actually driving these numbers. Once again, the company appears to be generating “incredible” results in part by selling to opaque buyers who, at least on the surface, seem willing to pay prices that defy typical market logic.

Meanwhile, as these buyers continue to seemingly have an incessant, never-ending bid for the company’s product, just days ago S&P Global was downgrading the same company...(READ THIS FULL ARTICLE AND GET THE COMPANY DETAILS HERE).

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