Boiler Room: The Official Stock Market Discussion

[dora_da_destroyer]

see some saying to jump in a buy uber now...but then these fools just got kicked out of london, not sure how long that affects the price, but i'm kinda wanting to take a swing on them but i simply don't trust them to reach profitability over the next 3-4 years, especially not if most states pressure them on employment status of drivers, insurance, and compliance

 

[Wiseborn]

see some saying to jump in a buy uber now...but then these fools just got kicked out of london, not sure how long that affects the price, but i'm kinda wanting to take a swing on them but i simply don't trust them to reach profitability over the next 3-4 years, especially not if most states pressure them on employment status of drivers, insurance, and compliance

Although Uber could have some growth in the developing world there's tons of other ride hailing apps. I don't think that Uber is a strong buy in my opinion

 

[ahomeplateslugger]

see some saying to jump in a buy uber now...but then these fools just got kicked out of london, not sure how long that affects the price, but i'm kinda wanting to take a swing on them but i simply don't trust them to reach profitability over the next 3-4 years, especially not if most states pressure them on employment status of drivers, insurance, and compliance

You wanna take a swing yet think they won't be profitable for another 3-4 years? the CEO even said it'll take a couple of years to reach profitability. Take your money elsewhere and reconsider in two years.

This thread is long as hell but what charts do y'all use? I use WeBull on the desk top but I heard that TD ameritrade's charts and research is good too.

My Roth is in TD Ameritrade and they have great tools. I've only used vanguard and Robinhood to compare but it's way ahead of both. It's one of my go to sites for reading charts and getting technicals for a company.

 

[dora_da_destroyer]

You wanna take a swing yet think they won't be profitable for another 3-4 years? the CEO even said it'll take a couple of years to reach profitability. Take your money elsewhere and reconsider in two years.



My Roth is in TD Ameritrade and they have great tools. I've only used vanguard and Robinhood to compare but it's way ahead of both. It's one of my go to sites for reading charts and getting technicals for a company.

I’m a buy and hold person. Any money I put in I’m not looking to flip quickly. That said, I don’t know that I even trust them with a 5 year horizon, but part of of me is also saying take the bet...

It would be pointless to buy in 2-3 years if they do well and surge, thus the conflict now. Stock market is a gamble, sometimes your gotta go big or go home

 

[ahomeplateslugger]

I’m a buy and hold person. Any money I put in I’m not looking to flip quickly. That said, I don’t know that I even trust them with a 5 year horizon, but part of of me is also saying take the bet...

It would be pointless to buy in 2-3 years if they do well and surge, thus the conflict now. Stock market is a gamble, sometimes your gotta go big or go home

buying and holding is fine but you should be more tactful about it. they just lost their london license and good chance uber eats profits will take a hit in the future. maybe CA will pass the contractor law and the stock drops more. i'm just saying to wait in 2-3 years because that's when the ceo said they'll be profitable and if they don't then the stock will drop more. if their earnings and guidance gets better then buy. if you plan to hold for the long haul then you'll still make good money if you get on the train a little late. no need to catch a falling knife.

just my .02. i don't like investing in companies that don't make money but you do you.

 

[Futuristic Eskimo]

For those watching CHK, just got an upgrade from Scotiabank today.

 

[winb83]

buying and holding is fine but you should be more tactful about it. they just lost their london license and good chance uber eats profits will take a hit in the future. maybe CA will pass the contractor law and the stock drops more. i'm just saying to wait in 2-3 years because that's when the ceo said they'll be profitable and if they don't then the stock will drop more. if their earnings and guidance gets better then buy. if you plan to hold for the long haul then you'll still make good money if you get on the train a little late. no need to catch a falling knife.

just my .02. i don't like investing in companies that don't make money but you do you.

I buy Uber at about $25-$27 now. Under $27 and closer to $25.90. When it hits those levels I but a couple handful of shares.

I don't know if I fully trust Uber yet. I had closer to 50 shares when it was in the low 40s and sold out when it got into high 30s and waited till the lockup period ended to buy back in.

Long term I partially think Uber might be too big to completely fail. All they need to do is find a way to get rid of or merge with Lyft. Uber's ride sharing business is already profitable before ebidt. It's Uber Eats that's killing them but it will require them to burn money until the other players in the space bow out.

 

[analog]

For those watching CHK, just got an upgrade from Scotiabank today.

59 cents a share, 2B in revenue last quarter...

What's the story on this company?

 

[Secure Da Bag]

59 cents a share, 2B in revenue last quarter...

How much of that revenue was profit? They must be burning through money in a worrying way.

 

[analog]

How much of that revenue was profit? They must be burning through money in a worrying way.

I got an appetite for risk (hell, I'm trying to ride that Luckin coffee speculative wave) but this shyt right here has me

EDIT:
Possible conflicts of interest by Ex-CEO Aubrey McClendon[edit]

• McClendon nominated several of his friends, including long time childhood friends, to the board of the company and made them the highest-paid directors in the petroleum industry. In return, the board made McClendon the highest paid CEO of any company in the S&P 500 Index, awarding him a salary of $112 million.[36]
• McClendon had the company develop a shopping center near the company's headquarters and lease space to restaurants part-owned by McClendon. The company used these restaurants for millions of dollars worth of catering business.[36]
• McClendon and his family frequently used business jets owned by the company for personal reasons. McClendon has stated that this was allowed per his employment agreement.[36]
• When McClendon needed money, he convinced the board to have the company purchase his collection of rare maps hanging in the company's offices for $12 million.[36]
• An entire department at the company, known as "AKM Operations" was dedicated to working on personal projects of McClendon, including having his house fixed after a hail storm.[37]
• The company signed an agreement to pay $3 million per year for the naming and branding rights to the Chesapeake Energy Arena, where the Oklahoma City Thunder play. The company also committed to buy $3 million worth of tickets per year. McClendon owned a 19% interest in the team.[37]
• Since McClendon was a history major and loved history, he hired a company historian, who was paid a salary of over $100,000 per year.[37] He also hired the World's Strongest Man, who also received a salary of over $100,000 per year, to promote exercise among company staff.[37]
• Through the Founders Well Participation Program, McClendon was able to purchase a 2.5% interest in every well the company drills. McClendon borrowed as much as $1.1 billion against his 2.5% stake in thousands of company wells from banks that were also lenders to the company.[38] After this potential conflict was made public, the company terminated the Founders Well Participation Program.[39] The U.S. Securities and Exchange Commission opened an informal inquiry of McClendon's borrowing practices.[40] However, no enforcement action was taken.[41]

 

[Futuristic Eskimo]

59 cents a share, 2B in revenue last quarter...

What's the story on this company?

There was talk in the thread on this a page back. People interested in this as it's being priced for bankruptcy but it's become an interesting speculative value trade. An asset sale that is accretive to it's leverage ratio would ease concerns quickly.

I tend to avoid this kind of garbage but am following this one...

 

[ViShawn]

Who's holding Alibaba? Thank you Based BABA.

 

[Wiseborn]

Who's holding Alibaba? Thank you Based BABA.

I see they made money but I'm not buying Chinese stocks

 

[N.J.stan]

Who's holding Alibaba? Thank you Based BABA.

BABA

 

[88m3]

Bloomberg
·
Warning.


About this website

BLOOMBERG.COM

Half the World’s Banks Are Too Weak to Survive a Downturn, McKinsey Says
It urged firms to take steps such as developing technology, farming out operations and bulking up through mergers.