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Uber reminds me of Amazon a decade ago when people were questioning their low profits.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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If I just faded every single choice I have made in the last 2 weeks I would probably be a millionaire. Dont expect AAPL to be up for another 3 or 4 months because I just added 10 shares.
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2002 from it's inception of the 2 funds a month til the most recent email - so 1/25/2021
Early on they had COST at $42, Ebay $5.73, DIS $21.98, AMZN $16.51, NVDA $7.07, NFLX $4, APPL $5.56 etc
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Yeah man, good call. I got to my computer late and played it lazy. I guess I am LONG this one as well. SMH.
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Uber will dominate marketshare regardless. If they get big enough any potential incoming regulations could even help them more than hurt. Taxis have killed themselves in many ways. Ride sharing isn’t going anywhere. I think they’ll figure out profitability. Not saying they aren’t overvalued now. But they aren’t going anywhere.
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$246k total investment doesn’t add up based on 2k/month over that time.
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So how do Uber and TSLA's current valuation coexist? My thought of the future is autonomous TSLAs driving me where I want to go.
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Also, did they hold all the positions from every month or move any around?
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That’s the future for sure but that’s a loooooong way away and Tesla won’t be the only game in town with the technology at that point. I don’t like Tesla at all. They needed more infrastructure investment years ago to dominate that industry longterm.
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You could just take the L if you're not a believer. SSR got turned on so they'll have to run it at some point and you could exit into some strength. Best of luck.
Cathie talks about drone delivery services being a huge opportunity. I imagine UBER and DASH will be at the forefront there for food delivery. If they aren't both CEOs should be fired. I like UBER as a play on that and a competitor to EXPC for eVTOLs if they decide to enter that market. The beauty here is they are the platform, but they have some issues as well. They should probably just buy Blade and get it out of the way.
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Ocugen is going crazy right now.
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INO looks ****ed if these lows get taken out today
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Agreed - creator of the sheet stated the same, maybe skewed data as all the stocks were public data directly from there site. But if you only take the most recent stocks ~3-4 years of data it does beat VTSAX by a wide margin as well. Not big into MF but found it interesting.
All it was - taking the stocks announced by MF a day after at the current rate with $1000 - fractional shares allowed and seeing the amount with today's prices - just holding it all. No selling, etc.
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Paper hands Portnoy sold his memes for -700k
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Yes- but it’s never too late!!
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GME barely holding on to $100... if it breaks below it could be the end
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Wait... it’s still too close to call?
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The lesson learned from these last two weeks is to never bet against the establishment. Ever.
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It's people that bought GME when it was $350+. Man....
antidope
Supporter
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I feel it. To me it feels like what Netflix was at the onset. Their only real concern is Tesla at this point, Lyft to me is done. Their business segment is ix still 100% rideshare as of the last time I checked. That's ridiculous. If it starts to trade flatish I will look to exist some but the expansion of their business model just makes it feel like a no-brainer to me. From a top-down perspective. Soon they will have a footprint in everything that involves a vehicle.
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I wouldn’t say that. Plenty of hedges lost and the Redditors that conceived the trade won. Telling people it’s going to $1000 and selling at $400 is classic p&d tactics. The only lessen here is never get into a short term play late.
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Had a homie that bought 4 shares at $225 yesterday. He bought more at $130.... now it’s at $90
Dude just regurgitates propaganda from WSB in our group chat. It’s quite funny at this point. Don’t wish on any man to lose money but according to him it’s “money he can afford to lose” and he won’t listen to reason.
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Indeed. If it already ran up and you missed out, let it go. Where is Frankenstein at with his INO play?
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Sold all out of amc yesterday. Only lost a few hundred. Definitely got caught up in the hype 
Sold some $snow and $u this morning.
Moved the profits to $nvda. Might cop a $nvda leap today too. I got a good feeling about this this year.
Sold some $snow and $u this morning.
Moved the profits to $nvda. Might cop a $nvda leap today too. I got a good feeling about this this year.
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