Uber
Google Pay to start doing GDOT bank accounts in their platformGDOT Green Dot is famous for their proprietary banking products like prepaid debit cards. If you've ever checked out in the Walmart and you see the little rack of prepaid money cards at the cash register, those are all Green Dot products.
Other side of their business is called banking as a service, or BaaS.
Apple Pay Cash is a Green Dot-powered product, Apple Pay's person-to-person transfer service. That's a Green Dot product.
Uber uses Green Dot's infrastructure to instantly pay their drivers for rides. If you pay for an Uber drive, that money will instantly show up in the driver's account, and that's a Green Dot product.
Google Pay just announced they're going to start doing Green Dot bank accounts through their platform. (fool.com)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Every Decade you get one.While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from two years ago. This is far from a P&D or a GME Short Squeeze hype play (I am all for the GME play, F' Citron) instead this is a new monetization play with some of the smartest Scientists on earth backing it. Stop and think for a second... Why am I chasing a crowded EV play, its TSLA or nothing, why am I chasing a mature e-commerce play like ETSY or Amazon, why am I chasing a MJ play in a foggy market, why am I chasing a mature fin-tech play, why am I chasing a SPAC above $12. If you are looking for true growth you must search for a market that has yet to be monetized. For the next decade the monetization of the human genome will be the largest growth play on earth. I think we have a winner. It's time to yell BINGO! Sale your car, house, child, sale your body, kidney almost anything you can to buy more shares of this. The moon is imminent. ST PT $25 by March 2021. LT PT $415 by March 2023. FANG will go BANG!
$UBER Shorts?We could see bay tumble to $50 from its All time high of $60.03 before picking up orders at $49.78 around the time of earnings for a bull rally back to the A.T.H’s. will keep this updated in the comments.
Leave some comments below of your opinions and don’t forget to leave a thumbs up if you find this post helpful!
Ehang - The Sky is The Limit - EHWe've been following Ehang since before its IPO. Back in 2016 it became the world's first AAV capable of carrying passengers. Still a long way to go, but on May 27, 2020, EHang obtained the world's first commercial pilot operation approval from the Civil Aviation Administration of China (“CAAC”) to use its EHang 216 passenger-grade AAVs for air logistics purpose. The EHang 216 received a special flight operations certificate (SFOC) from Transport Canada Civil Aviation (TCCA) for test flights in Québec, Canada. One of the things we love about this company is one of its founders Huazhi Hu who has the obsessive passion/determination in his company.
TA:
We're really planning for a long term hold here so not much TA to it. We bought around $10.98 and planning on holding long term. Currently up +240% return. Overbought signals at the moment and could see a pull back soon as we try and find support but we're still sitting at a relatively small market cap of $2 billion.
Shoot us a like and follow and we'll be back with some updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Uber Uber Found Its Oil In Business In The Second Half Of 2020
Back in the first quarter of the year, Uber suffered a loss of $2.94 billion. Then, it became known that they bought a food delivery service. By the end of the summer, Uber Eats had become the company's largest service, revenue in the second quarter more than doubled. Uber also won a license dispute in London in September.
Technically, the UBER share price is moving in an upward channel. We have recently touched the upper boundary of the channel. Most likely the price will go to the support zone in the near future.
Best regards EXCAVO
UBER short term bullish continuation trade idea$UBER has been on a parabolic move ever since it broke out from the 30 range earlier this year. The stock is currently consolidating in the 50s for a few weeks now and looks like it is gearing to start the next impulse wave and push higher to 59-60s. We entered weekly call options last Friday so not looking to capture the entire 12% implied move to 60 next week but will definitely am considering adding some long contracts once we break above 56. The above trade ideas are my own. Please do your own research before investing.
Blend Investing - When to Add New Stocks & ETFsIn this Tutorial I discuss WFH (Work From Home ETF) and the UBER Stock. These have been recently added to my Blend investing portfolio. BUT I didn't get in them when they were first listed!
Instead I discuss, in this video tutorial, how to watch the behaviour and use technical trading knowledge and indicators to add them to your investing portfolio at the right time.
Sell Signal: 48.43 or higher #stocks Ingenuity Trading Model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
Uber - Buys Postmates for $2.65 BillionAbsolutely beautiful play on Uber so far. If you check our previous charts, we've been buying $Uber between the $28-$33 range and up +60% on this one so far. Anything under that $45 IPO price on this one was a gift. We've moved up our stop loss to lock in out gains, but we still love this stock for the long term haul.
Uber recently closed it's deal with Postmates as well giving it a larger market share in the food delivery game as COVID19 numbers continue to rise and people keep ordering takeout home. Uber is also now in talks to sell it's flying taxi division to Joby Aviation as part of it's mission to head into profitability in 2021.
Shoot us a like and follow and we'll be back with some updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Uber: Breaking out to a new rangeUber stands to benefit from possible recovery with positive vaccine news
after hitting our previous projection, yesterday Uber broke out into a new price range and on good volume - our next projection based on price structure and volatility is a measured move of ~$13 from a base of $46.5 -- takes us to $59.5
the confirmation we need is that with a pull back, Uber bulls manage to keep the stock above support at $51.50 to $52 -- i have marked the possible path in white - we'll see.
the weekly view supports this scenario with positive sentiment and an expanding buying pressure.
