Anyone remember FB IPO? Just look at LYFT, both are classic pump and dump IPO's. So far they are like mirror images of each other and so could expect .
Before buying LYFT consider that FB only started basing after it finally started had a positive earnings report and a breakout above the 200sma.
The Famous IPO Cycle. $UBER $LYFT $FB $SNAP
The Famous IPO Cycle. $UBER $LYFT $FB $SNAP
$UBER
In 2018, Dara Khosrowshahi's first full year as Uber's CEO, the company narrowed losses and continued to grow revenue, though at a slower pace than in the previous year.
According to the private company's self-reported financials, full-year revenue for 2018 was $11.3...
This ones off to a weak ass start but looks like a final fifth wave to me before some kind of a correction , we will see what the future brings but here is my bottom target for Lyft . If it hits and holds im going long ..... you never know what these things can do once the Market Makers step in :)
Where to start? The loss of $900,000,000 a year? The loss per share of $9.02? A growing impatience and anger with Lyft drivers? I believe people must have thought that Lyft would pop at IPO but its been declining since going public. Except the same with Uber, as they lose almost double that of Lyft every year. Ride-sharing companies are not a sound investment and...
LYFT losses a lot of money, it is expected to lose anywhere from between $4.85 - $2.49 per share this quarter, we can not justify any involvement in this stock it is a pure gamble. Uber's IPO will surely have a negative effect on the price also, if not then the market has lost its mind. To invest in LYFT, you are investing in a company that is no where near, or...
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LYFT
