Boiler Room: The Official Stock Market Discussion

Pimp

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Will Uber recover from this? If it last til summer like Trumpa said how can they stay around with all the loss?
 
winb83

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Goldz-n-hoez said:
Will Uber recover from this? If it last til summer like Trumpa said how can they stay around with all the loss?
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Uber has about $10 billion in cash available to them. At their peek they were losing a billion or so a quarter. Being generous they could probably make it a year and a half. Maybe just a bit over a year.
 
dora_da_destroyer

dora_da_destroyer

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Goldz-n-hoez said:
Will Uber recover from this? If it last til summer like Trumpa said how can they stay around with all the loss?
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Even before this, the bet on Uber was autonomous driving and how that could transform their other services (freight, eats) etc.

I’m gonna cop some for the long haul if/when it hits ~15.


Unrelated coupa just gained 20 back this morning :sadcam: that stock won’t ever stay down for long
 
NaijaProdigy Redux

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winb83 said:
In all honesty Boeing has about as much real cash as Uber. I think I might stay away from them. They'll be cutting their dividend as they don't really have a choice so they're gonna fall even more.
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Yeah. Im not touching Boeing for a while (airlines deferring / cutting orders and its pre-existing) and I wouldn't be surprised if they suspend their dividend.
 
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