LYFT Long on this one. May not go up immediately but good long term play. Also who knows some analysts upgrades it or raise the target and we are back to 15.
LYFT The strong earnings beat, record rides, positive cash flow, first full year of profitability, and a 500M share buyback should drive bullish sentiment...
LYFT Wild markets. AMD beats earnings, and the stock tanks but NVDA rises. UBER beats expectations but the stock tanks and LYFT follows suit and tanks. 🤷♂️
UBERLYFT Big dump coming on Wednesday. Get ahead of it and sell and reenter if you think Uber will make it for the long haul. I doubt they will make it. I’m opening a larger short position. 5% of my portfolio on uber and Lyft. FSD will allow the consumer to take direct profits without the need of UBER or LYFT. Remember Uber and Lyft are only the middle man, the middle man always gets cut out. larger profits for FSD manufacturers and consumer that owns the vehicles. It’s a no brainer unless uber gets into the exclusive rights businesses with TSLA, which I doubt Tesla will sign off on that because there software is already there all they need to is add the feature for a ability for renter to summon a vehicle. Plus Tesla will just create a subscription for the service for the renter and owner and they will reek profits on that plus subscriptions for FSD. Then eventually Optimus will be doing the deliveries for food and packages.