What to do with Uber

I am right around break even on UBER. I bought in right before that waymo news hit and then GM dropped cruise which knocked the stock down to 60. There has since been a lot of talk about how Uber is going to get disrupted by robotaxis, Tesla, and google. Luckily, after a streak of bad news uber finally started getting some upgrades and even Announced an accelerated buy back.

That said, recently there has also been rumors of Lyft getting bought by Amazon. If that were to happen I think it would be be very negative for uber. I am contemplating bailing out here break even as this company seems to be in the crosshairs of potential disruption. As it stands now they are crushing it and in the near term will probably continue to do so. I’m just nervous waking up one morning to another robotaxi headline or Lyft getting bought by Tesla or Amazon.

Is Uber a hold or sell?