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Better to learn how to read charts. They will tell you which way the wind is blowing. Long before you will ever see it in print. Course it took 70 years for me to figure that out.
I can tell you as a driver, next earnings will be down. Check out all the DD Facebook groups. Shit sucks now. Uber eats pays better but even less frequent orders now that we flattened the curve.
Good luck. I am getting ready to short it again.
I said 35, but if the government throws out the independent status for the drivers and makes them employees. We could see 10 t0 15 dollars on this stock. After the election we should have a little rally. Time to put the short back on, or add to your short position.
I worked for this company for a year as a part time job. It was the worst experience of my life. The app is dangerous and makes you click 3 times to decline an order so you have to look away from the road while driving. The company steals from employees by keeping their tips. The app freezes and customers can't receive their order. Some orders are on $3.00 commission for 30 mins of work or more which is far below minimum wage... not to mention rising gas prices causing people to quit and find other means of income. If their earnings are positive it is because they stole tips from their drivers. Awful company to work for.
DoorDash to Offer Cannabis Pickup Service in Canada
https://gritdaily.com/doordash-to-deliver-cannabis-in-canada/ $DASH
You are now stopped out, with a nice profit. Be not anxious to buy this back at 78. Before this is all over, it may be 35.
If you did buy them at 78. I am sure you did not sell half, as I said you should. But if you did, move your stop up to 100.
I said buy them at 78. Now please sell them. At least half of them. Put a stop under the rest at 80. You have a nice profit. Don't let it become a loss.
.
DUMP ... DUMP ... DUMP
Drivers are very unhappy with their pay and service is on the way down.
Buy them at 78.
As an UberEats and DD driver I can confirm DD is winning on amount of orders. I’m guessing 70% market share. This is just an estimate on my small city. Uber did buy postmates. I’m betting on DD but no shares yet.
I used DASH to order some alcohol and the fees and taxes overall are so much cheaper than food.
X-MAS came already this yr in FEB lol oh we just hit it big on DASH call options. UP 19.00$ after mkt loving it. My son is amazing time to give up the reigns totally. I like when I get these phone calls with huge gains all good. Good Luck to all
So far, so good. Still looking for 78 here. Still have my DOW short on. looking for a major drop. Did well on my PRED. Bought it on the 29 at.04. Got out of half at a little over .06. Nice start to the new year.
So far so good, in the new year. I sold half of my DOW short I put on this morning. Will keep the other half to see if I can get a nice hit.
Well I got out of the 220s with a nice profit. But small position. Now to see if I can get out at 78 on the other position, again not to large. In the mean time I am going to look some where else, other then here for a trade. This thing makes me nervous the way it jumps around. The DOW looks like toast. I think we could get a big drop on Monday or Tuesday. I think I will take a shot at that.
I added a few more to my short position on the way down. I think I will sell the first ones I bought, at 128, Then the rest at 78.
I am again short. But with such a small position, it means little.
Yep.
Eight out of ten times Im glad I sold.
If this game were easy, every shoe clerk in town would be in it.I would bet, you still did a lot better than I did. ON TO THE NEXT ONE.
I thought today would be a profit taking day so sold 3/4 of my shares right before the Close yesterday.
Its a huge hit overseas
Took a while.
But my 213s and 193s are now green. Now, what do I do ?
What a grind. Finely, I am 6 bucks a share to the good on this pig. Maybe I should run for the door. But the chart looks as heavy as tungsten.
There is just nothing special about what they do. At least I sold some more at 213. Now I am back to even.
too expensive $DASH
Maybe now I know why the stock is so strong. Other wise it looks bad.
$DASH just getting into alcohol delivery? $WTRH already been there, doing that. https://waitrapp.com/blog/alcohol-delivery-waitr-booze-cruise
Green is not what I want to see. I am getting a little beat up on this one. For the life of me. I can not see what to get excited about when it comes to this company. I am impressed with Jollibee Foods. That company looks like a winner.
The only thing green on my screen today.
They are very aggressive in trying to recruit new drivers.
