Dec. 12 at 9:07 PM
$GRAB
Bought another ~
$50K worth of
$GRAB today.
I have over a
$350K+ position at a
$4.73 average price per share.
1. My wife is from Southeast Asia, and we use
$GRAB every day when we're there
2. Technical analysis is building a "base" - getting ready for upside next year
3.
$UBER tried to compete, but lost, so it bought 10% of
$GRAB instead
4. It is the
$UBER + Venmo + DoorDash of SE Asia
5. Average analyst target of
$7 -
$8 in 12 months
6.
$GRAB rumors to buy and merge with Gojek
