Uber Alles

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Money-losing unicorn UBER is said to come public on Friday. What an environment for that to happen. We’ve got (a) the most overinflated market in history; (b) the wrecking of the China deal (c) the total flophouse of the LYFT IPO. I guess they might as well find retail bagholders while they can. Anyway, LYFT is down nearly 40% from its IPO launch, and here’s some recent intraday action thanks to my beloved SlopeCharts: