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Uber reminds me of Amazon a decade ago when people were questioning their low profits.
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This is certainly what MF advertises and I’m not doubting it in theory but these numbers don’t add up. When did this analysis end?
Yeah man, good call. I got to my computer late and played it lazy. I guess I am LONG this one as well. SMH.19 push and fail using 18.72 as a guide would've paid off, huh. I should day trade more lol.
$246k total investment doesn’t add up based on 2k/month over that time.2002 from it's inception of the 2 funds a month til the most recent email - so 1/25/2021
Early on they had COST at $42, Ebay $5.73, DIS $21.98, AMZN $16.51, NVDA $7.07, NFLX $4, APPL $5.56 etc
So how do Uber and TSLA's current valuation coexist? My thought of the future is autonomous TSLAs driving me where I want to go.Uber will dominate marketshare regardless. If they get big enough any potential incoming regulations could even help them more than hurt. Taxis have killed themselves in many ways. Ride sharing isn’t going anywhere. I think they’ll figure out profitability. Not saying they aren’t overvalued now. But they aren’t going anywhere.
Also, did they hold all the positions from every month or move any around?2002 from it's inception of the 2 funds a month til the most recent email - so 1/25/2021
Early on they had COST at $42, Ebay $5.73, DIS $21.98, AMZN $16.51, NVDA $7.07, NFLX $4, APPL $5.56 etc
That’s the future for sure but that’s a loooooong way away and Tesla won’t be the only game in town with the technology at that point. I don’t like Tesla at all. They needed more infrastructure investment years ago to dominate that industry longterm.So how do Uber and TSLA's current valuation coexist? My thought of the future is autonomous TSLAs driving me where I want to go.
You could just take the L if you're not a believer. SSR got turned on so they'll have to run it at some point and you could exit into some strength. Best of luck.Yeah man, good call. I got to my computer late and played it lazy. I guess I am LONG this one as well. SMH.
$246k total investment doesn’t add up based on 2k/month over that time.
Yes- but it’s never too late!!Want to know why I kept telling people not to chase, not to average down and to be careful with buying garbage, it was because while you all were losing your **** watching the 10 o’clock news, I was sitting here having watched the original broadcast at 6 and knowing the potential outcome. All of this stuff is cyclical. It’ll happen again to some degree in the future. Remember, don’t forget, and avoid the mistakes.
A lot of you missed amazing opportunities to buy great growth stocks at a 15-30% discount that have already recovered a lot since Melvin and other funds liquidated to cover their shirts. Something I said would happen.
Now it’s your job to respect the market and look for real opportunity, instead of buying more garbage because you’re down on it. You never average down on losers, it’s how you blow up.
There are still plenty of good stocks out there on sale. Buy real companies with real growth and create wealth before it is too late.
Paper hands Portnoy sold his memes for -700k
Wait... it’s still too close to call?GME barely holding on to $100... if it breaks below it could be the end
The lesson learned from these last two weeks is to never bet against the establishment. Ever.INO looks ****ed if these lows get taken out today
I feel it. To me it feels like what Netflix was at the onset. Their only real concern is Tesla at this point, Lyft to me is done. Their business segment is ix still 100% rideshare as of the last time I checked. That's ridiculous. If it starts to trade flatish I will look to exist some but the expansion of their business model just makes it feel like a no-brainer to me. From a top-down perspective. Soon they will have a footprint in everything that involves a vehicle.I just think people are skeptical on Uber’s long term potential
I wouldn’t say that. Plenty of hedges lost and the Redditors that conceived the trade won. Telling people it’s going to $1000 and selling at $400 is classic p&d tactics. The only lessen here is never get into a short term play late.The lesson learned from these last two weeks is to never bet against the establishment. Ever.
Had a homie that bought 4 shares at $225 yesterday. He bought more at $130.... now it’s at $90It's people that bought GME when it was $350+. Man....
Indeed. If it already ran up and you missed out, let it go. Where is Frankenstein at with his INO play?I wouldn’t say that. Plenty of hedges lost and the Redditors that conceived the trade won. Telling people it’s going to $1000 and selling at $400 is classic p&d tactics. The only lessen here is never get into a short term play late.