Wallstreetbets

Carvana Co. (CVNA) has rocketed from the $4's to as high as $19 over the last month as a turnaround and short squeeze play. Shift Technologies, Inc. (SFT) is finally starting to move as a junior version of CVNA's online used car dealership service. SFT rose 33% on 26 million volume today. This is a follow up to last week when the stock saw a consistent increase in price and volume. It's still early in its run, and so far hasn't had that much volume for a stock under $0.50, so it has potential to move a lot more if it becomes really popular. This chart summarizes both the squeeze potential and the fundamental value of CVNA and SFT: In terms of short squeeze ability, SFT has high potential like CNVA. CVNA has a 65% short interest as a percentage of the float, and we have seen how much it has squeezed lately. SFT is just starting its squeeze and has a 31% short interest.  On the fundamental side, CVNA had over $14 billion in revenue over its previous four quarters. Compare...

We have seen Motorsport Games Inc. (MSGM) go absolutely insane, running from $2.63 to $37.00 over the past two days. Other egaming, gambling and similar type of stocks like Mobile Global Esports Inc. (MGAM), EBET, Inc. (EBET) and SharpLink Gaming Ltd. (SBET) saw sharp increases in the morning as sympathy plays, but did pull back significantly in the afternoon. That's because they don't really make great sympathy plays. They all have floats above 10 million with total share counts in the 20 million range. MSGM has only a 460,000 float and 1.2 million shares outstanding. The best comparable for a sympathy play we can find is Edible Garden AG Incorporated (EDBL). It has an outstandingly low shares outstanding of 342,000 and float of only 162,000 after a reverse split a week ago. The chart below summarizes the opportunity on the stock: Not only does it have a much smaller float, it also has comparable revenue to these other companies despite the cheaper valuation. Its revenue mult...