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Technology Stocks : Peer-to-Peer, Gig and On-Demand Economies

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Recommended by:
Glenn Petersen
To: Glenn Petersen who wrote (816)12/10/2020 5:55:21 PM
From: Doren1 Recommendation   of 851
 
Anyone else thinking DoorDash is the perfect company to short?

Unemployment surges. Covid cases at all time high expected to surge to worse levels. A no deal Brexit seems certain. Trade wars. Deficit spending through the roof. Stock market near all time highs. And DoorDash IPOs with a Market Cap of 70 billion dollars... a company with no proprietary tech, no barriers to competition, plenty of well financed competition, no profits, no expectations of profits. They deliver burgers. -----


And eventually the pandemic will be over.
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