Jun. 23 at 2:28 PM
@McNick
$LMND balance sheet is slowly decreasing, meanwhile every quarter that goes by,
$ROOT balance sheet is improving.
not to mention
$LMND does not have the partners that
$ROOT has built.
$ROOT now has over 20+ major partners( a recent development) including
$CVNA $GSHD, Hyundai, Experian, first connect, etc.
the trend will continue, and
$ROOT will soon have their moment over
$LMND.
$ROOT should be trading at a multiple valuation over
$LMND but it trades at a 65% valuation difference. when the market doesn't make any sense, you buy the discrepancy.
$TSLA