Isn't that the question?
What's to make us rally?
Forget about it. We are waiting for the Chinese to blink and as the mainstream media would tell you "They play the long game. They will wait 200 years."
You know I disagree with this. A communist government always hangs by a thread, even a capitalist- communist government like this one.
Lyft (LYFT) ? Oh please. How much money can you lose in a quarter? I just want the cash flow, and more important, the cash burn to be smaller.
Uber? Yeah, all of this is really conducive to a boffo deal.
Right now I don't see anything to stem the tide other than the prophecy of lower prices.
Sometimes that's just what it takes.