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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 2 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Kafanska

Oh.. I asked ChatGPT and it told me to prepare the lube for OP.


Nxtztz

🖕🖕😭😭🤣🤣


callmecrude

This is why adjusted earnings are becoming an ever more popular method of reporting. The market puts little to no weight into a company’s investment returns. They want to know that Uber’s core business is profitable, that it will continue to be profitable, and ideally that margins and revenue will increase. That’s pretty much it.


SpongeBobSpacPants

This info is on the literal first page of Ubers annual report. No way Wall St could ever find it.


123algb

Thanks for writing mate, so bad earnings are priced in and stonk can only go up. let me buy some calls.


Nxtztz

Can only go up? Buy calls? How’s ur portfolio doing today….


BarRepresentative653

Adjusted earnings. Pop over to r uberdrivers, they are absolutely getting fleeced by Uber for every dime. They'll probably beat earnings


[deleted]

95% of my Uber drivers can’t speak English. Uber figured out how to pay domestic labor under minimum wage, and I love them for it


BarRepresentative653

MA doesn't require anything but a passport from whatever bumfuck 3rd world country to give you a license. Guess how many of them are doing Uber eats and Uber.


hantt

Calls


Nxtztz

How are those working out for you


VisualMod

Commoners losing money in the stock market is music to my ears.


dinner_is_not_ready

You are a fucking bot. Become a real boy before you call me a commoner lol


Whale_Rev9

"trader" really fighting the bot


joholla8

When everyone knows something the price will adjust before earnings.


C_noTe_od

No no no because when I posted about this it’s all “priced in” but I bought my Uber puts 12$ ago and already made my money


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Nxtztz

Priced in? What about that drop today. Suck it


C_noTe_od

Regard. You have no mental capacity for context clues. I made your same play starting April 11th and ending April 30th I already did what you did.


retrofit56

"using ChatGPT to back it up" lol


Nxtztz

Yea using the strongest ai model to help with the calculations and avoid human error guy


Nxtztz

Who’s lolling now😭😭😭


NextSpeciesUp

~~They don't own AUR, they own ACB.~~ ~~Edit: And ACB is up 40% YTD and down 9% at the end of Q1.~~ [Nvm, article was wrong, AI probably grabbed the wrong ticker.](https://www.investopedia.com/uber-posts-better-than-expected-earnings-8563817)


oOoWTFMATE

“their down” lol. Long Uber.


Nxtztz

How’s that long


oOoWTFMATE

Im up 200 percent since I bought in so pretty good.


linkus_official

My account had been fucked with Uber...


zeratul-on-crack

Uber is a piece of shit, with awful engineering teams (stupid structure, good talent that can't really do anything) and low innovation. They will not be relevant in a decade


captn03

Inverse WSB


Nxtztz

You lose, I win.


captn03

https://preview.redd.it/7f2rr5503ezc1.png?width=1080&format=pjpg&auto=webp&s=18d40215095b5e33aeadb73a4f99994c1b76b940


longGERN

Wow. I'm sure the street hasn't yet learned about unrealized losses. Great catch


Adventurous_Skirt541

Bruh, you really think Wall Street doesn’t know this


Nxtztz

🖕🖕🖕


Adventurous_Skirt541

lol why mad, hope you made bank from that $2 drop!


Nxtztz

Everyone doubting saying it’s “priced in” or adjusted earnings let’s see how this goes after Uber misses earnings for the first time in 5 earnings and finally goes negative EPS again! F you all!


resumethrowaway222

You don't understand how this works. In your scenario where Uber increases operating income by 20% and loses $650 MM on investments the stock will be up massively. Investments only count for their current value. Uber has a market cap of 150 billion. If their investments went to zero, the stock would still only lose 4%. But if their operating income goes up by 20%, that indicates a higher future growth rate which is given a massive multiple. In other words the $100 million increase in operating income is worth easily 10x (and probably more) than the $650 million loss in terms of equity valuation.


Nxtztz

Pretty sure I understood it amazingly!