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TRUP: More of the Same from TRUP as the Company Continues to Hemorrhage Share in the Suddenly SLOWING Pet Insurance...

May 2nd, 2025

If we take one giant step back and remove ourselves from the “weeds” of Trupanion, the one conclusion we can make about the company’s earnings results is that it was simply...

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TRUP: The Key Questions TRUP Faces Heading into 1Q25 Earnings as the Insurance Rate Spiral Is Increasingly Laid Bare

April 30th, 2025

In what can only be described as a pyrrhic victory, we were modestly encouraged by the stock price action in TRUP over the past few weeks.  That warrants an explanation.   For almost a...

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KNSL: Where Pricing, Aggressive Exclusions, and Litigation Prowess Get Confused for Operational Efficiency and...

April 25th, 2025

Imagine our horror over the past 2-3 weeks as the market experiences a crash of sorts in response to the Liberation Day tariffs and investors pile into KNSL of all stocks in a “flight to...

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TRUP: The Jaws Are Closing Quickly in the “Trupanion Trap”

February 20th, 2025

If you’re still not convinced that price action determines the narrative around any given stock, consider the following changes in how investors think about TRUP:   • Ten weeks ago: Trupanion is a market leader poised to profitably...

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KNSL: Slowing Growth Brings Investors Closer to Seeing KNSL For What the Company Really Is

February 14th, 2025

“Also of note, the appreciation of Kinsale's stock price over the course of 2024 exceeded that of the S&P 500 Index for the eighth time in the last 9 years since our IPO back in...

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TRUP: A Broken Product - State Level Data Puts TRUP’s “Insurance Rate Spiral” in Full Relief as Base Rates Reach...

January 9th, 2025

As far as our work on TRUP is concerned, we were delighted to turn the page on 2024. If you told us that TRUP would witness a massive deceleration in enrollment growth, persistently high churn, and...

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HUSQ.B

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TTC

LONG

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KNSL

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$230

FRPT

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BYON

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$70

EXPI

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UFPI

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TREX

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PRDO

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STRA

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CWH

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CM

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RY

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ARC

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AYI

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BIG

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WWE

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XOXO

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RLGY

PAIR TRADE

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RDFN

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BCO

LONG

$35

ING.PA

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$35

TRUP

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CTC

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$101

ATGE

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HCG.TO

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$0

RON.TO

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ESI

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$0

BGG

PAIR - LONG BGG/SHORT TTC

25%

Z

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$14.00

NA.TO

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$22

ZU

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$15

TRLA

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$20

MCRS

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APOL

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$35

OPEN

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KNL

PAIR - LONG KNL/SHORT MLHR

25%

CSGP

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$100

GCA

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IPSU

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LOOP

PAIR - LONG CSGP/SHORT LOOP

40%

THQI

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$35

WPO

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$275

COCO

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HNI

SIG

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