I am loading up on it.
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UBER
In reply to Darkness
too late?
In reply to Darkness
what's the tickle?
where do you see it going
Uber will be worth 10x its IPO in 2030.
The big money for UBER is in freight
And how other freight companies will be able to use the platform for the movement of goods and materials as Amazon is being used for sales and retail..
In reply to Darkness
freight is an interesting angle...can Uber compete with established haulers?
In reply to doosra
Of course...I also think that many established freight companies will use Uber to off load logistics infrastcture costs and to also work around trade unions.
In reply to Darkness
I dont know about UBER, I bought a couple hundred shares about a year ago and its been down about 30% since. Been tempted to sell on several occasions, but have so far resist pulling the trigger.
In reply to birdseye
You need to have your reason for buying and your target buying and selling price before you buy..
I am not a trader.. am more an investor
In reply to birdseye
what is playing on your mind?
the 30% loss or the chance for a big haul
In reply to Darkness
In reply to doosra
a big haul
In reply to birdseye
well according to Darkness
Uber is expected to do some big hauling soon
freight baby, freight
In reply to doosra
Yeah but he se by 2030 I want to get rich much before then
In reply to Darkness
Actually, I've made $thousands off of puts on BOTH Uber and Lyft all phrikken year. Agreed, long term, the freight business may be good for them but currently, their short term outlook is not good.
The company is mismanaged, they spend too much money, business processes are wack and they have a ways to go before turning the company around. Let's hope you are at least 1/2 right.
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