Did I miss something? I thought Uber was still a long way from being profitable and had no plausible plan for how to become profitable.
Uber opens at $42 per share
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Re: Uber opens at $42 per share
#12disappointing? jesus, its been an hour. Relax your freaking noodles. What´s with everyone and instant gratification these days? The stock is still in range discovery... I myself am bearish but sitting this one out because I have no idea what to make of it. One thing I know though, calling it disappointing 1 hour after open during a tightning range is beyond irresponsible. It´s flat out stupid and lacks any understand…
Sometimes I see no difference between these Market Gurus and Horoscope readers. Just say some bullshit authoritatively and some people will believe.
Re: Uber opens at $42 per share
#13Did I miss something? I thought Uber was still a long way from being profitable and had no plausible plan for how to become profitable.
Just like Amazon at its IPO.
Re: Uber opens at $42 per share
#14Some notes from watching Uber open: - if it closes below $45(its IPO price) it will be the first time since 2008 that the happened for a major IPO - TD Ameritrade executed more orders in the first 10 minutes of trading than they did for the first 2.5 hours with Lyft. - Uber is 9% of all trading at TD Ameritrade, retail loves this stock, - market is down today, which isn't helping Uber but its probably not much of a f…
Where did you get the TD Ameritrade data from?
Re: Uber opens at $42 per share
#15Some notes from watching Uber open: - if it closes below $45(its IPO price) it will be the first time since 2008 that the happened for a major IPO - TD Ameritrade executed more orders in the first 10 minutes of trading than they did for the first 2.5 hours with Lyft. - Uber is 9% of all trading at TD Ameritrade, retail loves this stock, - market is down today, which isn't helping Uber but its probably not much of a f…
doesn't matter, made $8,100,000 in a day
oh you were worried about the traders and hopeful Uber employees that bet half a decade of their life on a good share price HA HAHAHA. Should really start looking at this from the underwriter and issuer perspective to understand the success story here. Retail buys ticker symbols that have been marketed to them. Everyone else dumps. Company made a ton of money and can do whatever it wants with it, they gain nothing from secondary market trading today. VCs, founders and employees can't sell for another 60-90 days, but founders can give themselves big bonuses (and employees too but I mean.. what world are you living in)
Re: Uber opens at $42 per share
#16probably one of the worst days to IPO given current china/us trade spat
Re: Uber opens at $42 per share
#17disappointing? jesus, its been an hour. Relax your freaking noodles. What´s with everyone and instant gratification these days? The stock is still in range discovery... I myself am bearish but sitting this one out because I have no idea what to make of it. One thing I know though, calling it disappointing 1 hour after open during a tightning range is beyond irresponsible. It´s flat out stupid and lacks any understand…
They are referencing the opening price of the stock, not where it currently is. I would argue that for an IPO the initial opening price is important since the spread between the offering price and opening price is often an indicator of the quality of the IPO.
Re: Uber opens at $42 per share
#18disappointing? jesus, its been an hour. Relax your freaking noodles. What´s with everyone and instant gratification these days? The stock is still in range discovery... I myself am bearish but sitting this one out because I have no idea what to make of it. One thing I know though, calling it disappointing 1 hour after open during a tightning range is beyond irresponsible. It´s flat out stupid and lacks any understand…
Sometimes I see no difference between these Market Gurus and Horoscope readers. Just say some bullshit authoritatively and some people will believe.
I prefer the more educated folks who provide insights like
"Stocks were down today due to a sell-off"
Re: Uber opens at $42 per share
#19My primary disappointment with the Uber IPO is that I don't have a larger wad of money to cover a short position.
wow so edgy, can't even short on an IPO
there are some CFD markets you can probably take a bearish position with, just fire up the VPN and move some crypto over to them
Re: Uber opens at $42 per share
#20disappointing? jesus, its been an hour. Relax your freaking noodles. What´s with everyone and instant gratification these days? The stock is still in range discovery... I myself am bearish but sitting this one out because I have no idea what to make of it. One thing I know though, calling it disappointing 1 hour after open during a tightning range is beyond irresponsible. It´s flat out stupid and lacks any understand…
Sometimes I see no difference between these Market Gurus and Horoscope readers. Just say some bullshit authoritatively and some people will believe.
There isn't any difference both are empirically absolute bullshit.
https://en.wikipedia.org/wiki/Brownian_model_of_financial_ma...