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SOFTBANK is unloading to raise cash .
Ok, not sure what Im missing.
This stock is scary.
I’m putting a short order for 86.5 .
Headline: Doordash Beats on Q2 Earnings.
No it didn't. In fact it is a huge miss. So what's going on? The reporter chooses to say that revenue beats expectation but didn't mention a word on earnings, while behind her the screen shows an "adjusted EPS" of -8c vs the expectation of -9c. Nice job. (Barrons chooses to lie outright. It claims that Doordash "smashes expectations", reporting a 31c loss vs an expected 41c. The 31c is actually the loss for the quarter a year ago. They didn't change that until this morning.) Back to Yahoo! Finance, the reporter proceeds to say "another good quarter... margins held stable, not expansion, but pretty good", which means he didn't tell us that gross margin drops a whopping 10% and operating margin drops 9%. Only one (MarketWatch) out of 10 news report about the event chooses to mention that Doordash is below expectations in EPS.
BTW, let's be honest. Is it the first time you hear about Doordash's 10% drop in gross margin? No one talks about it.
People spend hours waiting for the delivery requests. Waiting is a waste of time. So why would any one use its car to work for Garbage doordash? lol. They can make more money elsewhere.... doordash will be $5-10 stock at the best in a year time. SHORT it lol
I kid you not.
I did thorough research. doordash is a garbage, money losing company lol
I conjecture that they falsify its financials..