Doordash will get smashed!
1) Currently unprofitable
2) Amid the dropping revenue, Co-Founder XU takes half a billion in compensation, that's unheard.. This guy is milking as much as he can before the cow gets old
3) 14x the book value, but hey, these days everyone is flying way above their fair values, so what? Well lets compare to the main competitor the UBER then. While uber is undervalued, doordash being overvalued is odd.
4) Total of 10% of all shares outstanding were sold within 3-6 month period. Not a tragedy but still, 10% man, not just some pennies we are talking about.
5) Upcoming interest rate hike and tapering is all hanging on the price right now adding extra weight for stock to pull.
2) Amid the dropping revenue, Co-Founder XU takes half a billion in compensation, that's unheard.. This guy is milking as much as he can before the cow gets old
3) 14x the book value, but hey, these days everyone is flying way above their fair values, so what? Well lets compare to the main competitor the UBER then. While uber is undervalued, doordash being overvalued is odd.
4) Total of 10% of all shares outstanding were sold within 3-6 month period. Not a tragedy but still, 10% man, not just some pennies we are talking about.
5) Upcoming interest rate hike and tapering is all hanging on the price right now adding extra weight for stock to pull.
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