$LOTZ , CarLotz inc is in the same space as giants $CVNA, $VRM, and competitor $SFT
Unlike those three they have a unique vehicle sourcing model. (Fleet consignment.) They also have no inventory carry costs and a way lower cost per acquisition.
They recently raised $305 million at $10 per share. The company has been around for 10 years and is already profitable...
$AKBA is a heavily shorted bio-technology company that recently won DOD funding for one of their phase three candidates. I think the bullish trend is just getting started and a real shove will add 100% or more to the price of the stock.
Inseego is the leader in 5G router and hotspots. They have contracts with several major carriers and the earnings that will push this stock to new highs are not baked into the price yet.
On top it has 28% short interest which can be a major catalyst for a squeeze to higher prices.
They came out with better than expected revenue but worse than expected earnings. Since this is a stock driven by both I expect there to be a substantial dip in the share price for the next few days at least.
The other pressures exerted on the markets are going to come in the form of rebalance/margin calls that are going to cause funds and investors alike to have...
I think Fulgent Genetics is extremely cheap and institutional investors are just barely starting to take notice. The near term catalysts for massive upside are already in play and not priced into the stock.
I am still a believer in the long term prospects for this company. I took profits because I think it may come under selling pressure when the convertible note converts to common stock. Something that will take place over the next couple weeks.
// ---> Here is a paragraph from yesterdays share holder notice:
The Company’s expected use of proceeds from the Notes...
If you followed my prior videos you bought this trade early in this cycle. I still think some strategic moves are in play. In either case plan to hold through $8 and evaluate the technical situation then.
I know this space. In my opinion VRM is ready to rally. If you believe in parity Carvana should be cheaper and Vroom should be more valuable.
Related symbol of interest is SFT (Shift Technologies) I think either VRM or CVNA could end up buying shift. That said Vroom is a lot bigger and I like the stock set-up for a nice rip.