What they should be enforcing is the requirement of a medallion for operating a taxi. Is a Uber car a ride share or a taxi? The answer is they are one and the same.
Fear of rising interest rates has affected most bond funds lately. However, since JFR's bonds are floating rate, it seems to me that such an event should not be an issue as the value of it's bonds should not drop and the fund's dividend payout should increase. The main risk to JFR should be a recession, but with the economy growing, that does appear to be in the cards. Comments?
I think when that happens we will finally see the beginning of the positive action in URA we have been expecting.
Uber is not a ride share or technology company. They are clearly a Taxi company and their claims otherwise are garbage.
Fact is there has been significant Insider buys of the stock for some time now (and no sales). They are investing their own money in the stock. This should give confidence to the long term holder of the stock.
Meanwhile, the Company's earnings estimates continue to be raised by the analysts, the Company is buying back stock, and has raised the dividend.
"Ride Sharing" - what a joke. Uber isn't a car pool with a van taking riders to work and sharing expenses. It is clearly a taxi service where the taxi is the driver paid by a business (Uber) of a car called by a customer the driver does not know whose payment goes to the business and who wants to go to a location the driver would otherwise not be going to. This is just a SCAM to get around government regulations, insurance, driver background requirements, car requirements and maintenance, etc.
And you expect us to believe you? Why spend the time commenting on a stock for which you are not an owner unless you are a short.
Agree except it should also change the Company name to more reflect the diverse nature of its business.