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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. Baby Boomer who wrote (31601)	5/10/2019 6:41:12 PM
From: AdvocatusDiaboli	1 Recommendation Recommended By Ms. Baby Boomer Read Replies (2) \| Respond to of 34824

More like Uber may never make a profit... IMO profit is playing second fiddle to expansion at present. Growth might gave slowed somewhat but is still respectable with I believe 25% year on year increase. It is all about establishing global footprint in several areas at present and there are a lot of costs in that. Once established the focus will move to cutting costs and maximising profit. IMO it is a very good business model and will be profitable in the future. I expect UBER to continue heading south like LYFT for a while. But there will be a time in the not too distant future when both LYFT & UBER will be good to jump on for a very profitable ride north. SDOW traded 7.4 Million shares today... Hope those SDOW are doing OK for you Cassandra Have a good weekend. Cheers AD