I saw Advance Auto Parts earnings this morning, and I had no idea it tanked so much in the past 2 years.
$AAP just closed at a 10 year low after losing 70% value since covid heights.
I remember a while ago hearing on cnbc... "cars are too expensive. people will be fixing their cars instead of buying new cars. there is huge demand for auto parts."
What happened to that narrative?
and UPST I remember well. At $400, they were saying UPST was cheap! UPST is around $25 now.
all sound familiar? CNBS hypes stocks after they've run up 50%+. and then crash.
I haven't watched cnbc in a while.Anyone know what dubious stocks CNBC has been hyping lately?because whatever they're hyping... it's probably a good time to get out now or short some.
The pattern seems to always repeat.
[link] [comments] https://www.reddit.com/r/stocks/comments/13x1jfo/lets_tally_what_are_some_stocks_that_talking/
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