Biscayne : What do you mean they did poorly on earnings? No offense but what the hell are you talking about? Uber announced fourth-quarter results that beat analysts' expectations for revenue. The company's revenue grew 20% in its fourth quarter to $11.96 billion. Uber said adjusted EBITDA for its fourth quarter was $1.84 billion, up 44% year over year.

Biscayne Ken Griffin Charity : they were not “investigated” by any entity with actual authority. They “hired” someone to “investigate” them for positive PR and to their credit, it worked. I think its a shame they have a great business but the CEO is out of his mind and clearly very shady. Hes been throigh this before and continues his shadiness.

Biscayne : I find it suspicious they cant find investors for this product. Institutional or otherwise. Even the founder barely has any equity. Huge red flag. Seems like a pump and dump situation. The CEO has a whopping 1.71% equity with a million dollar market cap…think about that.

Biscayne The Real Wojak : But wouldn’t they be reliant on the US and Europe to expand outside China? Eventually that has to be the business plan for long term growth. I think investors are worried about a trade war with China and people just generally don’t trust companies with heavy Chinese ties. I really like the stock and want to buy in but IMHO the Chinese thing has kept me from doing so as of late. You make a good point about almost all their revenue is from China though. I suppose after 6 months or a year into a Trump term we will see how relations go and that will affect the stock price. We know the market can be completely irrational lol. Companies that have zero revenue and hype can be insanely overvalued and companies with excellent numbers heavily undervalued. The market pretty much always eventually corrects itself though.

Biscayne : 6666