This Week in Steady Trade with Tim Bowen.

Why don't you just shut the hell up?

Welcome back to this week in steady trade.

So the focus of this week is the Lyft IPO.

Definitely interesting idea here.

A lot to talk about, a lot to unpack, and then also a couple trade opportunities.

Now, obviously, Lyft will not be going public until next week at this point, at the date of

recording. It is the 20th, the expected IPO date. Last I saw is the 28th. these dates can kind of move around but I want to

talk about the idea behind Lyft why it matters why we care some of the past stocks that we have

that that I kind of consider as matches to this you know in price action as well as hype.

And then we'll wrap up with some actual trades that are kind of sympathy trades to this stock

that you could look at trading right now.

So referring to an article out of the Wall Street Journal, I mean, these are all

numbers you can pretty much find anywhere, whether it be in stocks to trade or Wall Street

Journal or even free news sources. None of this stuff is proprietary, but they're planning on

selling 30 million shares at a range of 62 to 68 million, so that's going to be the initial offering price.

Remember, these numbers can change, but they're looking to get a valuation of roughly $20 billion on the company.

Currently, the private valuation is $15 billion based on the private investments that they've

raised through uh you know venture funding private equity etc now this will make uh lift a decacorn

is is the the name in kind of i guess you'd probably call it more of a Silicon Valley term, but,

you know, stocks that went public with a valuation of $1 to $10 billion.

So the reason it's decicorn is kind of a play on unicorn.

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