ACIC American Coastal Insurance Corp

$ACIC $JOBY $LILMF there was actually a time when I clearly posted back in 2022 that joby would be the winner  and that had to do with the management team amd the technology. I also clearly called out that LILM was fake and going to go out of business which it did their technology was a complete scam. Recently as more details have come out about JOBY business model I just don't think it works everything I based on is public information look at the target Margin they've got it to and don't underestimate regulatory issues and NIMBY issues both Tesla and Uber faced a lot of that but as I was a evaluating what was clear to me is that even if it's successful there is no pot of gold at the end of the rainbow, the gross margin is too low and the price will still be too high to gain significant share in the consumer market. Again no position I did a bunch of work recently to buy it and after that work I am like Nfw