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Uber Joins Lyft in Race to Tap Investors

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Re: Uber Joins Lyft in Race to Tap Investors

#71

Post by cinquemb »

kerng wrote: post #66
cinquemb wrote: post #62

Earlier quoted context omitted.

Agreed. FAANGMAN is down 22.4% from ATH, and probably in much better shape than Lyft or Uber. I'm probably going to wait for a pop in both prices of these (if they manage to go IPO anytime soon) and then short.

Facebook is down for obvious reasons. Apple struggles with sales and innovation. Amazon just made no sense to be rising like that. Some of the others have done fairly well in the recent shake up, like Microsoft for instance.

Microsoft is by far, the cleanest dirty shirt of those. Netflix, Google (Alphabet), AMD, Nvidia… yeah, no.

Re: Uber Joins Lyft in Race to Tap Investors

#72

Post by wbl »

pmart123 wrote: post #47
wbl wrote: post #22

Earlier quoted context omitted.

Active vs. Passive over the 20th century shows that active management doesn't work for the customer.

That actually is factually misleading. Active has greatly outperformed in foreign securities net of fees: https://www.ft.com/content/d93100ca-acf4-11e6-9cb3-bb8207902... In domestic markets, active management has not out-performed net of fees, but there are bad people in every profession: https://www.nb.com/pages/public/global/insights/the-overlook... You also have to remember these statistics only look at mutual fun…

You linked me to a study that eliminated the bottom quarter retrospectively. I too can make money if you let me ignore all my losing trades.

Re: Uber Joins Lyft in Race to Tap Investors

#73

Post by erikpukinskis »

cinquemb wrote: post #62
strict9 wrote: post #13

Earlier quoted context omitted.

Definitely fear driven. Recently we've seen the biggest sustained downward drops in five years for tech stocks, I think beginning the process now is just too late.

Agreed. FAANGMAN is down 22.4% from ATH, and probably in much better shape than Lyft or Uber. I'm probably going to wait for a pop in both prices of these (if they manage to go IPO anytime soon) and then short.

What’s the AN at the end?

Re: Uber Joins Lyft in Race to Tap Investors

#74

Post by lawrenceyan »

googlemike wrote: post #52

For those saying this IPO is happening now due to market slowdown, Uber's CEO has been speaking of a 2019 IPO for a while[1]. I am not an investment banker, to me this seems far more pre-planned than a last minute rush before a heavy correction, no? For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market? [1] https://…

They rushed the IPO date from 2020 to 2019. That should definitely make you think.

Re: Uber Joins Lyft in Race to Tap Investors

#75

Post by wolco »

googlemike wrote: post #52

For those saying this IPO is happening now due to market slowdown, Uber's CEO has been speaking of a 2019 IPO for a while[1]. I am not an investment banker, to me this seems far more pre-planned than a last minute rush before a heavy correction, no? For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market? [1] https://…

The news story is happening because of yesterday's news

Re: Uber Joins Lyft in Race to Tap Investors

#76

Post by pfarnsworth »

lawrenceyan wrote: post #74
googlemike wrote: post #52

For those saying this IPO is happening now due to market slowdown, Uber's CEO has been speaking of a 2019 IPO for a while[1]. I am not an investment banker, to me this seems far more pre-planned than a last minute rush before a heavy correction, no? For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market? [1] https://…

They rushed the IPO date from 2020 to 2019. That should definitely make you think.

No they didn't. Ever since the new CEO joined, he said 2019.

Re: Uber Joins Lyft in Race to Tap Investors

#77

Post by tryptophan »

googlemike wrote: post #52

For those saying this IPO is happening now due to market slowdown, Uber's CEO has been speaking of a 2019 IPO for a while[1]. I am not an investment banker, to me this seems far more pre-planned than a last minute rush before a heavy correction, no? For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market? [1] https://…

>For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market?

Planning to avoid a recession is impossible, so I guess a few days? Financial news is primarily written to generate clicks, and nothing does that better than fear. Remember that.

These conspiracy theories that they have some inside knowledge about a correction and are trying to get ahead of it happening need to stop.

The problem is that Uber is probably over-valued, and they want to get in before Lyft which has a much lower (and more reasonable) valuation to hopefully capture some of the market's ride-sharing euphoria before lyft takes and dissipates it all, forcing uber to take a lower valuation and make their investors unhapy.

Re: Uber Joins Lyft in Race to Tap Investors

#79

Post by arcticbull »

erikpukinskis wrote: post #73
cinquemb wrote: post #62

Earlier quoted context omitted.

Agreed. FAANGMAN is down 22.4% from ATH, and probably in much better shape than Lyft or Uber. I'm probably going to wait for a pop in both prices of these (if they manage to go IPO anytime soon) and then short.

What’s the AN at the end?

AMD and NVIDIA maybe?
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