TopgOptions

VRM Vroom -98.17% from all time high! And it`s not a crypto!

Long
NASDAQ:VRM   Vroom, Inc.
Vroom operates as an e-commerce used automotive retailer in the United States.
The stock is down 98.17% from all time high, so if you bought at the top for 100K, you now had less than 2K. And when you think cryptos are volatile!

But there are some good news coming: 5/10/2022 Wedbush Reiterated the Rating for VRM to Outperform, while Robert W. Baird put a price target of $8 for it.
All major institutions have higher averages on it, like Vanguard, $39 or Blackrock, $41.

And have you seen the incentives for the new CEO? 400K shares if the stock trades at 7.5 for more than 20 days, another 400K if it trades at 15 and another 400K if it trades at $21 in the next 3 years.

i think it`s a matter of time until we see VRM at $5 - $7!

Looking forward to read your opinion about it.

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