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Why Uber may still be worth $100 billion-plus even after its embarrassing IPO

https://finance.yahoo.com/news/why-...ven-after-its-embarrassing-ipo-121243553.html

"We are not worried the stock is turbulent today on its first day of pricing and we continue to believe on a sum of the parts valuation this stock is worth a $100 billion+ and we would be buyers here despite the choppy tech tape and general market worries," Ives contends. "We believe this weakness in shares of Uber will be not be elongated as the core value of this franchise is markedly higher than these levels in our opinion."
 

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Uber will be lucky to have a market cap over $50 billion by the end of the week. Just wait until options are available and the insider lockup period expires. Look out below!
 

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Why Uber may still be worth $100 billion-plus even after its embarrassing IPO

https://finance.yahoo.com/news/why-...ven-after-its-embarrassing-ipo-121243553.html

"We are not worried the stock is turbulent today on its first day of pricing and we continue to believe on a sum of the parts valuation this stock is worth a $100 billion+ and we would be buyers here despite the choppy tech tape and general market worries," Ives contends. "We believe this weakness in shares of Uber will be not be elongated as the core value of this franchise is markedly higher than these levels in our opinion."
Nope.
 

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The financial hype machine is working overtime. The first thing you need to know is that the financial press is full of frauds and hucksters eager to take people's money.. Stick with business fundamentals and don't fall for the latest fad. I'm sure there are companies with far better potential than Uber or Lyft. Do your research and never listen to the so-called experts.
 

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Down another 11% for the day, and it's only half over. LOL

$36.92 and droppin' faster than my Lyft rating...
 
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