Been watching some TV & Hacks is very good I'm not sure where that is may be HBO+ Just starting something called Sweet Tooth and I HIGHLY recommend it-- It has really caught my attention. Taps into the virus in such a interesting way and the plot line is so smart.
Lemonade's cash, cash equivalents, and investments totaled $1.2 billion at March 31, 2021 as compared to $578 million as of December 31, 2020, primarily reflecting the net proceeds from a follow-on offering of approximately $640 million, partially offset by $40.3 million of cash used in operations. Lemonade has no debt. Meet AI Jim-! AI Jim: Jim is Lemonade's claims bot that has the ability to 'understand' the nature of claims, their severity, and whether or not the user is in a state of emergency. Jim handles the "first notice of loss" for 96% of claims as of March 31, 2020, and in approximately a third of cases can manage the entire claim through resolution without any human involvement. AI Jim also tries to assess the likelihood of a claim being fraudulent and uses years of behavioral economics research to help create an environment in which people are more honest. To file claims, customers simply uploads a selfie video and AI Jim, will handle some claims automatically. Recently,AI Jim had controversyaround Lemonade's assertions that the AI was capable of detecting customers lying about claims. Ultimately, Lemonade had to backtrack and indicate that selfie videos are only used to identify people.<--Yea right!
Why it's tough to be a short. Jesus this Muddy waters got his ass kicked! $59-->$100+ Muddy Waters says Lemonade 'blatantly lying, sees 'big big flag' 05/13 LMND Muddy Waters Research said via Twitter: "Here's the thing with $LMND: we hadn't gotten far enough to have an opinion of them other than they're callously indifferent to securing customers' PII. Now we see them blatantly lying. That's a big big flag." Lemonade co-founder says quotes designed be shareable, not vulnerability »05/13 LMND Lemonade co-founder Shai… Lemonade dips after Muddy Waters announces short position, cites security flaw 05/13 LMND Shares of Lemonade were down $1.17, or 2%, to $59.00 in pre-market trading after Muddy Waters' Carson Block disclosed that his firm is shorting Lemonade after finding in the course of doing "fundamental business research" that the company's site "contains an unforgivably negligent security flaw that potentially exposes its customers' personally identifiable information." The company "clearly" does not care about securing its users' personal information, Block contends. Lemonade's failures "possibly implicate costly legal and regulatory breaches," Block argues in an open letter to the company that he posted on Muddy Waters' website. In the letter, Block calls upon Lemonade to "take its site offline immediately and fix the vulnerability.
But unlike you on this one, while I too am the quintessential contrarian at heart... I also know when to not piss in the wind. We're sitting within 1% of all-time highs on every index across the board there Mr. Swami.... ...Nay-saying for the last 10 years has proven itself to be the exclusive province of incredibly intelligent... incredibly astute, incredibly insightful.... broke ass mother f'rs. So whatever. You know all. Keep telling yourself that Stoney. Just make sure your generational wealth is invested in VZ's 'gummies for grandma' (G4G) portfolio. _____________________________ EDIT... ....re lemonade at $104.... pffffffff ...... its a friggin crapshoot dude. It swings $30/daily. This is not an educated pick... this is a casino black/red. Explain to me why you can put this # on LMND. Watch the thing drop 30%. Its a game bro, your intuitiveness is based on a gambling mindset. Like I said, hedge that generational wealth with my picks. Then you'll be fine. Play the bs with the gravy like moi. Doubts? Do me a favor then Stoney.... update this post's price quotes: https://www.elitetrader.com/et/thre...-dividends-that-might-be-worth-a-look.341798/ That's what's called "knowing all". it's one out of dozens. And I don't even give a f. Let alone brag. Now focus on biotech and make us some money.
Oh yeah, while I'm at it here... one more thing. When we kicked off this thread on 1/1/21 you asked for one stock. I gave us SNAP. It was $50ish. OMG... it's only $63 now. Why did I bring this up with a "dog" that's only up 20% in 6.5 months?..... BECAUSE ITS A SURE EFFING THING.... Cramer coined the word FANG.... Then FAANG came along, add one more. Its all stupid. But I will stand behind this post forever.... BUY SNAP. Your just gonna have to trust vz on this one. Unlike Stoney here, my intuition actually has a pedigree. Buy, hold, and just completely forget it. $SNAP Check back in 5 years. You'll smoke every market metric. *****EDIT... and yes, I do own it. I'm not friggin stupid.