I told ya so Stoney. Remember I said buy a 3rd and wait a day. Re: LAZR Well the stock has come too far in a few days of trading, but LIDAR is not a fad. In a few years time every new car is going to be using this stuff, autonomous or not. It's a critical element in making cars safer. From what I'm reading, this kid has the holy grail. Like I said, I don't think Volvo would jump in bed and sign an exclusive 10 year contract if it wasn't a big deal. There's heavy-weight VC's behind it too. Ahem!!!??? Nasstassia is Zooming with Yullia and she just forwarded that. You are not making any points with her.
SHORT REPORT-! C) Luminar Technologies shares drop 3% after short-seller Citron calls stock a 'suckers game' Dec. 08, 2020 10:55 AM ETVelodyne Lidar, Inc. (VLDR) Luminar Technologies (NASDAQ:LAZR) shares drop 2.8% after a Citron Research tweet that calls the company a "suckers game" and recommends Velodyne (NASDAQ:VLDR) shares instead. "$LAZR at $14 bil ($40) is not even a casino stock...you can actually win at a casino..it is more of a "suckers game" Would much rather own industry leader $VLDR at less than $4 bil mkt cap. Citron expects $LAZR back at $20 and $VLDR at $30," tweets Citron. Velodyne shares are up 17% to $22.04.
Yeah... but they'll value Door-Dash at $45Billion. Global auto sales are about 80 Million in average year. Not saying they'll get the entire market obviously, but even a fraction of that, say 10% puts that market-cap at about 10X sales if their system costs $500. Given there's 90% of the market left to tap into.... I mean... pfff.... I'd rather buy it than Door-Dash. Apparently people forget how bad Grub-Hub was doing before Covid.
Van my DoorDash spend is through the roof. In fact they actually called the house and asked my wife if we are a corporate account & that they give discounts to corporate accounts. Unbelievably, She said No. Check this out-- talk about scraping the tequila barrel- Mexico-based advisory firm's second SPAC DD3 Acquisition II prices upsized $110M IPO Dec. 08, 2020 5:31 AM ETDD3 Acquisition Corp. (DDMXU) The second blank check company formed by DD3 Capital Partners, DD3 Acquisition Corp. II (NASDAQ:DDMXU) has priced its initial public offering of 11M units upsized from 10M units at $10/unit. Trading commences today on Nasdaq. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant at $11.50/share. Underwriters' over-allotment is an additional 1.65M units. The company also entered into forward purchase agreements for the purchase of an aggregate of up to 5M shares of Class A common stock with certain funds affiliated with Baron Capital Group, Inc. and MG Partners Multi-Strategy Fund LP. The company intends to focus on businesses in Mexico and Hispanic businesses in the United States. DD3 Capital Partners' previous SPAC, DD3 Acquisition, went public in October 2018 and completed its acquisition of Betterware de Mexico (NASDAQ:BWMX) in March, 2020.
I saw that. Stephanie likes XPO. She's good, she's had great picks over the years. Always solid stocks.