Independent contractors as drivers who are disenchanted because they can't make money, why? because there is a saturation point of drivers on the road which has been surpassed long ago.
Govt. regulations.
No clear path on how to MAKE money because if they did have a clear path, they would have implemented it.
Now, some saying it should change it's model and become a car company!?, maybe?...
or merge with Sirius, maybe?...
uh um... Autonomous, maybe!.
Short when the opportunity presents itself.
Target: $28
Govt. regulations.
No clear path on how to MAKE money because if they did have a clear path, they would have implemented it.
Now, some saying it should change it's model and become a car company!?, maybe?...
or merge with Sirius, maybe?...
uh um... Autonomous, maybe!.
Short when the opportunity presents itself.
Target: $28
Note
Not investing advice.Note
You can try and blame the acceleration to the downside (-11%) on the broader markets reaction to the trade wars. I say hogwash! Apple is in the bullseye of the tarrifs and it ended today down 5%.
I was watching a program today, in which the host was about to brake to a commercial, just before they went to commercial she promo's the upcoming segment with this.... "We'll be back to discuss the decline in Uber, and what impact it's having on the broader market". I had to pause in disbelief, like really? Uber's been on the exchange all of 2 days, you honestly think it has ANY impact on the broader market?....
Believe me when I tell you this, if Uber's decline influenced this market in any way today, then this market is much, much graver danger.
Note
Note
You can't make this stuff up...penews.com/articles/blackrock-other-big-investors-spoil-ubers-coming-out-party-20190520
Trade active
It has now fallen below the consolidation channel. Confidence within the bulls is thin and getting thinner. I will be updating this chart to a larger timeframe soon.Trade active
Well you can't say you were not warned. Update:
Trade active
1st target $34... Reached2nd target $28...
Trade closed: target reached
Note
Earnings Results: 1.2 BBBBBILLION, IN LOSSES THIS QUARTER!!!!IPO share lockup is expiring tomorrow,
Don't say you were not warned.
Note
Well, well... Uber Livery: Not Working!Uber Eats: Barely Working!
Enter.. Uber Works: Really!?
This company has no path, plan or focus. Spaghetti on the to see what sticks is not a strategy. Biggest IPO bust in history barreling through with absolutely no direction. Can you guess where this ends?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.