This entry is a set of notes related to Lyft.
12 – November – 2019
Positive points found
- Strong hand is buying.
- Q3 data improves the date when Lyft will be profitable.
- Price < EMA 50
- Low debt company.
- Future cashflow value of the company estimated in 150$
- Individual insiders owns 5% of the company.
Negative things found
- Company losing money
- Market has low trust on companies as Uber, Lyft and others from same sector.
22 November 2019
I sold them on November 15th, at 43,34$, That Friday I assumed a bearish market and I sold them to protect that minimum margin. I was not patient enough.