streetgainer

Stock Dilution Coming!...

Short
streetgainer Updated   
NYSE:UBER   Uber Technologies, Inc.
Let this sink in, 5.2 BILLION!... in net losses. Even if you extract the stock compensation which is to be expected, their losses were WORSE than the previous quarter, on less than expected revenue.

This company will have to issue stock to raise cash. This is Tesla 2.0 without Elon's mouth propping the stock up!

Technically, there is not much to go on other than the 2 points for the trendline, all pointing DOWN.
Trade closed: target reached
Comment:
IPO share lockup is expiring soon. SMH!!!!
Comment:
Earnings Results: 1.2 BBBBBILLION!!!! IN LOSSES THIS QUARTER!!!!
Comment:
Uber Works?

This will be sub $15 soon enough
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