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Is This a Bull or a Bear?
Every shareholder who bought shares since gosh end of 2015 including everyone who bought in the IPO last night is now underwater. uber to their credit was conservative on pricing which i think was a good idea but the question is what do you have to believe to love this right now. If they're taking an operating loss of three billion dollars a year oh and by the way they said they think that will continue to increase this year it wouldn't surprise me again if we saw a secondary offering at some point where when they felt good about their share price they tried to sell more of the companyYeah it very much could happen it's so funny the scale is orders of magnitude larger than amazon but