$VRRM go Vroom
Author believes VRRM is experiencing a dead cat bounce, implying the stock will resume its downward trend after this temporary recovery.
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Author believes VRRM is experiencing a dead cat bounce, implying the stock will resume its downward trend after this temporary recovery.
VRRM is oversold due to Avis cancellation fears despite retaining a profitable core business generating $750M-$800M+ revenue and $250M-$300M+ EBITDA even post-Avis. The market is pricing in complete collapse while the company's recurring traffic enforcement, tolling contracts, and infrastructure assets remain valuable and hard to replicate.
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