I am always early. But never right at that moment. I went short at 193.
I be getting ready to short this puppy again. It be looking a little heavy. Course, so does the rest of the market.
$DASH
Total Debt (mrq) $259M
Book Value Per Share (mrq) $13.99
Better chance it will be 70.
If I had the money. I would short more on that news.
DASH with some very good PR today:
"March 08 2021 - 12:32PM - PR Newswire (Canada)
SAN FRANCISCO, March 8, 2021 /CNW/ -- Today, DoorDash announced Made by Women, an in-app and digital platform that aims to champion women-owned businesses and uplift women voices, along with a first-of-its-kind partnership with multi-platform ESPN commentator and two-time WNBA All-Star and forward for the Los Angeles Sparks, Chiney Ogwumike.
In celebration of International Women's Day, the multi-platform partnership with Chiney Ogwumike launches today with a new national ad campaign titled "In the Zone'' that spans TV, digital, and social media. The campaign is a leading example of a non-endemic brand creating national creative that features a solo WNBA athlete, elevating the representation of women in advertising and media. The :30 spot simultaneously and seamlessly links DoorDash and basketball through spoken-word narration by a rising voice in the world of sports, while aiming to celebrate women making history.
DoorDash and Chiney Ogwumike have many shared values, and are committed to empowering local communities by working together to design initiatives that accelerate efforts to provide access for women across the United States and beyond. Chiney is blazing her own trail of entrepreneurship with broadcast, basketball, and now business, and is dedicated to the mission of opening up opportunities for women worldwide alongside DoorDash.
"I'm thrilled to partner with DoorDash to celebrate and empower women everywhere. As a woman trying to balance it all, it is critical to show the world that we will continue to break glass ceilings every day and lift each other up," said Chiney Ogwumike, multi-platform ESPN commentator and two-time All-Star of the WNBA's Los Angeles Sparks. "On International Women's Day, we recognize that women are bosses, and our mission is to open up doors for the next generation to run through. And for anyone that knows me, food is the way to my heart, so working with DoorDash is a dream come true."
"We're constantly inspired by the endless ways women continue to break barriers and create change across food, sports, entrepreneurship, and beyond," said Vanessa Carr, DoorDash's Director of Partnership Marketing. "We are proud to launch our Made by Women platform and partner with Chiney Ogwumike, a multi-faceted trailblazer who is forging a path of her own while also uplifting others along the way. We will continue to leverage our platform and partnerships to support and champion women building their dreams."
Made by Women also kicks off today with new in-app features on DoorDash to highlight and support independent Women-owned businesses and entrepreneurs, making it easier for local customers to discover and support them. Women-owned businesses disproportionately feel the impacts of COVID-19. DoorDash considers this commitment to supporting Women-owned businesses an ongoing effort that demands action through its product, voice, and resources. Here's how:
Hundreds of Women-owned, independent restaurants across more than 40 US states have opted into Made by Women and are now searchable on DoorDash by keyword "Women owned", including local favorites like Nong's Khao Man Gai in Portland, Kismet in Los Angeles, Goddess and the Baker in Chicago, Fauzia's Heavenly Delights in NYC, and Glen's Garden Market in Washington, D.C.
Each merchant that is highlighted as a Women-owned business has provided approval to be featured through direct contact with our team. Restaurants interested in opting in can learn more here.* DoorDash will continue to add new restaurants and merchants in the coming months.
In an attempt to address systemic inequities by providing capacity-building resources such as capital, DoorDash will match loans for women-owned businesses through their partnership with Kiva, a global non-profit whose mission is to expand financial access. In 2020, DoorDash established a $150k revolving loan fund with Kiva and as of today, women-owned businesses will be eligible for loan matching from that fund (up to 5k per loan). Kiva provides 0% interest, crowdfunded loans to eligible business owners. Loans are provided and administered by Kiva subject to Kiva's Terms of Use.
