I got into KAR because it was the 6th most shorted share, so...

  1. 903 Posts.
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    I got into KAR because it was the 6th most shorted share, so dont 100% agree.

    I saw the buy back, divvy and extremely low valuation.

    These are all great, but part of my investment strategy was betting the smart money had gotten it wrong for KAR and seeing a short squeeze would ensue.

    It takes so long to individually go through the stocks on the list and at that time only found KAR as a stand out.

    But agree with you on the oil, profit, output, eps, divvy etc is going up which makes it a great buy.

    Sitting on a tidy profit and theres a great runaway...its just started.

    Good luck everyone.
 
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(20min delay)
Last
$2.07
Change
0.030(1.47%)
Mkt cap ! $1.532B
Open High Low Value Volume
$2.05 $2.07 $2.03 $14.79M 7.169M

Buyers (Bids)

No. Vol. Price($)
1 6394 $2.06
 

Sellers (Offers)

Price($) Vol. No.
$2.07 241647 16
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
KAR (ASX) Chart
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