Let this sink in, 5.2 BILLION!... in net losses. Even if you extract the stock compensation which is to be expected, their losses were WORSE than the previous quarter, on less than expected revenue.
This company will have to issue stock to raise cash. This is Tesla 2.0 without Elon's mouth propping the stock up!
Technically, there is not much to go on other than the 2 points for the trendline, all pointing DOWN.
This company will have to issue stock to raise cash. This is Tesla 2.0 without Elon's mouth propping the stock up!
Technically, there is not much to go on other than the 2 points for the trendline, all pointing DOWN.
Trade closed: target reached
Note
IPO share lockup is expiring soon. SMH!!!!Note
Earnings Results: 1.2 BBBBBILLION!!!! IN LOSSES THIS QUARTER!!!!Note
Uber Works? This will be sub $15 soon enough
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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.