I.P.O. On second thought?

Michael1230nj

Well-Known Member
Uber did 5 Billion more trips then last year. 10 Billion in all. If they were to raise fares 1 Dollar that would increase revenue by 10 Billion Dollars! The customers are going to get increased that’s for sure. Will Uber be successful? Is the Stock a good investment?
 

atthehop

Well-Known Member
Uber did 5 Billion more trips then last year. 10 Billion in all. If they were to raise fares 1 Dollar that would increase revenue by 10 Billion Dollars! The customers are going to get increased that’s for sure. Will Uber be successful? Is the Stock a good investment?
Yes I spent my first million I made from FUBER on their stock and working on my second million to buy more.
 

1974toyota

Well-Known Member
Uber did 5 Billion more trips then last year. 10 Billion in all. If they were to raise fares 1 Dollar that would increase revenue by 10 Billion Dollars! The customers are going to get increased that’s for sure. Will Uber be successful? Is the Stock a good investment?
Lyft opend as high as $88.60 in firs 2 minutes of trading on IPO day, its now trading around $57ish? thats a $30 drop in 2 weeks, As far as Uber Stock IPO? Use the price action on LYFT stock as your road map for what will happen to UBER stock price? JMO
 

UberwhoIaM

Well-Known Member
Lyft opend as high as $88.60 in firs 2 minutes of trading on IPO day, its now trading around $57ish? thats a $30 drop in 2 weeks, As far as Uber Stock IPO? Use the price action on LYFT stock as your road map for what will happen to UBER stock price? JMO
I disagree.... as much as people want to say U&L are the same they clearly are 2 different companies...as much as I deplore Uber they are one of the reasons Lyfts stock plummeted the Thursday Uber announced its successful filing with the NYSE.... I don't know what will happen but my educated guess would be Uber's stock outperforms Lyft's in the long run. Would I invest in either??? HELL NO!!!!!!
 

Alexmaywood

Active Member
Lyft opend as high as $88.60 in firs 2 minutes of trading on IPO day, its now trading around $57ish? thats a $30 drop in 2 weeks, As far as Uber Stock IPO? Use the price action on LYFT stock as your road map for what will happen to UBER stock price? JMO
Uber is global, Lyft only local
 

Michael1230nj

Well-Known Member
  • Thread Starter Thread Starter
  • #8
10 Billion trips! You can do a lot of damage with those kind of numbers. And we all know only too well Uber will rip the face off Passengers just like Drivers.
 
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