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Metromile Inc

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You can say that to console yourself and to protect you from feeling FOMO. But that’s not how the cycles work kid. And these are not penny stocks and on top of that they evaluation is not even high enough for them to even afford to be cut in half instantly whenever growth is about to flat line. investors see it coming a mile away so that growth never gets priced in in the first place if it is going to flatline. and for something to come down, the first have to be at the really high evaluation, which they are not at, at least not yet which will warrant a PE cut. But if you don’t have high multiples and growth comes down to zero, there’s nothing to cut. Learn how multiples work before you speak. And of course, how cycles work.
You obviously haven't seen a 6-mile long procession of Dutch caravans driving 36 hours across Europe to get to a €1/night camping ground in Moldova.
I could see the CAR crash coming from a mile away and didn't have enough money for even a single contract the prices were insane.
The only airline i ever flew who went the extra mile to help people with tight connections. RIP
I bought those calls in August 2025. Funny story as to why. I was first getting into trading in 2023 and was talking about flipping $2 stocks that I thought would double. So I was trying to double 1,000 dollars. My friend said I was dumb and told me to buy AXSM because he did research. It was $74 a share so I bought 13 and then sold immediately because I didn’t think it was good (he put in 10k). Fast forward to 2025 and I learned about calls and was doing ok on some tech stocks when I remembered AXSM. I did slight research and I’m a sucker for these articles (googles AXSM and hit the news tab) that say the stock could go up. At the time they were saying as high as $260 a share. I said fuck it and bought the longest call I could. Then I started hearing about the FDA stuff and heard they had a mile point at 4/30/2026 and my goal was to hold until at least then. Pre-conflict I was +20k and my wife got mad when I didn’t sell and gave me the eye when it dumped to +7k. But today (I was tempted to hold longer) I decided to take the win and see where I can invest next. I dabbled in futures and got my butt kicked so not there. Overall I started with 15k last year and am at $61k (now with a large tax burden)
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