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DoorDash Inc (DASH)

NASDAQ
Currency in USD
Disclaimer
132.11
+4.00(+3.12%)
Closed
After Hours
132.25+0.14(+0.11%)

DASH Comments

It seems delivery business for food becomes too expensive... and running into deep problems very soon
WSJ "In addition to new laws boosting compensation and benefits for delivery drivers, restaurant protections such as pandemic-related commission caps have been proliferating at the city and state levels. Consumer protections could be next. New laws have been costly for delivery players that have been struggling to generate consistent profits lately. On its third-quarter conference call, Uber , which owns and operates Uber Eats, suggested it wouldn’t absorb all of the added costs related to the passage of Proposition 22 in California. Instead, Chief Financial Officer Nelson Chai said he expected additional wage or benefit costs to be passed along to customers. DoorDash and Grubhub say they are doing the same." https://www.wsj.com/articles/regulators-are-fed-up-with-food-delivery-fees-11610809200
Waiting for the buble pop :D https://www.businessinsider.com/stock-market-crash-bubble-warning-indicators-hartnett-bank-of-america-2021-1
This is indicated on the s-1: “Earnings include tips, measured as of September 30, 2020”They give all tips to dashers yet include that on their earnings revenue to inflate their valuation?!??! This makes their true value even lower. Easy short after lock up period. Dangerous short before 90 days due to low float manipulation by goldman sachs and chase.
Yes, waiting for it to fall down $110-120 then short is probably safer and still have good profit
Goldman Sachs is lead book-running manager for DASH IPO. Their rating for DASH is Neutral at $135 https://www.benzinga.com/stock/dash/ratings. That's very polite
so overbought
DASH (forward P/E = 1439, net profit -13%) is US version of Meituan (P/E = 181, net profit +8%). In best case, DASH price should be 8 times lower, around $25.
Well at $193, DASH $66B valuation is still 4 times higher than Lyft, Seagate. Big pump & dump
It can go below 195
I sold my stake now as it becoming to dangerous for my profit...
DASH stock float (tradable shares): 21M in Jan. 80M in March. 286M in June. Are we going to see $50 in March, and $10 in June? Probably $130 in March, and $66 in June.
Gig-based Uber, Lyft down after Cali Supreme Court rule yesterday on AB 5 law (gig-worker classification). DASH is gig-based. Wondering how long they can push DASH above $200 :D https://www.marketwatch.com/story/gig-worker-test-retroactive-california-supreme-court-rules-11610664242
I'm sure they'll try again next week.  Those 8200+ $230 calls arent in play so who knows?
 i hope people won't fall for that crazy price. They're not profitable even at current $6-7/hour for gig workers. AB5 law and Biden push $15 minimum wage may even break their business model https://www.forbes.com/sites/greatspeculations/2020/09/09/the-emperor-has-no-clothes--ubers-business-model-is-broken/?sh=410dbb30706a
But don't short or call. Big guys (with their analysts) are driving price up & down rapidly. You'll get force liquidition & lose money either way.
DASH earning/share: negative all the way until Q1 2020. COVID peak => positive $0.08 in Q2 2020. Then negative in Q3 2020 (-$0.15), and Q4 2020 (-$0.38 estimize data)
 Most puts are under $130. DASH current float is 21M shares. Daily volume is around 2-5M, less than 10-20% of float. So the current fluctuation is a squeezing game by big guys.
  yes but what are the other 15M shares doing lol.  How much higher do they think this will go?
 it'll go up as long as there're enough brave traders :D Wondering who are buying DASH at this price
What should Uber be priced at then, absurd valuations
1000+ and then 1:10 split, that's the game
Who is buying this ****
This share will implode very soon... there is no doubt
DASH market cap ($61B) today is 2 times higher than Hilton hotel group ($31B). What a joke :D
Reasonable price is around $66 - $165, but there're 87K option open interests expired on 15 Jan. Will be really volatile until then. Better stay away.
good info
Will  it go down sharply today etc. ?
No idea whats driving this stock so high, cautiously trade this. Valuations are not ar all justified
Champak Jain, u don't know much about investment, monetarism, stocks, digital assets
i presume u are betting this to move to even higher levels, good luck i dont think thats wise
Short this stock
Ridiculous jump driven by option trading (87K open interests expired on 15 Jan). Reasonble price should be between $66--$165 (analysts average target). But don't short. They may drive price even higher to force liquidition.
170 next week overbought
Expecting anything between their IPO price $102 and $165 (analysts average target)
Actually it’s generous price. If estimate using Price/Sales vs. its peer, DASH should be around $66 :)
WOW!!!  Sure wish I bought at 168.00
This is not real. Short sellers are currently lying to each other.
Any news/prediction for this stock tomorrow?
Up $20
u don't know much about investment, monetarism, stocks, digital assets
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