Replies to post #299 on Uber Technologies Inc (UBER)

[Benwahsauce]

Tomorrow is “usually” the tell tale day. Be watching closely. I still stand by my statement granted, I have no problem jumping ship if they will prop the bid and push it higher. I’d just cover then hit it at the breakout point depending on what the stock looks like on Lvl2

I can also see investors saying “how is Uber cheaper than Lyft?”
And Lyft should have known better...their ipo price was too unattractive. Some may think 42 is viable for Uber and Lyft should be cheaper than where it’s currently at.
And I personally think they are both seeing the PE/VC investors selling shares and churning while they dilute it.