Today at 2pm EST I'll be participating in a @TwitterSpaces with 11 other people/investors.

Give them a follow:

I'll be talking $UPST
$UPST is one of my largest holdings and has been since December when I did my Substack writeup:

$UPST is up 167% YTD yet still 33% off the highs.
6 weeks ago $UPST reported Q4 numbers and shocked investors when they raised 2021 revenue guidance to $500+ million (probably conservative) due to an acceleration in their business and more bank partners.…

This chart shows how $UPST ripped 3x in a week:
$UPST has spent 8+ years building the most sophisticated AI-powered digital-first underwriting platform that allows bank partners to use their model to improve their lending.

Whereas the typical underwriting uses outdated FICO scores, $UPST uses 1600 variables & data points.
When you add up 700,000+ loans processed plus millions of payments... $UPST has 15+ billion cells of data which is one reason why their model is so much better. This is also a massive competitive advantage and almost impossible for others to replicate quickly.
$UPST allows their bank partners to customize the variables to fit their requirements such as...
$UPST's model leads to more approvals with lower rates for the borrowers while generating higher revenues with fewer defaults for the banks. It's a win/win.

$UPST is better, faster, cheaper and more accurate than traditional underwriting models based on FICO scores.
The credit markets that $UPST has the ability to enter (personal, auto, home, small business, etc) are in the trillions per year when you add them up.

I believe over the next few years hundreds of banks will realize the power of AI in underwriting and will turn to $UPST for help
Here is a video from $UPST

"We don't compete with banks, we partner with them, helping them navigate one of the most fundamental technology transformations ever."
~Anna Counselman (co-founder of $UPST)
Here is my recent interview with the Founder & CEO @davegirouard
80% of Americans have never defaulted on a loan yet only 48% have a credit score that would give them access to prime credit rates.

Lending is the perfect use case for AI.
I'm also excited about $UPST's recent acquisition of Prodigy which helps them get into auto lending which is a $600+ billion opportunity.
The analysts are also bullish on $UPST
I look forward to sharing more on the Twitter Spaces event today.

I'll be joining around 2:30pm EST to talk about $UPST

Maybe @DaveGirouard will jump on to see how I do :)

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More from @JonahLupton

29 Apr
Looks like $DMTK has added more details/information to their website. I expect this product to launch in the second half of 2021.

LuminateDNA will help tens of millions of people around the world get a DNA skin analysis.
According to the recent $DMTK investor presentation the company believes Luminate could be their biggest product.
Just like their PLA/PLA+ products $DMTK is using their non-invasive genomics smart patch to remove skin cells...
Read 8 tweets
27 Apr
$DMTK (my second biggest position) is up 16% pre-market on reports that Cigna has offered positive support for $DMTK's PLA/PLA+ genomics patches for early melanoma detection

Cigna is one of the largest insurance companies in the world with 180+ million customers in 30 countries
This news about CIGNA was most likely made possible with two recent events which I already highlighted:

1) Launch of PLA+…

2) OptumInsight cost benefit study…
Another thing to note is that UnitedHealth Group also uses OptumInsight for their data/studies so it's very possible we see $UNH provide support for $DMTK's PLA/PLA+ patches as well as their next two products: Luminate and Carcinome
Read 4 tweets
22 Apr
Yesterday I spoke for 55 minutes on @TwitterSpaces hosted by @WOLF_Financial about the markets, my favorite stocks, short selling and a bunch of other stuff.

You can listen here:
Here's my recent interview with @PaulAndreola from @smallcapdisc

You can watch here:
My recent interview with the CEO of @WeAreEnthusiast

My recent interview with the CEO of @DriveShift

My recent interview with the CEO of @LifeMD
Read 4 tweets
21 Apr
The last month has been very tough for small cap growth investors but I'm not hiding or going away. This is how we get better.

Tomorrow at 11am EST I'll be interviewing Justin Schreiber, CEO of @LifeMD (ticker: $LFMD)

Register to watch:…
Tomorrow at 11:45am EST I'll be doing a @TwitterSpaces with @WOLF_Financial

You can submit your questions at:…
Tomorrow at 1pm EST I'll be a guest on the @Estimize broadcast hosted by @Mamoon89

You can register at:…
Read 4 tweets
19 Apr
I have no idea why $DMTK is down 14% today -- makes no sense. There is no news.

Volume is not that heavy and short interest is up to 25% so the bears/shorts are clearly running the show.
$DMTK is still one of my highest conviction stocks for the next 3-5 years. Adoption with dermatologists will be slow, just like it is for most new technologies but eventually $DMTK will be the standard of care. Dermatologists will use the patch before they use the scalpel.
I still believe $DMTK has enormous upside over the next 5+ years.

Don't forget that PLA is just their first product, they have more genomics smart patches coming to market later this year and next year that should be 10x bigger than the PLA product for melanoma detection.
Read 9 tweets
13 Apr
These are tough days for growth investors but also why it's important to keep some perspective.

If you're a long term investor don't let a few days/weeks derail you from your investment strategy.

You'll never achieve big returns if you can't handle some pullbacks along the way.
Whenever my growth stocks pullback I tend to get more concentrated in my favorite positions where I have the most conviction. This doesn't always pay off but it's what works for me.

It's important for every investor to figure out how you want to manage through volatility.
Generally speaking, I think most investors are better off not micromanaging their portfolio or timing the markets because none of us are smart enough to do it well on a consistent basis.
Read 6 tweets

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