Wall Street is selling the Unicorns to pension funds, these funds are managed by over educated morons that believes Santa actually exist.
Why Uber may still be worth $100 billion-plus even after its embarrassing IPO
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."
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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