Finance Advice Thread

[QUOTE=~primetime~;14200702]AirBnB now public

opened at $68 looks like...it's already at $145

I'm going to let the dust settle on this before I consider[/QUOTE]

It's a mad house to see fools buying at this overvalued price.

I was completely baffled by doordash crap yesterday. I wish I had bought it and sold as soon as it hit its high. That sounds like a covid stock that will PLUMMET down to 30-40 or less once the vaccines hit and people go out this summer in huge numbers. It's not worth anywhere close to 180-190

yeah fck doordash...not touching that one

[QUOTE=~primetime~;14200737]yeah fck doordash...not touching that one[/QUOTE]

Could have been easy $80 profit per share (minus tax), but I don't think anyone expected it to pop up like that :lol

Is doordash doing good? Isn't uber stealing away at delivery services?

[QUOTE=Draz;14200910]Is doordash doing good? Isn't uber stealing away at delivery services?[/QUOTE]

It is also competing with Grubhub and couple other smaller ones. They all also charge high service fees. It's a business model that will fall apart post-COVID.

[IMG]https://cdn.vox-cdn.com/thumbor/D-qAQLwzA8KTFdkKn_NHJGZZIxE=/0x0:1872x798/920x0/filters:focal(0x0:1872x798):format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/22162169/Screen_Shot_2020_12_10_at_3.29.17_PM.png[/IMG]


Disney throws out their future lineup filled with all sorts of misc Star Wars shows and their stock sky rockets 15%

IIRC someone in here was big on Disney stock...can't recall who though

[QUOTE=FreezingTsmoove;14189564]Buy FuboTV[/QUOTE]

this guy is rich

was $9 when he posted this...it's at $38 now


any other tips Freeze?

selling my airbnb shares today, I got in at 72 unfortunately so I only got 13 shares

I'll throw out a *risky* play...Luckin Coffee

Luckin Coffee is basically the "Starbucks of China"...in March of this year they were caught lying about their finances, reporting false numbers, and their stock plummeted from $40 to $2....the market removed them altogether.

They have recently settled their lawsuits are and right back at it...shares going for $8 currently

this is definitely a risky play though...buyer beware...but could be a good for a quick $snag$...the public can forget the past pretty quickly

[QUOTE=rawimpact;14205676]selling my airbnb shares today, I got in at 72 unfortunately so I only got 13 shares[/QUOTE]

how did you even get in that low?...I dont see that it ever sold at $72

[QUOTE=~primetime~;14205681]how did you even get in that low?...I dont see that it ever sold at $72[/QUOTE]

I had my broker put in the order at iPO for max shares for 1k, i should have gotten 14 shares since the IPO offering was 68 but it jumped

[QUOTE=rawimpact;14205692]I had my broker put in the order at iPO for max shares for 1k, i should have gotten 14 shares since the IPO offering was 68 but it jumped[/QUOTE]

well shit, congrats to you on that one...not bad

[QUOTE=~primetime~;14205701]well shit, congrats to you on that one...not bad[/QUOTE]


Thanks, I generally don't buy/sell like i did because of the tax hit but I really dont feel comfortable with airbnb long term but the timing with COVID made me think people will opt for home rental vs high output h/m -otels. These services really are just services, nothing proprietary. VRMO or whatever is already a significant competitor for them.

AirBnB rentals should go nuts this holiday season and I think they are here to stay and will only grow...I have been watching that stock every day since it entered...I just don't like to buy fresh ipos, shit can go nuts at first (see Twitter). Paid off for you here though.

[QUOTE=~primetime~;14205677]I'll throw out a *risky* play...Luckin Coffee

Luckin Coffee is basically the "Starbucks of China"...in March of this year they were caught lying about their finances, reporting false numbers, and their stock plummeted from $40 to $2....the market removed them altogether.

They have recently settled their lawsuits are and right back at it...shares going for $8 currently

this is definitely a risky play though...buyer beware...but could be a good for a quick $snag$...the public can forget the past pretty quickly[/QUOTE]

I'm already up 25% from just posting this this morning about 1 hour ago :D:applause:

bought in at $8 even this morning...already over $10

where will it stop today I wonder...