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America's Car-Mart, Inc.

  • The Changing Face of the Used Car Biz

    By Robert Hanley - March 5, 2013 | Tickers: CRMT, AN, KMX

    The car business rebounded back to normalcy in 2012, thanks to artificially low interest rates and pent-up demand from consumers with aging vehicles.  The sales rebound has improved the fortunes of the leading manufacturers, including General Motors and Ford, which reported a combined 6 million in vehicle unit sales and $11.8 billion in net profits in 2012.  However, with rising prices for new models leading to affordability concerns, the more »

  • Should You Invest in Used Cars?

    By Nate Wooley - March 3, 2013 | Tickers: CRMT, KMX, GPI, LAD

    So, I just bought myself a car. Note that I don't say that I bought myself a NEW car, but just a car. It's a Chevy Impala with all the bells and whistles and, like a lot of guys with new cars, I'm very pleased with it. It's got a lot of bells and whistles that my old one didn't. Heck, I'm still figuring more »

  • Investing Into a Reformed Car Salesman

    By Joshua Bondy - December 5, 2012 | Tickers: CRMT, AN, KMX, KAR

    Society does not have a very positive image of a used car sales men. They seem be the epitome of sleazy, self-centered, opportunistic salesmen who are willing to sacrifice the customer in order to make a marginally better commission. Carmax came along and decided to try and change the used car business. Their cars come with a fixed price so the customer does not have to worry about haggling with more »

  • Big Wave Trading Portfolio Update And Top Current Holdings

    By Joshua Hayes - March 24, 2012 | Tickers: CRMT, AVD, CERS, CPWM, LHCG, LNKD, KORS, RF, SWHC, ULTA

    The Big Wave Trading Portfolio’s Market Model remains under a BUY signal. However, during the week, evidence started to mount that turned the model from leaning BUY bullish to BUY neutral. This means that less capital is being deployed in new long positions and the requirements for actually becoming a new long position in the portfolios is raised. There are various internal indicators we use to confirm price action more »

  • Big Wave Trading Portfolio Update And Top Current Holdings 3

    By Joshua Hayes - February 25, 2012 | Tickers: VNET, CRMT, IRE, FFN, LCAV, KORS, MOTR, RF, RENN, TNGO

    The Big Wave Trading margin and retirement accounts remain fully invested. There have been two distribution days in the Nasdaq in the past week but the selling has been orderly. While we remain cautious on new positions with the market in a non-stop uptrend, we continue to ride the trend higher. We do not know if the market will or will not pullback. We can only prepare for both outcomes more »

  • Big Wave Trading Portfolio Update/Top Current Holdings

    By Joshua Hayes - February 20, 2012 | Tickers: CRMT, IRE, DVR, JKS, MOTR, RF, RENN

    The Big Wave Trading Market Model remains under a full BUY signal. This buy signal was signaled on 1/5/2012 and has not had a change since. The distribution day had zero effect on the model and thus being fully invested on the long side continues to be the mode of operation. Big Wave Trading will continue to ride its winners higher while selling off any new long that more »