Uber’s losses keep growing… and this tiny company is sucking up all that cash
Uber lost $5.2 billion last quarter — and the CEO says they may NEVER make money.
Uber’s main competitor, Lyft, is also losing money. In fact, NONE of the major rideshare brands—in Asia, Europe or the Americas—make...
Many small exploration and production (E&P) companies could still be worthless even if oil prices rise next year according to RBC Capital Markets. RBC’s recent energy note—Surviving The Downdraft--looked at the prospects for 29 US and Canadian small cap stocks.
They are what I call The Zombie Stocks—The Walking Dead. ...
Everyone thinks energy stocks are doing really poorly. But look at the charts of these energy companies—they’re at 52 week highs:
They’re kind of similar aren’t they? That’s because they belong to the same energy sub-sector.
There are three main sub-sectors in energy:
Upstream – the oil and gas producers and service...
Which energy stocks are above their
-50 day moving average
-100 day moving average
-200 day moving average?
The answer--not too many. But the few that are have one simple connecting thread—they are all the recognized leaders in their field.
But I try to differentiate them even further. I own a lot of the...
Plus Products (PLUS-CSE / PLPRF:OTC) already has the #1 cannabis product in all of California, the largest and most competitive market for cannabis in the world – with almost no advertising! They are the leader.
And they are now about to roll out an entirely new line of CBD edibles across the...
The Set-Up: In February 2014 I wrote a story on how the US arm of brokerage Raymond James saw a lot of negatives for Canadian natural gas. Longer term that could be true but in this article OGIB guest writer Shaun Polczer—who was formerly an energy writer at the Calgary...
SPARK ENERGY—EMIN-CSE/MTEHF-OTC has a $4 million market cap—tiny tiny tiny, trading at 6 cents.But it has the largest land position—by A LOT—in Brazil’s lithium valley, where Sigma Lithium (SGML-TSXv) is building their lithium mine that will be in production late this year. Sigma ran from $1.50 - $54 in the lithium boom...
Renewable stocks are flying this week on the heels of a big new bill about to pass through Congress.This deal--worth almost half a trillion in spending--is a long-time coming. Democrats have been infighting about a spending bill since last year. Senator Joe Manchin has been the key hold out as...
