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I think UBER has the potential to be a monster. I’m in Canada but just noticed a lot of the big stores are on there now, I don’t even have to leave my house. This is fantastic.
Or you could literally get 20 errands done at the same time.. travel to one yourself and have a bunch of drivers pick everything else up for you and drop it at your house all in the same time frame.
I’m all for this.
what is the logic to owning UBER shares over $45 perhaps that is the better question
i see $30s on the horizon
Yep saw that about 45 million shares to be sold by Softbank doesn't look good.
I am out right now will consider reentering sometime in the future once the dust settled.
LOL!!!!!!!!!!!!!!!!!!!! NOPE! UBER doesnt make any money
Agreed- the reopening of economy is now a distant memory plus high demand for car ownership right now & covid concerns are the reasons why I would also wait to own this .
this stock shouldn't be worth more than $30
I bet Long term investors can’t be happy after what had been a solid year to date performance for their Uber shares.
$UBER SoftBank Group Plans to Sell Some of Its Uber Shares
Down she goes again
DIDI Global
I have 2 issues.
I have already loaded my boat on DIDI stock.
BUT I smell an opportunity. I have suggested to my newsletter subscribers to open a limit order for Tuesday morning at $14.20.
I want to add to my position Tuesday morning.
This will "blow over."
i got UBER at $18-$25 last year. that was fair value ;)
I picked up a few hundred shares at $15 for a "flyer."
i wont invest in anything tied to China that closely.
i think UBER's business model is flawed. I only traded it last year and very early this year. sold into strength. no way does this money vacuum deserves a market cap anywhere near $100B
i know a few people who drive for UBER and they can't wait to quit
Remember this is an ADR. One share equals 1/4 of a share.
UBER--higher share count, higher liabilities, less assets. not great
over 200 IPO's in 2021. just more classic signs of an equity bubble.
DIDI already off $2 from it's open
no thanks
UBER- should be trading in the $30s not the $50s
What time does DIDI come out? EST
another red day for UBER
no insider buys, just insider sells
https://finviz.com/quote.ashx?t=uber#statements
UBER's share count has risen by 164,000,000 shares in 2 years as well
this company is a joke
Total Assets went down and Total Liabilities ROSE!!!!
https://finviz.com/quote.ashx?t=uber#statements
UBER has to sell of its self-driving unit to cook the books
Uber reported first-quarter results after the bell Wednesday. Overall, Uber's net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter. The company said its net loss benefited this quarter from a $1.6 billion gain from the divestiture of its self-driving unit, ATG.May 5, 2021
already traded this multiple time last year. paying $50 or more is overpaying. learn how to trade.
lot of people quitting Uber as well, they are tired of the job and sitting on their asses getting fat all day
I'm not saying that your grade school grammar isn't civil, but acting like you're out at recess calling people names isn't civil, nor is it bolstering your "I know it all" attitude, since your IH career would portend your pennystock mindset.
Now, by all means, have the last word since it seems ecumenical to your grandstanding against UBER.
Enjoy your Sunday =)
Now now, let's be civil shall we?
It won't hit $100 overnight, so there's still time to embrace reality and make a,snoot-full of cash with UBER.
I'd encourage you to go short however. (Perhaps not in your pinkie wheelhouse, but there are still calls and puts you could utilize[may want to read up on that however])
Let's just say for sake of argument that you're short @$50, and I'm long @$50, and we'll see who understands basic economics, charts, disruption due to Covid, and all that fun stuff, mmk?
Cheers my new friend!
Stick with the pinkies in your wheelhouse and leave actual trading to those whom understand how these things work
Don't forget to come on by after it hits a paltry $100 PPS and explain Pinksheet investing =)
UBER has over 1.8 billion shares outstanding!!! you think its market cap is going to go from $95 billion to $200 billion? LOL LOL LOL
https://finviz.com/quote.ashx?t=uber
Overall, Uber lost $968 million on a GAAP basis during the quarter, an improvement from a year ago when losses amounted to $1.1 billion. For all of 2020, Uber's net losses amounted to $6.77 billion, around a 20% improvement from a staggering $8.51 billion loss in 2019.Feb 10, 2021
Economics are difficult to understand when one spends their time promoting Pink Sheet crap.
Like I said, this isn't some otc fecalith.
Without a doubt, considering the Covid crises, and that this company is tied to transportation, the past 15-18 months should have been a death knell, instead UBER was somewhat able to shore up the bottom line via Uber Eats among a few other things.
Now that the US is tentatively heading away from this recession, the flood gates will open wide.
I've little doubt that UBER would be somewhere ~$200 if Covid never happened.
Let's us know when you decide to buy in, okay?
Cheers =)
$100? lol so you think UBER's market cap is going to double in a rising inflation and rising rate environment?
if UBER's market cap couldn't double already in this environment, good luck.
LOL LOL LOL
have fun waiting
Good news, it's in the $50s now so there's still time to get into this paradigm-shifting company before it hits $100.
Don't think it will? This is a big boy/girl company & stock, on an actual exchange.
This isn't the otc Charlie.
Better luck with your trading technique there I'm afraid..
Ya, I got out of it. I realize that this is just anecdotal evidence, but if drivers are cherry picking their fares. That's not good. I dumped it.
Uber's business model is flawed. I am amazed the stock is still in the $40 range
I sold all my Uber. Where we are it's very difficult to get Uber drivers to take you some places. I think it may be indicative of larger labor problems
$48 is a long way away from your $80 price target. lol
what happened?
UBER still $32 away from your $80 price target and ride sharing is worse now than pre-covid. LOL
how many billions will they lose this quarter? next quarter?
if they cant make money this summer, OUCH
rising rates and inflation will cap the growth of this company for a while
hows that $80 price target coming along? LOL!!!!!!!!!!!!!
UBER has almost two billion shares the other stocks you mentioned have a fraction of the shares CMG has only 28 million outstanding AMD has 1.2 billion and Both make money and are growing faster.UBER makes no profit and if and when they do it will be peanuts.So if you multiply Ubers 1.8 billion shares times your $1000 price per shares it would value uber a 1.8 trillion dollars the better start doing something more rides and deliveries LOL.
LONG Uber. Don't understand why this is not trading much higher, my target is $1000+. It's an essential company that everybody uses. Masks are coming off more and more, people are coming out of their basements. Where were stocks like Chipotle or AMD trading 5 years ago? Am I crazy or is this awesome potential at current levels??
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