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Define 'dramatically', and by when you expect this will happen, and I'll offer you odds as well!
by gojomo 7y ago
Define 'dramatically', and by when you expect this will happen, and I'll offer you odds as well!
- warp_factor 7y agoIn 5 years I expect the MarketCap to be around 10B$ max. If Self Driving cars are a thing then even less than that. their customer base will be richer//business people ready to pay higher sustainable prices for rides.
- peripitea 7y agoIf you really believe this then you can probably make a healthy amount of money buying put options.
- marvin 7y ago5-year put options on Uber right now would probably cost more than the price of the stock, which would put you at less than even odds. I don't think you can get options yet, though. A 5-year short.....maybe? Will be interesting to see what the short interest and borrowing rate will be.
- gojomo 7y agoI'd be happy to bet you $100 that on May 10, 2024, Uber has a market cap higher than $10B. Let me know.