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Old 12 May 2019, 02:46 AM   #1171
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I bought puts on Lyft as soon as options became available.
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Old 12 May 2019, 03:06 AM   #1172
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Invest in the mouse...…..got in Disney at $100-plan on holding it long term.
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Old 12 May 2019, 03:34 AM   #1173
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Invest in the mouse...…..got in Disney at $100-plan on holding it long term.
Recently picked some up as well.

Long term too. But for the most part, I’m only long term.
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Old 12 May 2019, 10:39 AM   #1174
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Recently picked some up as well.

Long term too. But for the most part, I’m only long term.


I tried my hand at flipping stocks-lost my a$$……..
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Old 13 May 2019, 10:42 PM   #1175
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I tried my hand at flipping stocks-lost my a$$……..
i never tried to flip.

but i did sell before the 2016 election. and regret it. for now, i am buying only as long term holds.

just bought 250 shares of uber. I don't see how that can't go up over the long term. i just don't see it.
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Old 13 May 2019, 11:27 PM   #1176
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-Uber-
Horrible decision
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Old 14 May 2019, 12:21 AM   #1177
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-Uber-
Horrible decision
Indeed.



A short sellers dream at the moment though.
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Old 14 May 2019, 01:28 AM   #1178
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-Uber-
Horrible decision
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Indeed.



A short sellers dream at the moment though.
Well that’s bad for me I suppose.

But I still can’t imagine them not doing well in the long term.
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Old 14 May 2019, 02:01 AM   #1179
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I'm all about long-term holds too. I regret not buying RACE in December 2018 when it was down to roughly $95 US per share.



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Old 14 May 2019, 02:05 AM   #1180
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"Judging by different metrics"
I believe this sounds a little familiar - shades of the dot com days.
Being in the software world, I remember oh too fondly the days of judging by different metrics.
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Old 14 May 2019, 02:37 AM   #1181
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I'm all about long-term holds too. I regret not buying RACE in December 2018 when it was down to roughly $95 US per share.



I like rarriiii but I feel like once TSLA roadster comes out will be the fall of rarri.


young kids like tech and speed.
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Old 14 May 2019, 02:44 AM   #1182
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"Judging by different metrics"
I believe this sounds a little familiar - shades of the dot com days.
Being in the software world, I remember oh too fondly the days of judging by different metrics.
I see it as akin to the amazon model. Market share, growth etc..

How many rides are they giving. How many members.

Long term, I just don’t see these guys bursting. They just have too much dependent on them already. And as they grow other services such as Ubereats I see them only growing.

Besides that, they have so many markets to grow into. I’m excited to have it.
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Old 14 May 2019, 03:58 AM   #1183
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"Judging by different metrics"
I believe this sounds a little familiar - shades of the dot com days.
Being in the software world, I remember oh too fondly the days of judging by different metrics.
I wouldn't be surprised if the value of this stock short term reflects the skepticism of many out there.





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I like rarriiii but I feel like once TSLA roadster comes out will be the fall of rarri.


young kids like tech and speed.
It'll be interesting to see how that plays out if Tesla can deliver on time with minimal issues. There's something special about a Ferrari based on the history that Tesla lacks in my opinion but it's competition, nonetheless.

I also hope Elon Musk listens to his Twitter Sitter

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I see it as akin to the amazon model. Market share, growth etc..

How many rides are they giving. How many members.

Long term, I just don’t see these guys bursting. They just have too much dependent on them already. And as they grow other services such as Ubereats I see them only growing.

Besides that, they have so many markets to grow into. I’m excited to have it.

I think your strategy is a good one considering the circumstances. Any potential Uber had was pretty much going to be a long-term time horizon from the get go.

They've got some incredibly difficult obstacles to overcome though. The business model is broken in some ways, and the losses they posted from several years back is the main one.

In this CNBC interview Dara basically said he's opposed to raising fees (which is understandable from a churn rate perspective with riders), but that he was pretty much waiting for costs to come down (vehicle operations). This would essentially mitigate the war brewing with drivers over compensation and hopefully reduce the annual losses. Not an easy task but interesting to hear him address:



It could potentially be a rough ride as we're seeing from the failed IPO (the words of several analysts).

