Tug life
I stay fly like a guillemot
A close below 2790 on the S&P would signal an official reversal on the Fibonacci 2650 would be the next stop down and we'll trade between the two. Right now we are testing the support level
It's a good trade buy the rumor sell the news but I personally don't know about long term. Delivery services aren't profitable thus the reason for consolidation in the space. Im long uber though but I'm not sure about starting a new position long term at these prices.Uber is discussing a takeover deal with Grubhub for roughly $6 billion: report
So what’s the play here?
Which one?It's a good trade buy the rumor sell the news but I personally don't know about long term. Delivery services aren't profitable thus the reason for consolidation in the space. Im long uber though but I'm not sure about starting a new position long term at these prices.
What about may 19thMay 19th
Grub showed the biggest gain put of the two when news hit. They're trying to get 2 1/2 shares of Uber for 1 Grub share but Uber wasn't with it. It'll probably be a $56-$66 range. Don't see Uber popping as much but it can thoughWhich one?
Almost hit my day trading limit fukking with them butPlaying with TVIX today erased all of my losses from the last week
Almost hit my day trading limit fukking with them but