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re: Uber and Lyft Drivers Are Striking Today

Posted on 5/8/19 at 6:09 am to
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15182 posts
Posted on 5/8/19 at 6:09 am to
quote:

Lyft lost $9/share last quarter. Think about that.


Yea I wouldn’t touch those stocks besides an IPO day flip. Other than buying in pre-market then selling a few hours later, I’d avoid them
Posted by brass2mouth
NOLA
Member since Jul 2007
19713 posts
Posted on 5/8/19 at 6:51 am to
quote:

Yea I wouldn’t touch those stocks besides an IPO day flip. Other than buying in pre-market then selling a few hours later, I’d avoid them


Uber is stronger that Lyft though.
Posted by castorinho
13623 posts
Member since Nov 2010
82061 posts
Posted on 5/8/19 at 7:00 am to
quote:

Yea I wouldn’t touch those stocks besides an IPO day flip
one of them is going to be a great investment long term ride sharing isn't going away. Investing in both wouldn't be a bad play.

quote:

Other than buying in pre-market then selling a few hours later, I’d
LOL. no retail investor is going to get their hands on UBER at IPO price. Expect it to be trading like 50% above the price target they'll set today or tomorrow when it starts trading on Friday.
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