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Becoming Ritchie Rich is a new show that takes a deep dive into various penny stocks. If you are someone who wants to learn about the stock market or trades penny stocks, this show is for you. Join me as we do some deep analysis of a popular penny stock. Feel free to ask questions, give suggestions, and share penny stocks you'd like me to take a look at next. Today's popular penny stock is Shift Technologies (SFT).

More About SFT:

Shift Technologies, Inc. is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven customer experience. It provides digital solutions throughout the car ownership lifecycle enabling customers to purchase a vehicle online with financing and vehicle protection products. Its segments include Retail and Wholesale. The Retail segment represents retail sales of used vehicles through the Company's e-commerce platform and fees earned on sales of value-added products associated with those vehicle sales, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler (DTW). Its physical operations are conducted in three West Coast hubs, namely Los Angeles, Oakland, and Portland. Its wholly owned subsidiary includes CarLotz, Inc.

Disclaimer:

Becoming Ritchie Rich's host Ritchie Rich is not a financial advisor. This show is created purely for entertainment purposes. Before buying into any position, please DO YOUR OWN RESEARCH.