Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

I can see a scenario where Tesla is the most valuable company in the US in the next 5-10 years. Amazon started selling books and for the longest time the valuation was seen as crazy. Cars is a better starting point than books and this is a similar bet on musk's vision as we had on Bezos.

Still think think this goes lower as retail should get flushed out and I can see them doing an equity raise soon at this valuation to solidify the balance sheet. I missed the run but I would look to get in there.

 

[winb83]

Uber

I'm rushing to grow my position more before it takes off.

 

[CrimsonTider]

Uber (UBER) reported better than expected sales for its fiscal fourth quarter and a narrower than expected quarterly loss as the newly public company continued to grow its core businesses and cut down on costs.

Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg:

• Gross bookings: $18.13 billion vs. $18.3 billion expected
  
  
• Adjusted net revenue: $3.74 billion vs. $3.7 billion expected
  
  
• Loss per share: 64 vs. 65 cents expected
  
  
• Adjusted EBITDA loss per share: $615 million vs. $712.9 million expected

Gross bookings, which include the total value of ride-hailing and food delivery orders placed on the app, grew 28% over last year. This included a 20% rise in Rides gross bookings and 73% increase in Eats gross bookings, about matching the prior quarter’s pace of gains in its food delivery business.

Uber also made strides in cutting down overall costs, with its adjusted loss totaling $613 million in the last three months of the year versus the $817 million loss in the year-ago quarter, including interest, tax and other expenses.

“We recognize that the era of growth at all costs is over,” Uber CEO Dara Khosrowshahi said in a statement. “In a world where investors increasingly demand not just growth, but profitable growth, we are well-positioned to win through continuous innovation, excellent execution, and the unrivaled scale of our global platform.”

Yahoo is now part of Verizon Media

Uber

I'm rushing to grow my position more before it takes off.

instead losing 68 cents a share as predicted they lost 64 cents a share?

Uber is still overvalued

 

[winb83]

instead losing 68 cents a share as predicted they lost 64 cents a share?

Uber is still overvalued

Uber’s ridesharing business is already profitable.

The issue is Eats, Freight, and the other aspects of their business isn’t profitable and lose money. Those parts are rapidly growing though.

5-10 years from now people will be looking back on Uber and remembering when shares were $26-$40 a share and kicking themselves for not buying when it was that cheap.

 

[CrimsonTider]

Uber’s ridesharing business is already profitable.

The issue is Eats, Freight, and the other aspects of their business isn’t profitable and lose money. Those parts are rapidly growing though.

5-10 years from now people will be looking back on Uber and remembering when shares were $26-$40 a share and kicking themselves for not buying when it was that cheap.

Show me where you see that there ridesharing is profitable?

 

[Futuristic Eskimo]

Qualcomm 81 weekly puts for next week are dirt cheap for a Corona virus hedge

 

[winb83]

Show me where you see that there ridesharing is profitable?

Uber Technologies, Inc. - Uber Announces Results for Fourth Quarter and Full Year 2019

 

[CrimsonTider]

Uber Technologies, Inc. - Uber Announces Results for Fourth Quarter and Full Year 2019

This is funny math. First EBITDA is nonsense

second you can’t say they made 195 mill and exclude support services( corporate G&A and R&D ) 568 million in expenses

they fired damn near all their engineers this year and still have that much non op expense. That’s probably as lean as they can get

 

[NkrumahWasRight Is Wrong]

Uber is movin

 

[FreshFromATL]

Any brokers allow instant funding and access to the money for trading like Robinhood?

I just set up a Merril Edge account only to realize it takes 3-5 days to deposit money from a bank account outside of BOA

 

[winb83]

This is funny math. First EBITDA is nonsense

second you can’t say they made 195 mill and exclude support services( corporate G&A and R&D ) 568 million in expenses

they fired damn near all their engineers this year and still have that much non op expense. That’s probably as lean as they can get

I'll take that chance. As long as it's under the IPO price I plan to buy weekly.

 

[NkrumahWasRight Is Wrong]

MYGN ceo shakeup

ADRO doing really well today

My small portfolio is basically all biotech and precious metals plus uber

 

[the cac mamba]

Any brokers allow instant funding and access to the money for trading like Robinhood?

I just set up a Merril Edge account only to realize it takes 3-5 days to deposit money from a bank account outside of BOA

fidelity. i hit transfer from my bank and i can trade that money the next second

fidelity is really a GOAT level product tbh, the index funds are dope, everything about using it is dope

 

[Futuristic Eskimo]

Qualcomm 81 weekly puts for next week are dirt cheap for a Corona virus hedge

I'm a early week selloff away from being a wealthy man.

Do I want more communists to die so that I can consume more goods like a good capitalist?

 

[winb83]

Uber has enough on hand cash and investments to continue burning money at their going rate for almost 3 years. If they believe they can be profitable at the end of this one I want in.