I am with you permabear I been loading up
it been price like it has no future
remember Uber if face the same regulation and tax and insurance isn't cheaper
and I am not dismissing Uber, it is convenience, cool tech and talk of the town, but all CAB really has to do is up their game and make catching a CAB easier and they going toward that goal in some way already.
from cash flow and earning it hasn't make much a dent and CAB has been assault before
remember back some years ago Macquarie Bank join the payment game and said it going to destroyed CAB
it turn out MacBank couldn't do it and lost the game and abandon the work.
we will see in 3-5 years from now who comes out on the other side better
CAB Price at posting:
$3.13 Sentiment: Buy Disclosure: Held