The new normal can change the second NYC makes uber adhere to the strict regulations imposed on the cabs. I think eventually they will have to. Right now they are a bogus "disruptor" because they are providing the same service with out the same regulations. It is a crime really. Remember those regulations are in place for a reason. My two cents.
OK, but you realize that this is priced into the stock right now? Seems to me that the difference in rules for taxis and ubber is mitigated by the fact that you will not support a family in NYC with ubber wages. You can with taxi wages. And so far I have not heard of a report where NYC will be dropping medallion requirements. Seems like a loss of revenue for the city. I guess what I am saying, right or wrong, is that the bet is this is the trough.
If Scottrade's numbers are to be believed they earned over $14 a share last quarter. I see very little debt and a #$%$ load of earnings even whilst in the midst of this ridiculous sanctions, and tough spot with oil. I like it here and picked up some shares. Have traded this stock in the past with a lot of success.