Uber Technologies Inc (UBER)

[Benwahsauce]

Why would it squeeze? All those investors that bought in pre IPO are selling their shares now. Some will sell their entire portfolio from the start just to buy back in when it hits its low. Those same companies will also short the shit to hell and sell and write puts to make the maximum then cover and buy back in with same plan in mind.

Why do you think they make the big money? They have different “departments” or other “friends” that make the wheels go round. Heck I know if I had opportunity to get into series A funding or pre VC/PE funding I would have jumped on it as I would be selling shares like hot cakes since I would have pretty much all profits from here on out. Right now it’s a game of cutthroat but a slow bleeder