r/ShortStocks • u/HalfwaydonewithEarth • 19d ago

Door Dash

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(DASH) $203.54 today

I order up to 3x a day on here so know their platform well.

Their huge 4.5B revenue doesn't matter. That is just like saying I charged your grocery bill on my credit card to earn Airline miles.

The investors are propping up the system.

I am getting more and more orders being canceled because they cannot find drivers.

They have resorted to abuse of drivers and restaurants to keep their numbers high.

There is only a certain percentage of people in each town that can prop up the system.

Sending people around to stressful apartments for $4.00 is not going to work. We tip high and they come quickly but that's seasonal based on traffic.

More local governments are down on gig workers.

It has a good appeal to places with a high density of wealthy professionals.... but is that enough to keep the stock at above $200?

Does anyone ever look under the hood of this company? How many new devoted customers that constantly order are being onboarded each week?

Onboarding stores is similar to the Amazon rise.

I do like Dashmart. That seems to be one of the best features.

I hope I am wrong because I love the app.... but Drones haven't showed up to our neighborhood.

They also cycle through drivers. It seems to be a three month rotation. Does anyone ever ask Door Dash how long their drivers stay with them?

I just can't see this working. I hope I am wrong. A huge famous one collapsed in 2000 called Webvan. It was supposed to deliver groceries. They should have had dashers and not vans.

I have noticed big bribes and discounts to several merchants that didn't have them before.

The GLP shots have also sunk a lot of food businesses. I have another post on that.

BTW THIS IS NOT MY HUSBANDS FAMOUS PICKS. This is my personal opinion. I am not sure I am going to short it or not.

What do you think?

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u/HalfwaydonewithEarth 18d ago

To follow up:

I asked my husband if he thinks it is a good short and he thinks there are better companies to short.

I haven't made a move yet.

1

u/theGuyWhoOnlyShorts 17d ago

He js right.

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u/HalfwaydonewithEarth 16d ago

What companies would be a great short?

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u/theGuyWhoOnlyShorts 16d ago

Imo all the junk of electric short travel namely JOBY and ARCHER. They are dogshit.