Economy Stock Market chat. Discuss everything from Musk to iPhone

[brackis1]

@MASShole IPOs aee back on . I'm definitely not interested in buying any. But it's interesting , who will be first and have. A better IPO Uber or Lyft? Lyft by being a less crazy company?

Too early to say since it depends on how they try to value their offering.
I use lyft exclusively because they're "less evil" (like Amazon vs Walmart lol) but I know the idiot masses use the term "Uber" like it's Kleenex or Band-aids by now.

 

[MASShole]

Honestly, I'm not a billionaire on a yacht with a gold toilet. That was sarcasm.

I just hit back when I see someone trying to bully. I'll take my investment discussions elsewhere

Good luck and may 2019 be a profitable year

It's an internet forum. Calm you shit, bro. "Bullying" on here just means people like me disappear, even when we have opinion because most of us recognizes it's the internet, with no serious consequences. We can talk without issues.

 

[MASShole]

@MASShole IPOs aee back on . I'm definitely not interested in buying any. But it's interesting , who will be first and have. A better IPO Uber or Lyft? Lyft by being a less crazy company?

I rarely use either, so I'm hyper lazy about the choice, which means I have Uber downloaded on my phones already

 

[ElKarlo]

Too early to say since it depends on how they try to value.
I use lyft exclusively because they're "less evil" (like Amazon vs Walmart lol) but I know the idiot masses use the term "Uber" like it's Kleenex or Band-aids by now.

True Uber was first so it has the name brand.
I hear a lot about Lyft as they suck less as a company.

 

[ElKarlo]

I rarely use either, so I'm hyper lazy about the choice, which means I have Uber downloaded on my phones already

Never used either.
But I wonder what kind of cash they can make via an IPO, I'm guessing several billion for uber.

 

[brackis1]

True Uber was first so it has the name brand.
I hear a lot about Lyft as they suck less as a company.

They actually weren't even first, they just had a ruthless large bankroll.
The real awesome company was SideCar. They had the first to market rideshare app and a number of patents. It was an incredible company and design; I knew some of the early employees and would drive for them in my spare time. Drivers could set an exact radius of where they wanted to pickup and dropoff, as well as adjust their own personal fares to match the time of day, location, and the quality of the vehicle they were driving.
As a rider you could select an exact driver and car and fare. this was true autonomous ridesharing, not a conscripted taxi scam. I could literally make $30 driving across San Francisco to hang out with friends after work by going home, showering, then setting my pickup radius to within 10 blocks of my apartment and my dropoff radius as near my friend(s) apartments across town. This would ensure I didn't get sent out of my way, could provide someone a ride, and get where I wanted to be.

They lost out because they weren't cut throat assholes spending hundreds of millions to illegally bullrush into cities where they were unwelcome the way Uber did. They folded about 4 years ago and sold some of their tech remnants to Lyft.

Now we get these bullshit versions of "ridesharing" which amount to taking really poor people who are bad at math and sending them everywhere all day for minimum wage.

 

[MASShole]

Never used either.
But I wonder what kind of cash they can make via an IPO, I'm guessing several billion for uber.

Uber had a massive valuation the last time I looked into it. You're right, they had first mover advantage and it very quickly became "lets call an Uber" (even if Brackis disagrees). Never heard of Sidecar.

 

[ElKarlo]

Wow Uber was mean, but I thought they were first. Interesting. Yeah they Def came in and ignored laws and regulations. It sucks that they're so much bigger, as they pay the least and are an awful company kinda like Amazon and Walmart are.

 

[SBJJ]

It's an internet forum. Calm you shit, bro. "Bullying" on here just means people like me disappear, even when we have opinion because most of us recognizes it's the internet, with no serious consequences. We can talk without issues.

I'm sorry you thought I was starting shit. Sorry you(Or anyone else) were offended by me saying TSLA might best earnings after Musk downplayed the quarter

 

[SBJJ]

Never used either.
But I wonder what kind of cash they can make via an IPO, I'm guessing several billion for uber.

I've used both many times. I prefer LYFT and only use them now

 

[SBJJ]

UBER is the Wal-Mart
LYFT is the Costco

I think LYFT has the better upside

 

[ElKarlo]

UBER is the Wal-Mart
LYFT is the Costco

I think LYFT has the better upside

Good response. Think lyft has a less terrible cash burn. Be interesting if people really want these stocks. As I really see no value.osing money and having to fight to keep customers isn't a good business plan

 

[SBJJ]

Good response. Think lyft has a less terrible cash burn. Be interesting if people really want these stocks. As I really see no value.osing money and having to fight to keep customers isn't a good business plan

I think one may end up devouring the other

 

[ElKarlo]

I think one may end up devouring the other

I doubt it. If anything the Chinese ride hailing groups will try for Lyft or something like alibaba or tencent. That or eBay if it is broken up, a Chinese company will grab a piece of it

 

[gtm3]

I think one may end up devouring the other

Not sure it would be allowed.

 

[brackis1]

I'm now thinking ATVI (Activision/Blizzard) might be tempting now that a lot of "bad news" has been priced in, but rumors of Diablo 4 look tantalizing. Any gamers in our ranks? They're still sitting around their 1-year lows and haven't benefited from the market upswing and are trading at early 2017 levels. With the worldwide surge in gaming this seems irrationally low unless it can be shown their market share actually dropped that much for total gaming revenues.

 

[brackis1]

Jesus christ today is/will be a bloodbath.
Ejected from FNKO and ROKU at open.

 

[SBJJ]

BHC MNK COST holding up. Bought more MNK on the dip.

COST 212.50 calls at 1.50 order in. Need a lil bump for them to hit

 

[brackis1]

Jesus christ today is/will be a bloodbath.
Ejected from FNKO and ROKU at open.

Of course I get pulled away from my screen by bullshit while FNKO hits -9% and rebounds 4% -_-

 

[JonesBones]

It was an example that was not intended to be specific to the posters who were involved. (your graphs showed up for me, if I recall).

Something like this thread can be a great example of how people can learn from one another because it's not politics or religion, where belief/ideologies can override facts in an individual's mind.

I learn from you guys. I don't day trade or do options trading. I'm long term buy/hold investor and I don't like selling stocks.

Yes, Brackis and I have more gambling in our blood. You just gotta control it. I have heard both Mark Cuban and Tony Robbins say to take 10% of your portfolio max and somewhat gamble with it. Be risky. Just to get that fix. Robbins is a very successful investor.