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Uber IPO: 2016?

ASHOOR

Administrator
Staff member
When Facebook came out, I wasn't much into investing. But I did talk to my friends who were into investing and they dismissed it, thinking 'it is a fad, it will go a bit but crash later' .....

I never bought the stock of course, and in hindsight, I wish I had...

Same with  LinkedIn before that, where I wanted to get in, but unfortunately I didn't have the money at the time. I understand LinkedIn has come down in the last few months, but still, at $124, it is still a great investment considering it started trading at around $45!


And that brings us to Uber. Sooner or later, they will have their IPO and start trading publicly. This time, I am not missing the boat, no matter what. Given how popular Uber already is-and I understand there is no guarantees when it comes to equities-it is highly likely that this will be one great stock to own for long term investment.  Some have put Uber's value at a whopping 50 billion already.

ASHOOR

ASHOOR
 
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