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I never denied the flexibility of Uber. In fact, I even mentioned that Uber allows the driver to return the car with 2 weeks notice if it didn't work out. Of course you'd have the freedom to drive in Fargo, or Beverly Hills, or wherever. Just as you can take your laptop and trade from a hotel...

Remember the bid in 2008 for YHOO? Softie offered a staggering $44.6 billion at the time. The deal didn't go through as Jerry Yang, former CEO of YHOO rejected the $31/share offer. YHOO shares ended up dropping over 50% before Mayer eventually took the role of CEO at YHOO and grew the firm...

A guy with say a 2010 Ford Focus that's paid off may last longer than a guy with an Uber Xchange new Corolla running a similar shift in the same region, even if both take $4 piker fares while doing a few airport runs. Which driver is more likely to churn and quit? The entire article resorts...

Since you always "chat the driver up" regarding pay, the next time you're in an Uber in several US cities, just ask the driver the following question: "If you had to pay Uber $140 to $200 from your weekly check to drive this car, would you still say the pay is OK?"

Look, this isn't rocket science. From the two articles posted in this thread, it's easy to see that the Uber Xchange is catering to those with poor credit history, many of them being immigrants, just as the Payday loan companies who reap 300%+ interest rates on those who are desperate for short...

Ya, the rule changes make it much less appealing. As I posted earlier, there's a cost to acquire talent. Having a lot of funded traders without adequate capital is a liability for the firm. Proptraders probably got nervous when they realized that some traders WILL actually pass the thing...

See post #197 by ktm. If she was "already fudging the numbers" then it's all going to be revealed at the jury trial. If what ktm posted is accurate (and there's no reason to believe it isn't), then Karen doesn't stand a chance at trial going up against the SEC if she was deliberately fudging...

I guess we're playing with semantics. "Featuring", "promoting", "advertising", "interviewing" etc. are one and the same. They definitely boosted their ratings with the second video, where TT spent a lot more time talking about specifics, including dollar amounts, capital raised, and win/loss...

Of course nobody is being "forced" lol! I used the term "indentured servants" as a figure of speech. The articles posted are regarding the lease terms, and whether or not they are favorable. Some Uber drivers took the lease because they felt they "had no other choice." Paying around...

However, if one is paying $640-$800/month just for the lease to earn the supplemental income, then it becomes less enticing, especially starting a business with a heavy attrition rate. My guess is most drivers just haven't spent the time doing the math. Here's an interesting link from Uber...

You can prove it to yourself. Find Uber drivers who are willing to share you their numbers or reveal exactly how it works. Then you'd figure out how they're getting hosed.

Leases have very specific mileage restrictions, however everything is negotiable. Having leased cars for over 20+ years, here's my experience: You can specify the mileage you want PRIOR to the lease, so if the advertised terms are "12k/year" you can sign the contract for 15k/year, or even...

Nice going on passing the combine and funded trader prep. :thumbsup:

TDA bought TOS in 2009, and thus acquired the customers of TOS. Tasty Trade wasn't formed until 2011, which is owned by Dough, Inc., a financial content firm. Although TD Ameritrade did not directly promote her services, it doesn't negate the fact that TDA was the owner of TOS during the time...

Question 1: Fidelity does it already! It doesn't make you confirm each time, only reminding you that you signed a disclaimer confirming you understand the risks associated with the product. Question 2: Probably a good idea for newbie investors. o_O

The article cites potential restrictions on the 3x funds, which I agree are "absolute trash." These funds have clearly written sentences in bold print on their fact sheets and prospectuses that they seek investment returns for a SINGLE DAY. The article quotes Proshares and Direxion claiming...

lol! It was a bit too early for the Ballantine's with my morning tea when I mistyped the post.

It would surely be a most watched segment! I'm sure the attorneys have advised her not to comment during the SEC investigation.

Yes, it's high, and it's being compared to sub-prime leasing. UBER is basically a public service. These drivers paying $160/week for a Corolla are barely making minimum wage when all factors are considered (see Bloomberg link) . Once the infrastructure is built and autonomous cars become...

Valeant's $30 BILLION in debt is killing them, and the stock as well. Today's earnings miss doesn't bode well for the "long term" shareholders. BUT...if you believe in Bill Ackman and his planned turnaround strategy of the board, then buy the farm, lol!