Aivern
2022-03-17

I love these daily bs articles. There is this need in stock market news to attribe daily fluctuations to concrete causes and effects, as if things were so clear cut. Grab is still a terrible company, but it's definitely worth more than 3 bucks.

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Comments

  • JesseRW
    2022-03-17
    JesseRW
    why would you say that? Could you explain it to me?
    • Aivern
      they have no clear path to profitability by end 2023(which they projected in their latest earnings call) except for the digital bank license.
  • JustinCooper
    2022-03-17
    JustinCooper
    3 bucks? I don't think it worth that much. 1 buck is OK.
    • Aivern
      then you go and short the stock. dont need to flex to me about your price prediction lol.
  • YTGIRL
    2022-03-17
    YTGIRL
    Well... I think Grab is not as bad as it looks, it still enjoy a large market share.
    • Aivern
      i think it's about right where it is now. they are growing their presence but they are bleeding cash like nobody's business. the problem is the project profitability by end of next yr which is... nope
  • AaronJe
    2022-03-17
    AaronJe
    Grab is still a terrible company, I don't think it's definitely worth more than 3 bucks. lol.....
    • Aivern
      haha yeah they are terrible with a morally questionable management team. i think the current trading range is a fair price for the business at the moment.
  • HilaryWilde
    2022-03-17
    HilaryWilde
    So you are optimistic about grab or not optimistic about it.
    • HilaryWildeReplyAivern
      Thanks for sharing, are you planning to hold GRAB long term?
    • AivernReplyHilaryWilde
      i have sold puts for next year and covered calls. dont really care about keeping the stock but i'll be doing this till the price reaches 5bucks then i'll move on
    • Aivern
      i think it's trading at a fair price now so it's a good option play for cashflow.
  • BurnellStella
    2022-03-17
    BurnellStella
    For me, the fluctuation of stock price is only related to the in and out of funds, not the news.
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