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New Construct's McBride: TrueCar is a crash waiting to happen

Author
Money Life with Chuck Jaffe
Published
Mon 25 Mar 2019
Episode Link
https://moneylifeshow.libsyn.com/new-constructs-mcbride-truecar-is-a-crash-waiting-to-happen

Sam McBride, analyst at New Constructs, put TrueCar Inc. in the Danger Zone, noting that the stock had been there in 2017, and it lost roughly 60 percent of its value thereafter. That doensturn hasn't made the stock look better, McBride noted, and he made a strong case for hy the stock is still significantly overpriced. Also on the show, Thomas O'Shuaghnessey of Clever Real Estate discusses his firm's survey of thousands of credit-card users, Richard Smith of TradeMmith talks trading today, and Jeffrey DeMaso, director of research at Adviser investments, has the Market Call

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