Tuesday, May 07, 2019 4:56:08 PM
Compensated Awareness Post View
Disclaimer
Once bitten twice shy, Investment disaster for many.
LYFT losses a lot of money, it is expected to lose anywhere from between $4.85 - $2.49 per share this quarter, we can not justify any involvement in this stock it is a pure gamble. Uber's IPO will surely have a negative effect on the price also, if not then the market has lost its mind. To invest in LYFT, you are investing in a company that is no where near, or have any intentions of producing a profit for many years to come. We would much prefer to burn our own cash than let someone else do it. We may be very wrong and Biased but good people lost a lot of money getting caught up in this IPO and to the benefit of the wealthier.
LYFT losses a lot of money, it is expected to lose anywhere from between $4.85 - $2.49 per share this quarter, we can not justify any involvement in this stock it is a pure gamble. Uber's IPO will surely have a negative effect on the price also, if not then the market has lost its mind. To invest in LYFT, you are investing in a company that is no where near, or have any intentions of producing a profit for many years to come. We would much prefer to burn our own cash than let someone else do it. We may be very wrong and Biased but good people lost a lot of money getting caught up in this IPO and to the benefit of the wealthier.
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