Rob.Reynolds
Long

JP Morgan: Uber IPO set for Thursday? Will JPM rob the bank?

NYSE:JPM   JPMORGAN CHASE & CO.
LYFT threaten to sue JPM over short-selling, yes, a company that loses money and sold for $25bn!
I have a short on several banks. Yield curve is inverted. IMO, banks re done. Short on BAC, WFC, JPM, GS, C,MET, AIG, PFG, and BA. Good call on BA.
+1 Reply
@ShPro, XLF has rallied on average 30% after YC inversions over the past 2 cycles. In theory you are 100% correct but price action takes time to line up with the fundamentals.
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Don't you think the price to the upside is a bit too optimistic :) Just a thought :)
+1 Reply
@gvoommen, depends on your time horizon :)
+1 Reply
gvoommen Rob.Reynolds
@Rob.Reynolds, Your dream has come true...JPM has crushed earnings :)
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