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PostPosted: Sun Jun 30, 2019 1:23 am 
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Poober continues to lose money and always will but after reading the 'American affairs 'article above then I can see why that never really mattered,it is and was all about deception by smarmy capitalists.thank god im not part of their trap.


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PostPosted: Mon Jul 01, 2019 10:50 am 
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rayggb wrote:
Poober continues to lose money and always will but after reading the 'American affairs 'article above then I can see why that never really mattered,it is and was all about deception by smarmy capitalists.thank god im not part of their trap.


ha.......we are ALL part of it simply by existing, surviving, buying houses, cars, food, clothes, etc..

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PostPosted: Mon Jul 01, 2019 12:34 pm 
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I meant the poober trap.


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PostPosted: Mon Jul 01, 2019 6:59 pm 
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rayggb wrote:
I meant the poober trap.

When you think the Vatican has shares in dodgy stuff worldwide even going to mass involves you (if yu are allowed on hallowed ground)

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PostPosted: Mon Jul 01, 2019 7:12 pm 
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When I grow up I'm going to be a hermit and live in a shed!


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PostPosted: Mon Jul 01, 2019 9:05 pm 
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rayggb wrote:
When I grow up I'm going to be a hermit and live in a shed!


or just join the happy gang man

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PostPosted: Sun Jul 07, 2019 7:19 pm 
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Current price $43.53. 07/07/2019.

Down 3.27% since IPO.

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PostPosted: Fri Jul 12, 2019 9:16 pm 
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Interesting comment in this article from Uber's Chief Technology Officer.

https://edition.cnn.com/2019/07/09/tech ... index.html

"If people invest in Uber, they should be long-term investments," said Pham. "We're not in this business for the profit in the next year or two, we're thinking about changing the landscape of transportation."

"That's going to take years if not decades to fully realize," he said.

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PostPosted: Sun Jul 14, 2019 1:14 pm 
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Sussex wrote:
Interesting comment in this article from Uber's Chief Technology Officer.

https://edition.cnn.com/2019/07/09/tech ... index.html

"If people invest in Uber, they should be long-term investments," said Pham. "We're not in this business for the profit in the next year or two, we're thinking about changing the landscape of transportation."

"That's going to take years if not decades to fully realize," he said.



20,000 sad hackney drivers think UBER have already do that

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PostPosted: Sun Jul 14, 2019 1:15 pm 
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BTW the share price YTD shows healthy

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PostPosted: Sun Jul 14, 2019 8:07 pm 
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wannabeeahack wrote:
BTW the share price YTD shows healthy

Still down about 2.5% since IPO.

But the first real test will be in September when existing share holders can sell their shares.

I suspect many will bail out and the share price will drop significantly.

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PostPosted: Mon Jul 15, 2019 11:40 am 
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Sussex wrote:
wannabeeahack wrote:
BTW the share price YTD shows healthy

Still down about 2.5% since IPO.

But the first real test will be in September when existing share holders can sell their shares.

I suspect many will bail out and the share price will drop significantly.


the money in stocks/shares is in the trading not always in the actual price... long term it will do fine, and brokers will make millions

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PostPosted: Mon Jul 15, 2019 3:48 pm 
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Sussex wrote:
wannabeeahack wrote:
BTW the share price YTD shows healthy

Still down about 2.5% since IPO.

But the first real test will be in September when existing share holders can sell their shares.

I suspect many will bail out and the share price will drop significantly.



doubt it there are too many people in the financial services industry who know how to make sure their mates make a few bucks first :wink:

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PostPosted: Mon Jul 15, 2019 7:09 pm 
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Interesting article.

https://www.nationalreview.com/2019/07/ ... -to-burst/

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PostPosted: Tue Jul 16, 2019 9:44 am 
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Sussex wrote:


That's not likely to affect Uber's European ops too much as they are already regulated as a transport provider in most of Europe.

As for their share price a post IPO drop of 2-3% is nothing. IPOs are there for the early investors to get their cash out, it's not necessarily an indication of market confidence. For example Facebook shares dropped 40% from their IPO price over the 2 months following their IPO. They were at double the IPO price by the end of the year and are now 8x that price.


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