For the sake of the investors it would be nice for some press releases on future plans to restore the confidence of most out there.

I'm still a contrarian here in many ways but that doesn't at all mean that this can't work out well for you in a few years time, I really hope it does.

At the end of the day if your invest thesis changed at all you could always use potential losses to offset your capital gains with some tax loss harvesting / selling. With either outcome I'm sure you'll do well.
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Old 14 May 2019, 04:07 AM   #1184
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I bought puts on Lyft as soon as options became available.
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Up 115% since this post, lol.
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Old 15 May 2019, 07:36 AM   #1185
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I see it as akin to the amazon model. Market share, growth etc..
Amazon never made a profit because it re-invested in it's business, warehouse, automation, logistics etc. It can't now be easily, if at all, replicated.

Uber is just an app. It has no assets besides servers (& data). Haemorrhaging cash, it has never made a profit because it has discounted its rides to gain market share & hoping to put competitors out of business (who are still there). Selling a $ for .60c. The moment it raises rates its customers disappear to other similar services, of which there are many.

Uber is full of smoke and mirrors & b@$%%it (flying cars anyone?). Always something just over the rainbow to keep it in the news and usually to cover bad news somewhere else in the org.

This IPO was a way for early investors to exit...
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Old 15 May 2019, 07:46 AM   #1186
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Amazon never made a profit because it re-invested in it's business, warehouse, automation, logistics etc. It can't now be easily, if at all, replicated.

Uber is just an app. It has no assets besides servers (& data). Haemorrhaging cash, it has never made a profit because it has discounted its rides to gain market share & hoping to put competitors out of business (who are still there). Selling a $ for .60c. The moment it raises rates its customers disappear to other similar services, of which there are many.

Uber is a toxic company, full of smoke and mirrors & b@$%%it (flying cars anyone?). Always something just over the rainbow to keep it in the news and usually to cover bad news somewhere else in the org.

This IPO was a way for early investors to exit...
I’m sure you are right.

But, in my areas at least, and in every airport I land at, Uber is the preferred means of transportation.

And in my area anyway, it has transformed the food delivery industry.

And it appears to me that they have endless markets they haven’t tapped into yet. Along with an endless supply of drivers providing their own cars and insurance etc.

I suppose time will tell. I don’t buy a lot of anything. I couldn’t buy a new Daytona from an AD with what I bought. I think it worth the risk.
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Old 15 May 2019, 07:49 AM   #1187
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^^^

And fwiw, I build distribution centers for a living. Amazon is being replicated everyday.

Yeah, they are absolute monsters and at the top of the game. Yet their business model is being copied time and time again. I know it because I’m one if the many people in my industry doing it.
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Old 15 May 2019, 08:40 AM   #1188
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^^^

And fwiw, I build distribution centers for a living. Amazon is being replicated everyday
C'mon.

So this time next week there will be seven new 'Amazons'.

And in a year...

With all due respect (and I do mean respect) a distribution centre does not make an Amazon.

Whereas as an app and a bit of marketing does make an Uber, Lyft, Didi, Gett, MyTaxi, TaxiApp, MiWhip, Ola, etc etc etc. And all on the same smartphone too.

Uber has gone for a land grab but there is zero customer loyalty, besides the discount coupons. The 'Kool Aid' has long worn off.

It simply can't continue burning cash as it has been and it's not a new company anymore.

It hasn't put its competitors out of business, it can only raise rates. Then it's goodbye to the riders. That's its conundrum. And driverless cars are a looong way off.

I can't see it ever turning a profit especially with all the employment status lawsuits that are shortly coming home to roost.

