Uber is a 'once in a generation company' but the stock is going nowhere, Susquehanna says

Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company's initial public offering on the floor of the New York Stock Exchange, May 10, 2019.is a revolutionary company, but don't rush to buy the stock, Susquehanna Financial Group said Tuesday.

Since ride-hailing company Uber went public on the New York Stock Exchange in the most highly anticipated IPO of the year earlier this month, investors have debated the company's success trajectory, especially if and when Uber will become profitable.

Since cheating, the price of shares can not grow. Need to create hitting advanced real technologies, not virtual!

Twice in a generation

Here's the simplest guide you'll ever read on how to buy stocks

Hey just like this generation!!

It was an opportunistic business that didn't try to solve a problem so much as it exploited a deficit. All businesses that do this will end in flames. Basic economic principles predicted this fate and I am dumbfounded why so much money was put into it. Stupid!!!

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Uber is trying to disrupt the road-freight businessBut trucking will be tougher to crack than ride-hailing This just sounds like a terrible idea. Hopefully only trained, EXPERIENCED, certified, and appropriately insured drivers come to the supply side. No casual driver wants to be next to, behind, or in front of a 3-star uber freighter. No. They didn’t invent “ride hailing”. They didn’t even invent taxis without regulations, since those are called fitness. They invented how to make progressives and conservatives both fall in love with libertarian wet dream of no laws and practically no oversight. In related news, the 'made up' COMPETITIVE ADVANTAGES in Uber's (ahem) 'promulgating laws' are not to be underestimated. EVERY SINGLE INDUSTRY should be very wary that Uber is going to set their sights on leveraging them in order to usurp market share. Think about it.
Source: TheEconomist - 🏆 6. / 92 Read more »