LMND: Earnings play via /r/wallstreetbets #stocks #wallstreetbets #investing


LMND: Earnings play

Sup Autist,

Trying to work out whether to hammer puts at 3:59pm today in anticipation for earnings miss.

Read a few different articles today/ last few weeks and have been bearish on LMND for upcoming earnings. Given what happened to BYND and other retard strength meme stonks, I think $65p for 11/13 could be 5 baggers. Massive IPO hype, negative earnings and if market tanks again tomorrow this could be a good play!

Thoughts? Opinions?

https://investorplace.com/2020/11/beware-double-whammy-with-lemonade-stock/

https://finance.yahoo.com/news/surprise-coming-lemonade-lmnd-earnings-133201160.html

Submitted November 10, 2020 at 08:56PM by thunderdownunder11
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