To further encourage customers to support Women-owned businesses in their neighborhoods, DoorDash customers will see in-app Women-owned carousels in dozens of markets across the US, Canada, and Australia including New York City, Chicago, San Francisco, Los Angeles, Boston, Washington, D.C., Sacramento, Austin, Tampa, Detroit, Cleveland, Toronto, Montreal, Sydney, Brisbane, and Melbourne. Participating restaurants on the DoorDash platform are also identified by a banner on their store page.
Caviar customers will also see an in-app Women-Powered carousel with Pineapple Collaborative in select markets including Austin, Boston, New York, Chicago, SF, LA, Miami, and D.C.
Starting today, DoorDash will donate $1 per DoorDash and Caviar order** from a participating merchant that has opted into the Made by Women Platform, up to $100,000, to the James Beard Foundation's Women's Leadership Programs.
These efforts expand DoorDash's investments in supporting entrepreneurship and access for underrepresented businesses and builds upon DoorDash's $200M Main Street Strong fund, including the $2M Main Street Strong Accelerator, a new program providing financial support and specialized educational resources to women, immigrant and BIPOC-owned businesses. Through DoorDash's Community Credits program, they've also supported women's empowerment groups such as San Francisco Safe House, Sarah's Circle, and Girls for Gender Equity, and look forward to collaborating with more organizations supporting equality and advancement for women."
Your doing way better than I am. Won on the first trade. Stopped out even on the second. Will wait till the fluff is gone, than try again.
DASH... Wash, Rinse, Repeat...???
(500) at $175 bought Monday & 2 days later $216... $20,500 in 48 hrs...
Maytag man don't have it so bad !
GLTA
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DASH soon back to $225+ with this news + earnings in 2 weeks.
My 500 at $175 only 24hrs ago looking good already !
GLTA
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MARVELOUS!!
DASH confirms acquisition 2/8:
Nice news !!!
“4:22p ET 2/8/2021 - MarketWatch
UPDATE: DoorDash buys Chowbotics, maker of food-preparing robots
Mentioned: DASH
By Levi Sumagaysay
DoorDash Inc. has bought Chowbotics, a maker of food-preparing robots, as part of its effort to help merchants grow their businesses, the delivery-app company announced Monday.
The robots of Hayward, Calif.-based Chowbotics make customizable salads, grain and poke bowls, parfaits, cereals and snacks and can be found at grocery stores, hospitals and other locations. DoorDash is thinking the machines could be used to automate some food preparation at restaurants.
DoorDash isn't disclosing how much it paid for the company, which says on its LinkedIn profile that it has deployed more than 100 of its robots. The deal was completed late last year, a DoorDash spokeswoman said.
"Bringing Chowbotics' technology into the DoorDash platform gives us a new opportunity to help merchants expand their current menu offerings and reach new customers in new markets," said DoorDash co-founder Stanley Tang in a statement.
As the coronavirus pandemic has propelled delivery of food and other goods to record levels, DoorDash is the top food-delivery app in the U.S., with a 50% market share, according to Edison Trends.
See: The pandemic has more than doubled food-delivery apps' business (https://www.marketwatch.com/story/the-pandemic-has-more-than-doubled-americans-use-of-food-delivery-apps-but-that-doesnt-mean-the-companies-are-making-money-11606340169?mod=levi-sumagaysay_seemore)
Venture-backed Chowbotics has raised $20.8 million, according to Crunchbase, and was valued by PrivCo at $50 million to $100 million in 2018.
Rick Wilmer, chief executive of Chowbotics, said in a statement that the deal will allow his 7-year-old company to take advantage of DoorDash's lead in U.S. food delivery.
"DoorDash has the unparalleled reach and expertise to help us grow and deploy our technology more broadly, so together, we can make fresh, nutritious food easy for more people, Wilmer said.
DoorDash shares closed at $177.43, a 2.1% decline, on Monday. The company's stock is up more than 24% so far this year.
The company's acquisition of Chowbotics isn't its first foray into automation. In 2019, it bought Scotty Labs, which is working on technology to remotely operate vehicles. The fair value of that purchase was $5 million, according to a DoorDash filing with the Securities and Exchange Commission. “
GLTA
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