Stock with real 100-200% upside potential in 1Y
SFT Shift Technologies. Nobody even knows about this thing. Yes it's an ex-SPAC. Yes, that sucks. I'll tell you why it doesn't matter and why it will 2-3x in one year. They sell used cars online. Auto ecommerce. They just had the best earnings of their history on 8/10, crushed revenue, improved CAC, improved GPU, expanding to new markets, heavily capitalized, 377% quarter growth YoY. and what happened? it shot to $11.30 after hours, and crashed to $7.80 in 2 days. for no reason at all other than short selling. Their market cap is $650m. Their revenue guidance for THIS year is $575-595m. INSANE short volume, one of the worst I've seen. Yes, they are a growth tech company growing well over 100% YoY, improving CAC, and will be valued at 1x P/S. This is criminal. If they do another 100% YoY, and 2022 revenue is $1.2B, and stock price stays the same, they will be trading at 0.5 P/s. unheard of for growth tech. Their competitors and all of their P/S ratios (based on 2020 revenue, not forward) SFT - 1.66 P/S LOTZ - 2.67 P/S VRM - 2.64 P/S CVNA - 6.91 P/S Shift's average price target is $15. Trading at $7.80. Carvana gets a pass because they have top dog advantage in this space, and are closer to true profitability. The other gaps, there is no excuse. Just catching up to the 2 lowest competitors P/S implies a 50% upside. Just take a look, you won't be sorry. This is the best time to buy. I'm not shilling, just wanted to show you all what's up. Set a notification and I'll come back in a year when it's over $17.50. Buying 12/2022 leaps π tag for me to come back to when I change companies: #shift2022
Pump n dump? Elon? That you?
Will look into it thanks
no worries. do your own due diligence, just wanted to lay out some of the surface level things :)
Blind has turned into Quora, LinkedIn and now r/wsb
Once you get in the spac arena it isnt that lucrative. Look at most of spac companies
all the spacs got fucked so hard was the same story with sofi, greatcearning but got destroyed AH
The issue is that this year is great for anything car related but might not repeat next year. How often do you buy cars?
πΏ
My equity is definitely looking forward to the market recognition.
My yearly total compensation from pre-IPO is pretty laughable in retrospect. Would love some recognition π
shift people ^ is anyone frustrated over there how your stock has become a prime target for short sellers? seriously, looking at the data it's one of the most heavily shorted stocks (% wise) on the market! they're manipulating the shit out of your price
Bought my car from shift. Great experience. Good cars.
It's actually a really good service. It's as easy as they make it look.
Yeah I bought a car in 45 min to an hour Loved it. And it was under kbb