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Investors preparing to cash out after Uber IPO. Even have a fitting celebrity endorsement.

Bob Reynolds

Well-Known Member

TheDevilisaParttimer

Well-Known Member
  • Thread Starter Thread Starter
  • #3
His timing is suspect too. Him coming out at the very end of 2018, to say how is investment in Uber saved his family. Mere months before Uber’s IPO. Pump and dump
 

goneubering

Well-Known Member
His timing is suspect too. Him coming out at the very end of 2018, to say how is investment in Uber saved his family. Mere months before Uber’s IPO. Pump and dump
If it’s true it’s true. The problem is his cost per share was low. I don’t see the relevance today. His good name was lost long ago so how many people will follow his advice today?
 

TheDevilisaParttimer

Well-Known Member
  • Thread Starter Thread Starter
  • #5
If it’s true it’s true. The problem is his cost per share was low. I don’t see the relevance today. His good name was lost long ago so how many people will follow his advice today?
He is a highly known figure that would have lost everything if not for his smart investment in Uber a few years ago.

At least that’s the narrative the article is aiming at. It doesn’t give his ROI, or any relevant investing advice for the company. It’s a celebrity testimonial. Like a bow flex commercial starring Hulk Hogan.
 

Lowestformofwit

Well-Known Member
Cash for comments?
Or looking like LA might be back on the "Persian Rugs" again.
Hallucinogens this time?
General Rule: Beware of endorsements from retired/fading/shamed high-profile sports people.
 

Bubsie

Well-Known Member
"Armstrong declined to say how much his investment has turned into, but said the number is "too good to be true.""

Article is accurate.
 
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