Uber Crash

What’s Eating $Uber? -Massive Lock-Up Expiration, Lack of Earnings, Ill-defined Business Model?

Something unusual will happen Wednesday Oct 6. Uber will have the biggest lock-up expiration in history.  RBC Capital Markets analyst Mark Mahaney estimates that 1.7 billion shares will become…


No Time For Heroes

The Insiders Fund, went 80% to cash last Wednesday in part market-driven, in part disillusioned with the likelihood of a China trade deal.  The Fund had a great run up this year, over 24%, and now…