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OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
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Uber IPO, the most money losing company of all time that has ever IPO'd 
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Isnt it a way for investors to just cash out? Or cash them out i should say
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Uber IPO, the most money losing company of all time that has ever IPO'd
Nah LYFT IPO was much worse
Stock were falling this week anyway
I think LYFT dropped by 10% it’s first day a trading and the market was in the green that day
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I mean how much money the company itself is losing annually, Uber is by far the worst.
As far as the stock goes LYFT at least went above the listing price and there was high initial demand, Uber was a disaster, they kept delaying opening because there were no buyers... literally went straight down, closed on the lows, nobody wanted it
Here's your chance, you didn't have to wait long. Hit 193 today, will probably continue to drop if no deal is announced.
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https://www.cnbc.com/2019/05/13/us-markets-react-to-china-trade-war-news-and-more.html
Havn’t seen the market set to open this much lower in a long time. This will be fun.
Havn’t seen the market set to open this much lower in a long time. This will be fun.
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so just buy everytyhing as soon as a deal news hits?
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Put limit orders in to add to my positions in ISRG and CGC. Love these buying opportunities.
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what we buyin today boys
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I feel like this might be the start of the dip, watching carefully.
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If this dip hits hard I'm loading the boat on apple, microsoft, and amazon for the long game
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I’m still buying hear every week lol, plan to up the ante to activision/Microsoft soon tho.
I’m holding/long anything gaming related especially with new consoles coming in a year or whatever.
I’m holding/long anything gaming related especially with new consoles coming in a year or whatever.
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i got hope for Uber.
gonna hold for a long time.
wait till these flying cars come out. boiiiiii
gonna hold for a long time.
wait till these flying cars come out. boiiiiii
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BTC doing numbers
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How come when bitcoin does well stocks sink and when stocks do well bitcoin sinks ?
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Same here. Long term vision.
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what makes uber attractive long term?
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Yep, gaming I’m long
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I got the same questions, think outside of nyc n San Fran/Cali/Vegas/downtown areas of cities who using it? They charge high fees, employees want more pay which will lead to higher fees...are they buying employees flying cars?
Door dash expensive too lol $20 for a smoothie ok yea ima use that often lol
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Yellow taxis in NYC are cheaper than Uber now. Most people dont know this though, because the convenience of using your phone is >>>>
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People who use uber always been the “because I got it” people...which leads me to the $50 a gram meme.
U gonna find a cheaper option and move on. Plus I know mad folk who fake uber lol u call them n they drive u n u pay them cash. Hood uber
Hoober
U gonna find a cheaper option and move on. Plus I know mad folk who fake uber lol u call them n they drive u n u pay them cash. Hood uber
Hoober
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Not a thing. Terrible management. Cannot make a dollar to save their life.
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i think with so much to fix Uber can only go up.
This ipo should open its eyes to the bs and hopefully force changes that get consumers back on the right side.
but hey i dont know what im doing so im just throwing darts on why it might work out.
noone believes in it.
This ipo should open its eyes to the bs and hopefully force changes that get consumers back on the right side.
but hey i dont know what im doing so im just throwing darts on why it might work out.
noone believes in it.
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out of all the recent IPOs I'm holding Beyond meat for long
got some at 63
got some at 63
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Not gonna happen overnight as with most things. Thinking 10-20 years down the line
But
1. Eventual implementation of self driving cars/pods
2. I can see uber gaining contracts to provide supplemental service to mass transit systems or replacing them entirely in the future
3. More efficient automated air travel over shorter distances. Eliminate pilots.
4. Possibly applying this to rail(human transport/freight) as well
Uber is Amazon 2.0 in its infancy IMO and cab rides are the equivalent of selling books ATM
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