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Started By
Message
Is WAITR saved?
Posted on 3/16/20 at 2:24 pm
Posted on 3/16/20 at 2:24 pm
Might not be a bad investment
This post was edited on 3/16/20 at 2:25 pm
8
Posted on 3/16/20 at 2:24 pm to LSUlefty
for now...
Posted on 3/16/20 at 2:28 pm to LSUlefty
Good time to buy In my opinion. It jumped 80% today and with many states closing restaurants and only allowing takeout I cant see how they wont make a fortune the next few weeks
Posted on 3/16/20 at 2:28 pm to Ping Pong
Buy now and sell in a few weeks?
Posted on 3/16/20 at 2:33 pm to LSUlefty
quote:
Buy now and sell in a few weeks?
Depends on the length of these state restrictions on restaurants. But yes, I wouldn't buy in for the long term
Edit: its now up 92% today
This post was edited on 3/16/20 at 2:35 pm
Posted on 3/16/20 at 4:06 pm to LSUlefty
Short term for sure. My wife works for them and every move corporate has made since going public has been a disaster in one way or another.
Now that all drivers are forced to contract almost all of them are delivering for waitr, grubhub, and doordash at the same time. Her last delivery driver shift on Saturday she saw a guy with a waitr shirt, grubhub hat, and doordash bag.
Now that all drivers are forced to contract almost all of them are delivering for waitr, grubhub, and doordash at the same time. Her last delivery driver shift on Saturday she saw a guy with a waitr shirt, grubhub hat, and doordash bag.
Posted on 3/16/20 at 6:02 pm to junkfunky
They all need to merge to one entity. And that was the hope in buying Waitr. They get acquired by grub hub or door dash. At $.40 it’s market cap was stupid low. Like $30 million. So it was a dice roll for buyout or bankrupt. Coronavirus may save them. Though I’m not sure how I personally feel about ordering from Waitr right now so I don’t know if the hype is justified
Posted on 3/16/20 at 6:29 pm to TigerDeBaiter
quote:It’s trading at $0.83/share in after-hours trading right now, up 51% since the market closed today.
At $.40 it’s market cap was stupid low.
Posted on 3/16/20 at 6:32 pm to LSURussian
Thanks. I noticed... 
Posted on 3/18/20 at 11:14 am to LSUlefty
Waitr is now at $1.76 up 125% today. Glad I bought in low. This stock alone is saving my portfolio
Posted on 3/18/20 at 11:23 am to Ping Pong
It won’t be enough to save them. I’m not going to short what is essentially a penny stock, but they’re going bankrupt.
Most companies are waiving delivery fees and a lot of restaurant are trying to drive traffic to their own restaurants using hourly staff to deliver to keep them busy.
Most companies are waiving delivery fees and a lot of restaurant are trying to drive traffic to their own restaurants using hourly staff to deliver to keep them busy.
Posted on 3/18/20 at 11:29 am to LSUlefty
Not saved, but the stock is riding off of sector momentum
Play it smart and to your advantage here, I wouldn't be a long but scalping opportunities are present
Play it smart and to your advantage here, I wouldn't be a long but scalping opportunities are present
Posted on 3/18/20 at 11:33 am to The Egg
Do yall think we have leveled around 1.75?
Posted on 3/18/20 at 11:36 am to lrabor3
Dangit...could have made some good $ buying a bunch a day or two ago when I was reading yalls post and selling now I wonder too if there is more upswing to this now.
I wonder too if there is more upswing to this now.
Posted on 3/18/20 at 2:15 pm to lrabor3
I saw a $6.00 target. No fricking way.
But, I’m going to pretend buying 2000 shares today at $1.67. Seeing that most everything I touch goes to shite, hopefully it retreats a bit tomorrow, then I’ll buy.
But, I’m going to pretend buying 2000 shares today at $1.67. Seeing that most everything I touch goes to shite, hopefully it retreats a bit tomorrow, then I’ll buy.
Posted on 3/18/20 at 2:19 pm to Dodd
Where did you read that from?
Posted on 3/18/20 at 2:49 pm to Jpeazyy
I got 120 shares at 1.66 today. Trying to decide if I should just dump it soon and make a few bucks or hope that it continues to rise.
Posted on 3/18/20 at 3:07 pm to LSUlefty
In 6 weeks, Waitr and Blue Apron (+175% today) are going to resume their rightful place in the crapper.
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