Lyft ipo-

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Most high flyer ipos that get lots of marketing before they come out are usually over valued.
 

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Much further down to go, when lockups expire this thing will take another swift move down...bleeding cash despite the scale, bad governance structure....shorting is tough because of cost to borrow, but would take that chance before trying to go long.
 

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I don't think Lyft is a badly run company, infact I think in a lot of ways it is a pretty well run company and superior to Uber. Their current price is mostly based on late-stage bull market froth but long-term I do think they can gain more and more ridesharing market share. Uber seems badly run and spreading itself way too thin.

This is a good CNBC originals video on Lyft if anyone is interested. These long form features much better than anything that makes its way to the actual airwaves...

 

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I don't think Lyft is a badly run company, infact I think in a lot of ways it is a pretty well run company and superior to Uber. Their current price is mostly based on late-stage bull market froth but long-term I do think they can gain more and more ridesharing market share. Uber seems badly run and spreading itself way too thin.

This is a good CNBC originals video on Lyft if anyone is interested. These long form features much better than anything that makes its way to the actual airwaves...


Agree
 

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5teamer, my analysis says this is going to 30.

Are you shorting? Great opportunity. (I didn't read the thread)
 

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