$Upstart (UPST.US)$ It’s not a buy until under $90. They’re ...
$Upstart(UPST.US$ It’s not a buy until under $90. They’re predatory, no-moat practice will be obvious by mid 2022
Additionally, the term A.I. Is getting thrown around way too loosely. Upstart does not have A.I., they have simple algorithms that makes decisions based on past data. This is called simple machine learning and every single lender in the nation could pay a C++ or Java developer $100k/year to accomplish this vetting process. This company is a joke. It’s hilarious that meme crowds are able to take it this high.
If you are long, I suggest you get out. I said the same thing about $Zillow-C(Z.US$ and $Peloton Therapeutics(PLTX.US$ at the top and look at them now. Peloton is only a slightly better company than Upstart, but Zillow is a compelling buy now below $86.
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Niamh Oakes : Fully concur with your comments and observations. And yes, they are simply trying to take advantage of the buzz around the term "AI" when in fact behind the scenes they are just doing very basic algorithmic programming...and also using many manual scanning and upload processes. I wonder how many people they have hired to manually respond to all of their BBB complaints??
HGBlog Niamh Oakes : you two need to get a (boiler) room and enjoy each other's company methinks!
Ant to Outer Space HGBlog : Agree![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
PassiveIncome0723 : What we care is that the company potential for making money…
Bobi2206 : Ok pls short the stock or buy puts