Shorting Pet Insurance

Published on
August 21st, 2019
Duration
13 minutes

Shorting Pet Insurance

Trade Ideas ·
Featuring Bradley Safalow

Published on: August 21st, 2019 • Duration: 13 minutes

Bradley Safalow, founder of PAA Research, presents his short thesis on pet insurance provider Trupanion. He breaks down the company’s “flawed” business model, and discusses how much downside risk he sees for the stock, in this interview with Justine Underhill. Filmed on August 13, 2019.

Comments

Transcript

  • CL
    Chewy L.
    25 August 2019 @ 12:01
    this is a tough one but i think i would rather take a shot at the long shot as of now with tight stops.
  • BH
    Bin H.
    22 August 2019 @ 07:30
    Filmed on August 13, the price at that time should be above 30. Sweetest meat is gone. Learned something anyway
  • ML
    Michael L.
    22 August 2019 @ 04:43
    Some of these comments below are truly pathetic. I don’t agree with all his takes but a lot of great insights here regardless of timing. Stop expecting to be spoonfed "hot tips" and blindly follow! This is good content for people who actually try to understand businesses and think for themselves. Its not too late, he's talking about <10 price target. Even if you're a total chart monkey you can see there's some support around $23 and if TRUP breaks below that then there's a ton more downside. We need more content like this on RV. Sure, more timely would be better, but its good stuff regardless
  • ml
    michael l.
    22 August 2019 @ 01:41
    Excellent idea. Have been monitoring it for months. Little risk of an M&A sale at current valuation, and operating metrics under increasing pressure...sorta feels like the jaguar is about to fall from the Trupanion tree.
  • JN
    Jorge N.
    21 August 2019 @ 18:30
    PLEASE STOP PUBLISHING TRADE IDEAS A WEEK LATE. IT IS DISRESPECTFUL.
    • CT
      Christopher T.
      21 August 2019 @ 22:30
      louder for the producers and editors in Cayman
    • ML
      Murali L.
      21 August 2019 @ 23:46
      Not to mention this is the dumbest idea in the world
  • TR
    Travis R.
    21 August 2019 @ 14:06
    Maybe late, but given the thesis and price targets there is still a lot of meat left on the bone.
  • JM
    Jim M.
    21 August 2019 @ 12:56
    Publishing a trade idea 8 days after it's filmed. A TRADE idea.
  • SP
    Stephane P.
    21 August 2019 @ 12:14
    Good trade idea ! but publish to late... why ?
    • PU
      Peter U.
      21 August 2019 @ 12:55
      agree; when this was filmed on 8/13, TRUP was trading $30.50
  • MT
    Mike T.
    21 August 2019 @ 08:58
    filmed on the 13th released on 21st and down 20% in that time. Also highly illiquid stock with very low underlying average volume and the spreads in the Option Market also very wide. No thanks.
    • MT
      Mike T.
      21 August 2019 @ 09:08
      ....forgot to say.... neglible open interest as well
  • CD
    Christine D.
    21 August 2019 @ 07:05
    Yeah, like 10 days ago this would have been a great insight