Insight Acquisition Corporation (INAQ) News

How come the stock hasn’t traded in a few months?

Ready for a nice quick short here

Ready to run

Awesome , Great to hear all is well.
My kids little but I’m teaching them also ..lol :)
Yeah I’m still learning new things every day , had some rough months with trading but starting to turn around ...


Hope you feel better stay away from doctors ... ;) s

it's going mostly okay, if i could keep the doctors away it would be better... gettin older hahahaha, but that saying about one's health is so much more important than --------
love digging in on dd, and have learned so much about this game we play in, of course so much still to grasp hahaha... yet i have been pretty successful with picks, moves, diversification...
turned my 3 sons on to market and they have taken to it like a fish in water, that makes me happy for them to start at a younger age.
heck they turn me on to outfits to look at --- it's been fun and more bonding.
hope you have been well and of course some piles of jingle buried all over your property... hahaha
cheers

Yes ... how’s it going :)
Nice to see you

hey madd, what's up big guy..
this baby quietly rising .... hahaha
got a shot at being another winner
do you ever follow chamath palihapitiya ???

I just added after hours ... this could be big for people looking save money ..

Some "guru" on Fox business recommended this stock on the air earlier this week.

slow and steady. up from 13.Should have a good 2021

Had to give a little back today.

Expecting big things in January here.

Hello!!!

Nice green again today. Going for $20+ here

Nothing like feelings to get in the way of money.

This means you HATE making MONEY.

I wanted this stock as i think MEtromile will be a success... But i HATE Mark Cuban... so for that... im out

LETS GO!!!

This company will be huge. A complete overtake in large Chuck of the insurance market with a great business model.

cheers...

Started a position at 12.30 for over a week now.
Small position, will add more as I can afford to do so.

I see the Space like this:

People in a city ride ubers, take lyfts, walk, carpool, take the train, ride the bus, hail a cab, ride their bike, take their scooter, take their motorcycle, and lastly, fly.

Now, who in the city owns a car today of all age groups?
Next, who in a city that own's a car wants to pay car insurance when they don't drive much, or rarely drive, or don't drive enough to warrant some of the astronomical automobile insurance rates some companies charge?
Next look at current stock price values below.

PGR - Progressive: $93 ps
All - Allstate: $103 ps
TRV - Travelers: $135 ps
CB - Chubb: $150 ps
MET - MetLife: $44 ps
LMND - Lemonade: $88 ps

Now look at those stock prices. LMND ipo was this year, around 30-40 I believe, look at it now. It's insurance all online and via their app. A buddy of mine just used it for renter's insurance and he raves about it. LMND isn't for auto insurance, but INAQ's Metromile is the same concept for automobile insurance. Now let's say Metromile is 70% less valuable than All State or Lemonade, that's about $25.00 ps if MetroMile is 70% less valuable than Lemonade, $30.00 ps if 70% less than All State.

Now we haven't even talked about Warren Buffet/Berkshire basically owning Geico insurance have we? How much money and value is there and has been created over time?

Well then, let's now Introduce Billionaire Shark Marc Cuban and the slick Chamath Palihapitiya investing in, and promoting MetroMile. Boom!

I love this, even though a lot of speculation. EV vehicles are all going to need insurance just like the Gasoline vehicles have for years.

As long as Metromile does right by the customer, as long as the process is easy, as long as claims go as smoothly as Geico or smoother, this is a huge play I believe.

I haven't even thought about those living outside of the cities. I'm sure there will be pro's/con's to those future and current customers too. Probably more Pro's than con's.

I'm in. Post a reply to me in a year. I'll be reading all the comment's. I'm in, not getting me out of the rocket ship.

cha-ching...

This is really under the radar and its early in the game. A great time to get in.

Metromile, an insurance-focused fintech powered by data science and machine learning, on Tuesday, formally announced its intent to go public.

As part of the development, Benzinga chatted with Metromile communications director Rick Chen.

About Metromile: Founded in 2011, Metromile caters to non-traditional car owners, such as those that use transportation services like Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT). The company’s pay-per-mile auto insurance leverages big data and intelligent systems to tailor rates to driver behavior, resulting in lower premiums.

Additionally, the company licenses out its core fraud, underwriting, and AI technology to help insurers automate and digitize their processes.

“At our core, we’re a data science company, and so we’re able to just be more agile and help other insurers kind of see that light,” Chen said.

What Happened: In partnership with INSU Acquisition Corp. II (NASDAQ: INAQ), a SPAC sponsored by the insurance-focused Cohen & Company Inc. (NYSE: COHN), Metromile announced it will become a publicly listed company that would trade on the Nasdaq exchange under ticker “MLE”.

Lead investors include shareholder Mark Cuban, as well as Social Capital, led by Chamath Palihapitiya, which tweeted earlier that the insurtech is disrupting car insurance.

Mark CUBIN has invested $160 million here for affordable car insurance.

Investing in disruptive technology in car insurance industry backed by Chamath and Mark Cuban

we have a game changer here....
people backing this play are winners.
first quarter of 2021 ticker symbol will be changing as merge deal should be completed.
glta