Boiler Room: The Official Stock Market Discussion

[Doomsday]

I'm a regular DD customer. If you have Dash Pass, there is no difference between ordering via the app or directly. In fact, I tested out the prices from restaurants via the app and direct, and saw little to no difference in all restaurant options. Burger Lounge sent me a card telling me if I enjoy their food buy it directly from them because they pay 30% to DD. It even said that I would save money if I purchased direct. I went on their site and-- yep, same price. At least with DD I can complain if they fukk up and get credits.

Morale of the story, Door Dash is king.

bookmark this convo for five years from now

Oh don't worry, we will find out sooner than you think.

Up 144% in a Tumultuous 2020? No Surprise for ARKG | ETF Trends

Man, if ARKG makes it to 100 I'm gong to be rolling in dough.

 

[dora_da_destroyer]

I'm a regular DD customer. If you have Dash Pass, there is no difference between ordering via the app or directly. In fact, I tested out the prices from restaurants via the app and direct, and saw little to no difference in all restaurant options. Burger Lounge sent me a card telling me if I enjoy their food buy it directly from them because they pay 30% to DD. It even said that I would save money if I purchased direct. I went on their site and-- yep, same price. At least with DD I can complain if they fukk up and get credits.

Morale of the story, Door Dash is king.



Oh don't worry, we will find out sooner than you think.



Man, if ARKG makes it to 100 I'm gong to be rolling in dough.

nah, we won't. no one is arguing this stock won't pop immediately/short term, it's a hot name and top of mind category, shyt will middling along by yr 3

 

[Serious]

DD burned a lot of cash, like Uber, to gain mkt share. Their fees have gone up substantially on both sides - customers and restaurants - it was in prep for the IPO, but also coincided with the pandemic where restaurants and consumers are putting up with the fees since it's what's making restaurant food viable. I don't see a normal world where owners keep giving up 20-30% order revenue, customers pay a $0.50-$2 markup on each item + service fee + delivery fee + tip...eventually they'll be pushback in the form of fees having to drop or utilization dropping

From a rational adult sure.

But from these kids using DD, nope.

Gen Z doesn't give a fukk. They care about convenience. My dumbass nephew will order from DD 2-3 times a day, because he doesn't like what's in the fridge. The working professional with kids, who doesn't have time to cook, after working all day is going to use DD regardless of price. I think there's a class issue in here as well.

I agree with restaurants currently tolerating DD, but thats the disruptive nature of change. The push back can happen, but the main value DD customers derives from is convenience, not price. So the businesses that are able to adapt will eat and gain market share. Everyone else who chooses to protest will take a hit, because they're forgetting about convenience.

I gotta finish reading their S-1 but their balance sheet isn't that bad. They currently have a close to 3 billion in assets to 1.5 billion in liabilities. Of that 3 billion in assets, 1 billion of it is straight up cash

S-1

FYI, I'm not really bullish on DD to cop it straight up, but I would cop an etf with them.

I think the stock will fly during IPO though.

 

[Doomsday]

nah, we won't. no one is arguing this stock won't pop immediately/short term, it's a hot name and top of mind category, shyt will middling along by yr 3

If by "middling" you mean at least 5x for the longs than I agree.

 

[DaddyFresh]

Shiiid. I expect it to take off like BYND did. You can go with your instincts though.

IMO, this has blue chip potential, this is the next TSLA. Even if it don't take off immediately, I expect it to be 250-500 in the next few years.

why are you so confident in them? Isn’t there like 5 other food delivery services? And a lot of people are not cool with paying 30 dollars for a burrito. And a lot of the time if the restaurants are busy they won’t even take any deliver service orders. And the food is always worse then if you went in

 

[Rickdogg44]

All In Gang!

The secret sauce to stocks is never have more than 3-4. Find a few stocks you believe them and hold them until you flip. Even if you're looking at holding one for a year or more, divide your total budget based on the stock you have the most faith in.

I only use my profits from flips to buy some ETFs until I get more experience. Not trying to give it back. No silk the shocker charging it to game for me

I've all in on TQQQ, PFE, TSLA, ALBERTSONS, and took after profit target/covered called away

 

[NaijaProdigy Redux]

Door Dash will do well in the short to mid term off retail trades and brand recognition if you want to make some money but I’m not bullish on that space or biz model at all.

 

[old pig]

ARKQ picked up WKHS...guess this ultimately spells good news...shyts kinda been in limbo for a minute

 

[chineebai]

UONE should benefit from a biden presidency.
Rh is a 1000 stock long term
Tsla should be 700 by q1 next year
Apps looks good, broke out a bull flag recently
Upwk looks good
Arct is a good covid vaccine play, been in since 30. They got 1 shot solution as opposed to 2.


There should be a general run up towards Christmas so any index etf is a safe bet I would go with udow

 

[NatiboyB]

ARKQ picked up WKHS...guess this ultimately spells good news...shyts kinda been in limbo for a minute

its seems like they already had wkhs im assuming they probaly picked up some more shares.

 

[Doomsday]

Door Dash will do well in the short to mid term off retail trades and brand recognition if you want to make some money but I’m not bullish on that space or biz model at all.

They said the same thing about TSLA. We shall see.

 

[mr. smoke weed]

Should we get into DoorDash ASAP

Or wait for a little dip to get in deeper? I'm seeing $85 as the IPO price

It'll be over $100 in less than a month. Look at Unity.

 

[mr. smoke weed]

Door Dash will do well in the short to mid term off retail trades and brand recognition if you want to make some money but I’m not bullish on that space or biz model at all.

Why?

DoorDash is the Apple/Google/Tesla blah blah in that market

 

[NatiboyB]

Why?

DoorDash is the Apple/Google/Tesla blah blah in that market

I thought Uber Eats was more popular plus it also has the self taxi service is door dash really the favorite or is it room for more than one?

 

[old pig]

its seems like they already had wkhs im assuming they probaly picked up some more shares.

ya you’re probably right...maybe I just noticed it/paid more attention to it today cuz of the recent news of another delay from USPS