Long
$LOTZ - Monster Reward to Risk Ratio Present
LLOTZ , 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 in their model. Their gross profit per unit went from $800 to $2,181 with more strategic moves. (IE getting a piece of financing.)
One of the strategic investors is the countries largest repo auctioneers.
CVNA, VRM, and competitor SFTUnlike 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 in their model. Their gross profit per unit went from $800 to $2,181 with more strategic moves. (IE getting a piece of financing.)
One of the strategic investors is the countries largest repo auctioneers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.