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Uber share price from IPO 10/05/2019
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Author:  wannabeeahack [ Sun Oct 20, 2019 8:34 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Sussex wrote:
Closed $32.06.

Up 6.4% on the week. Down 28.75% since IPO.


Traders make on sales and purchases MORE than investors can make, many more times too

its a commodity

Author:  Sussex [ Thu Oct 31, 2019 9:29 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Slight rise this week until today.

Dropped 6.67% down to $31.50.

Can't wait till next week when the mass sell off happens on the 6th November.

Author:  Sussex [ Mon Nov 04, 2019 10:23 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Uber have just released their third quarter numbers. Net loss attributable to the company widened to $1.16 billion, in the quarter ended Sept. 30, from $986 million, a year earlier.

Shares dropped $1.50 once the numbers where released to $29.76.

Author:  Sussex [ Tue Nov 05, 2019 12:23 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Down to $29.12 pre market this morning. This article from Nasdaq doesn't read well for Uber investors.

Uber earnings are winding road to nowhere

Uber Technologies' revenue grew by 30% in the most recent quarter. Chief Executive Dara Khosrowshahi even expects a profit in 2021, he said on Monday. But which revenue, and which profit? Investors in the $53 billion ride-share company have a dizzying array of financial metrics to choose from – and a new split into five reporting divisions has added a few more.

The numbers that reflect activity by Uber’s customers and passengers, from gross bookings and trips to revenue and adjusted net revenue, are all growing at a healthy clip. Other important figures remain stubbornly negative. Uber burned $2.5 billion of cash just to operate so far this year. It has enough cash to keep up that rate for four more years – but that’s a prerequisite for staying in business, not a boast. The main business of matching drivers with passengers made $631 million of EBITDA in the most recent quarter, 52% more than a year earlier, but only on a heavily and flatteringly adjusted basis.

Uber, like rival Lyft, now thinks it can be profitable in 2021, and the company narrowed its estimated loss for 2019 – but again, only on that adjusted basis, which ignores items like stock-based compensation and doesn’t reflect many of the costs of investing in the business. The food-delivery business Uber Eats is growing revenue three times as fast as the ride-hailing business, but lost $316 million in the third quarter on an adjusted EBITDA basis and has the potential to become a real drain. Rival Grubhub warned last week about “promiscuous” consumers of takeout meals playing rivals off against one another.

In the short term, there are other considerations, like the restriction on selling stock that ends on Wednesday, when shares held by early investors in Uber become available to buy – or sell. A similar watershed helped wipe one-fifth off the value of vegan-burger maker Beyond Meat last week, and the shares have yet to recover. And Beyond Meat's shares were trading at multiples of the price at which it went public earlier this year, whereas Uber's were down nearly 30% as of Monday's close.

Uber can slice its earnings any way it likes. But it remains hard to find clues on the big questions, like whether the company can sustainably make money, and whether insider shareholders will stick around.

Author:  wannabeeahack [ Tue Nov 05, 2019 12:28 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Uber might have billions invested in property depleting back door deals and the very best accountants...

as ive said before, if I make a loss its a loss, if im UBER or IBM or Apple what you see is NOT what you get

Author:  Sussex [ Tue Nov 05, 2019 10:09 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed today at $28.02.

Tomorrow is the first day most of the pre IPO shareholders can actually sell their shares.

So that will be interesting. :D

Author:  wannabeeahack [ Wed Nov 06, 2019 1:02 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Sussex wrote:
Closed today at $28.02.

Tomorrow is the first day most of the pre IPO shareholders can actually sell their shares.

So that will be interesting. :D

get in there at the price bottoms out...

Author:  heathcote [ Wed Nov 06, 2019 3:05 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

wannabeeahack wrote:
Sussex wrote:
Closed today at $28.02.

Tomorrow is the first day most of the pre IPO shareholders can actually sell their shares.

So that will be interesting. :D

get in there at the price bottoms out...


Typical sentiment of someone who claims to be interested in the trade but clearly is not by advocating investing in those who want to destroy it.

Author:  trotskys twin [ Wed Nov 06, 2019 4:15 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

heathcote wrote:
wannabeeahack wrote:
Sussex wrote:
Closed today at $28.02.

Tomorrow is the first day most of the pre IPO shareholders can actually sell their shares.

So that will be interesting. :D

get in there at the price bottoms out...


Typical sentiment of someone who claims to be interested in the trade but clearly is not by advocating investing in those who want to destroy it.


Heathy that loon is only interested in himself ..................................another parasite =D> =D>

Author:  Sussex [ Wed Nov 06, 2019 7:08 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Floating around $26.50 at the mo.

Down 41% since IPO, or in plain cash terms about $31 Billion pi**ed up the wall so far.

Author:  wannabeeahack [ Thu Nov 07, 2019 11:27 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Sussex wrote:
Floating around $26.50 at the mo.

Down 41% since IPO, or in plain cash terms about $31 Billion pi**ed up the wall so far.


How is Boeing doing after the crashes of its new plane?

Author:  Sussex [ Thu Nov 07, 2019 9:33 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

wannabeeahack wrote:
How is Boeing doing after the crashes of its new plane?

No idea, but I would sooner buy Boeing shares than Uber shares.

Author:  edders23 [ Fri Nov 08, 2019 8:36 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

wannabeeahack wrote:
Sussex wrote:
Closed today at $28.02.

Tomorrow is the first day most of the pre IPO shareholders can actually sell their shares.

So that will be interesting. :D

get in there at the price bottoms out...



so all this thread is about is a discussion on when to buy into Uber :roll: eusasmiles.zip [-X [-X

Author:  Sussex [ Fri Nov 08, 2019 10:56 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

edders23 wrote:

so all this thread is about is a discussion on when to buy into Uber :roll: eusasmiles.zip [-X [-X

Nope it's a continual pi** take thread at those who have invested in Uber, and a reminder to them as to how much money they have, and are, pi**ing up the wall.

Author:  Sussex [ Sat Nov 09, 2019 9:26 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Finished the week at $27.01 a share.

Down 40% since IPO.

A cool $31 Billion down the Swanee. :D

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