But what do I know. Only my 2 cents. No more or less valid than anyone else's. Only time will tell.
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Old 15 May 2019, 09:01 AM   #1189
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FWIW, I have noticed UBER is less and less competitive on price in NYC. I used to use it at least 15+ times per week, often more and usually to the airport. I still use Uber, but less and less. Lyft, Via, Juno, or even yellow cabs. Just depends on pricing. I cannot be the only one who noticed and altered their behavior as well.
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Old 15 May 2019, 09:12 AM   #1190
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My two cents on Uber

I think that Uber is artificially underpricing its rides in an attempt to put yellow cabs out of business. They are doing a good job of terminating yellow cabs, but how do they compete with Lyft and other ride sharing apps? If they are losing billions now, how do they turn it around? I suspect that they want to knock out as many competitors as possible, then raise prices.
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Old 15 May 2019, 09:13 AM   #1191
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I like UCTT, got in at $9 plan on riding it to $30
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Old 15 May 2019, 11:07 AM   #1192
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C'mon.

So this time next week there will be seven new 'Amazons'.

And in a year...

With all due respect (and I do mean respect) a distribution centre does not make an Amazon.

Whereas as an app and a bit of marketing does make an Uber, Lyft, Didi, Gett, MyTaxi, TaxiApp, MiWhip, Ola, etc etc etc. And all on the same smartphone too.

Uber has gone for a land grab but there is zero customer loyalty, besides the discount coupons. The 'Kool Aid' has long worn off.

It simply can't continue burning cash as it has been and it's not a new company anymore.

It hasn't put its competitors out of business, it can only raise rates. Then it's goodbye to the riders. That's its conundrum. And driverless cars are a looong way off.

I can't see it ever turning a profit especially with all the employment status lawsuits that are shortly coming home to roost.

But what do I know. Only my 2 cents. No more or less valid than anyone else's. Only time will tell.
Well, in the vein, out of all those you named, I only know of Lyft. Only ever heard of Lyft.

But you are right. A DC does not make an Amazon. But their business model is to create better ways to move products. They do that through technology and efficiency. And a lot of competitors have picked up that ball and are running wit it. Including monsters such as Target, Walmart, Macys,TJX and so many more.

I think the draw to Uber is the convenience. I don’t use it to save money. I use it because it’s fast and easy.

That all said, I admit fully, I’m likely wrong. But I like this as a risk. I can’t lose too much. But I do feel like I stand to gain a lot.
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Old 15 May 2019, 11:45 AM   #1193
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Old 16 May 2019, 12:55 AM   #1194
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In Tesla. Lets go
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Old 16 May 2019, 07:10 AM   #1195
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Old 16 May 2019, 08:58 AM   #1196
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Stick to gold, call me old school but if I can't see it I won't put my money in it.


Well you can see real estate and Rolexes


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Old 20 May 2019, 09:01 PM   #1197
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It's really strange to see graphics like this for Uber
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Old 22 May 2019, 11:51 AM   #1198
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Good Luck! $17.26 right now is Cheap!
Is there any news on when there will be FDA approval now? Thinking of picking up some shares soon.
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Old 22 May 2019, 01:31 PM   #1199
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Good Luck! $17.26 right now is Cheap!
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Is there any news on when there will be FDA approval now? Thinking of picking up some shares soon.
Nope! That information may become available once Heron resubmits to the FDA and addresses their concerns but it's anybody's guess.


In the past 8-days a few good articles with some very encouraging results were put out.

https://finance.yahoo.com/news/heron...123000080.html

https://finance.yahoo.com/news/heron...131300340.html

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Old 22 May 2019, 09:46 PM   #1200
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Is there any news on when there will be FDA approval now? Thinking of picking up some shares soon.
I'll suggest that you buy on weakness (like Monday's price) and not wait. Sure, it may be months before they answer all of the FDA's questions and more months before the FDA responds, but if you wait until the response, you may miss a lot of the gains.

Use dollar cost averaging... buy a little bit more as time goes on to even out your cost basis. In the past couple of weeks, the stock seems to creep upwards regardless of what the broader market is doing.

It's a relatively inexpensive stock, so you can pick up 500 shares for less than the cost of a used Submariner.

Buy a bunch of stock every few weeks and hope for the best. If it doesn't work out, we'll all show up at Larry's house with pitchforks and torches.

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