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  • Anonymous
    Inactive
    Post count: 57

    It’s amazing how much optimism is associated with UBER! Just go on the Yahoo Finance website & click on conversations.
    Note: Uber’s EPS = -2.95. I can’t wait until February 6th when Uber reports its earnings.

    Sean Hyman
    Moderator
    Post count: 6626

    Some people love any new shiny object. But I say, why buy a company that lost $8 billion last year when I can buy a company that actually makes money. https://finance.yahoo.com/quote/UBER/key-statistics?p=UBER

    Aaron
    Participant
    Post count: 69

    yup… people still think i’m crazy saying Netflix might have to file for bankruptcy within a few years if they don’t change. They can’t comprehend the battle they’re in…

    Sean Hyman
    Moderator
    Post count: 6626

    At least NFLX did make $2.4 billion last year. Not much for its size…and a P/E that’s still insane, but at least they make money. NFLX wouldn’t make our cut either just because it’s way too expensive, doesn’t make enough money for its size and has too many people moving into its space.

    Sean Hyman
    Moderator
    Post count: 6626

    I know this thread is about Uber, but since Aaron mentioned NFLX, here’s an interesting article on it. https://www.zerohedge.com/markets/netflix-burns-record-17-billion-match-last-years-subscribers-q1-forecast-disappoints

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