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Re: Uber Files For IPO, Discloses $12 Billion In Losses Since 2014.LOL 

By: micro in POPE 5 | Recommend this post (4)
Fri, 12 Apr 19 2:33 PM | 51 view(s)
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Msg. 30040 of 62138
(This msg. is a reply to 29997 by capt_nemo)

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HOW does a non publicly traded company rack up 12 BILLION DOLLARS of debt and still be in business?

IF one invests money into this stock kiss your money goodbye...... WHY would anybody invest in something that simply hemorrages cash?


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The above is a reply to the following message:
Uber Files For IPO, Discloses $12 Billion In Losses Since 2014.LOL
By: capt_nemo
in POPE 5
Thu, 11 Apr 19 11:03 PM
Msg. 29997 of 62138

I guess filing IPO is one way for paying down their debt. CRazy!!!!!!!!!!!!!!!!

http://feedproxy.google.com/~r/zerohedge/feed/~3/qzNUBgH9p5Q/uber-issues-first-public-filing-ahead-ipo-3-billion-2018-operating-loss


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