UBER - Rising WedgeThis usually occurs when a security’s price has been rising over time
The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines.
Therefore, rising wedge patterns indicate the more likely potential of falling prices after a breakout of the lower trend line. Traders can make bearish trades after the breakout by selling the security short or using derivatives such as futures or options, depending on the security being charted. These trades would seek to profit on the potential that prices will fall.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Airbnb (ABNB): Everything You Need to Know for the IPOAirbnb is an online rental marketplace for lodging, home stays, and tourism experiences.
The company does not own any real estate listings, but offers a platform through which people can take part in the sharing economy.
Airbnb announced its filing for an initial public offering (IPO) in August.
In this analysis, we’ll be going over everything investors need to know about the IPO, and my own insight on whether this is a golden opportunity.
Most of the information provided below is based on the S1 Airbnb Submitted to the SEC.
Disclaimer: This is not financial advice. This is meant for educational and entertainment purposes only.
Business Model
- Airbnb connects hosts who are willing to provide room, with guests
- Airbnb profits from charging a service fee to both the host and the guest
- While it initially started off as hosts providing bedrooms, the company has managed to find and expand on different types of lodges.
- Airbnb is well known for its systematic operations; they have a unique guest/host review system, rules regarding cancellations and deposits, and is oriented and focused on building a community.
Counterparts Cases
- Airbnb’s counterparts include companies like Expedia group (EXPE) and Booking Holdings (BKNG)
- It’s important to take into consideration the growing competitiveness within the booking market.
- Unlike Airbnb, both Expedia group and Booking Holdings are reporting solid earnings as their operating profits increase yoy.
- TripAdvisor (TRIP), which reported $156m in revenue for 2019 and an operating profit of $18.7m, while small, is another example of companies competing against Airbnb
- However, to be fair, these companies also all fell victim to the Covid-19 pandemic.
IPO Information
- The company will be listed on the NASDAQ exchange under the ticker ABNB
- The specific date of the IPO and price per share is yet to be officially announced.
Financials
- Due to Covid-19, the company’s revenue and profitability plummeted in 2020.
- Q2 2020 revenue was $350m, which is a 67% compared to Q2 2019, which recorded a quarterly revenue of over a billion.
- These numbers are less than half of the reported revenue for Q1 2020, of $842m
- As a result, the company’s valuation dropped from $31b to $18b.
- The fact that the company is not profitable yet is also quite fatal.
- In 2017 and 2018, there was a lot of hype around the company as they showed positive numbers for their EBITDA (earnings before interests, taxes, depreciation, and amortization)
- But, the company has been reporting inconsistent revenue ever since, and their sales and marketing
- As of September 30 2020, the company has $2.6b in cash, which is more than numbers reported for cash and cash equivalents in 2019 and 2018.
- Nonetheless, this is way below their short term net liabilities of $4.38b, which is considered a warning sign in terms of financial stability.
- Additionally, they have $1.8b in long term debt as well.
- Taking all of this into consideration, we could make an educated guess that Airbnb is trying to seek for funds through this IPO.
- It has already undergone its Series F investments, and is a unicorn company (a private company with a valuation over $1b), which makes it difficult to receive any further meaningful investments.
Covid-19 Impact
- Airbnb is part of the industry that was arguably most heavily affected by the Covid-19 pandemic
- They had a net 4.1m cancellations in March, when fear regarding Covid-19 peaked.
- I’ve mentioned this in a previous analysis, but Covid-19 has fundamentally changed the way we live forever
- As a result, Airbnb’s goal of creating a community of hosts and guests has faced a huge obstacle, as people prefer to stay at hotels, which involve lower risk of Covid-19 infections.
- Thus, whether people would want to travel via Airbnb after the pandemic is solved still remains extremely murky, as clear solutions to the current situation are yet to be proposed.
- Unlike other large tech companies, Airbnb lacks the cash to endure a long phase of hardship.
- Due to the impact of Covid-19, the company has laid off over 1,900 employees to cut costs.
Historical Cases
- We have seen other companies within the sphere of the sharing economy take part in IPOs that have failed miserably
- Companies such as Uber Technologies (UBER) and Lyft (LYFT) are prime examples. (Refer to the charts on the right)
- They were provided multiples way above their actual value, and their stock prices eventually fell way below the IPO price.
- WeWork, once valued at $47b, failed its IPO due to massive debt and shaky corporate structures, and is now valued at $2.9b
- Given past cases of other tech companies within the realm of the sharing economy having undergone failed IPOs due to overvalued multiples, it’s important to consider why Airbnb might be exempt from this case.
Mike’s Insight
In summary, while Airbnb’s listing is arguably the most important IPO of 2020, investors need to consider all possible factors before participating in the IPO. Its growing number of users suggest that the business is on the right track over the long run, but is faced with a serious external risk that the company has no control over. As this risk extends throughout time, the more damaging it is to the fundamentals of the business, thus providing room for investors to reconsider the proper valuation of the company. In my humble opinion, given that the company goes public at a $30b valuation, I think we’d see prices drop sharply after the IPO. Nonetheless, I could consider adding it to my portfolio as we see clearer signs of the world recovering from the coronavirus.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight :)