Root Inc (ROOT)

[head22]

Volume baby. Carvana is expanding and ROOt will benefit.

[head22]

Gonna break 2 today!!

[head22]

Gonna break 2 today!!

[head22]

This has to move past $2.50 after earnings report next week.

[jgrabar]

Current Root, Inc. shareholders who have held shares of the Company’s stock since at least October 28, 2020, can seek corporate reforms, the return of funds back to company coffers and potentially a court approved incentive award if appropriate.

According to an underlying class action complaint, on or around October 27, 2020, Root conducted its initial public offering (“IPO”), selling 26.8 million shares of common stock priced at $27.00 per share. Then, on March 9, 2021, BofA Securities analyst Joshua Shanker initiated coverage of Root with an “Underperform” rating on the premise that the Company is unlikely to be cash flow positive until 2027, finding that Root “will require not insignificant cash infusions from the capital markets to bridge its cash flow needs.” On this news, Root’s stock price fell $0.18 per share, or 1.46%, to close at $12.17 per share on March 9, 2021, representing a total decline of 54.93% from the offering price.

https://grabarlaw.com/the-latest/root-inc-investigation/

[ilovestocks85]

Lfg! $ROOT

[head22]

Root is moving today....$3 by weeks end?

[head22]

They just closed on financing that will be paid back in 5 years. They ain't going anywhere.

[LittleIronMan]

Exactly. Share price currently does not reflect what is happening behind the scenes. I see how this plays out positively just this short term pain is remarkable

[head22]

Why would Carvana invest heavily in ROOT if they were going to fail?

[head22]

A little volume and this would roar

[georgie18]

ROOT...$3.28...Hod on the breakout Candle set up...imo...we shall see...:partying_face:

[head22]

Yes. I want to buy more but just not right now. I've avaeraged down quite a bit from $6! I saw a Carvana commercial on ESPN last night. ROOT will get big someday IMO.

[LittleIronMan]

You still in Root?

[head22]

I go there too but there are way to many pumpers and shit talkers there

[LittleIronMan]

I’m on Stocktwits mainly.

[head22]

Tough to find here. IHUB ain't the same anymore.

[LittleIronMan]

Root holder with a big stack. Looking for Root discussions!

[FROZENFLAME]

Looks like the bottom in, and I’m in lol
$ROOT

[georgie18]

ROOT...$3.87...Reversing here..."V" Bottom...:partying_face:

[head22]

Get some volume on this and watch it fly

[head22]

I am just going to keep buying this stock everytime I have some extra funds. I talked to my insurance agent today. He is 35 years in the business. Allstate. Believes ROOT is the future and he is glad he is getting out soon. Picked up some today at 3.60. How much lower will it go before it jolts up to at least $7?

[georgie18]

ROOT...$4.23...off the $4.02 dip...:partying_face:

[head22]

The dumping continues

[GoodGuyBill]

Thx. I agree.

[head22]

https://stocksregister.com/2021/11/16/root-inc-nasdaq-root-shares-rose-recently-however-trouble-may-still-be-lurking/

Headline doesn't tell real story

[masterofdisaster]

The problem is that shares are easy to locate and the borrow rate is only 1%. Shorts are in control for now

[georgie18]

ROOT...$5.43... in the P/M...Bidding the $5.03 range open gap...:partying_face:

[head22]

When this didn't test $7 yesterday I almost sold. Shoot. It looks like the shorts will keep this down and we will languish in the low 5's high 4's for sometime. No volume.

[GoodGuyBill]

Anyone has access to Ortex to view Root Short interest info?

[GoodGuyBill]

Root has gone from $4.60 to $6.20 in 24 hours. It has a short interest is 36% with only a 52 million share float.

For those who bought yesterday (or recently), Congratulations!!!

[4investor]

AH will be interesting

[head22]

Price
$6.16
Day's Change
1.49 (31.90%)

[head22]

Over 6 now.....lets go!!

[georgie18]

ROOT...$5.73...Psar flipped Bullish here...my $4.80s to $5.30s looking better on this move...:partying_face:

[georgie18]

ROOT...$5.23...in the P/M...:party:
[9:11 AM]
georgie18 — 10/26/2021
Took ROOT in the pre market and bidding a load at $4.86... :party:
georgie18 — 10/26/2021
ROOT...$5.30...Back in ROOT on the Descending Triangle Breakout setting up here...imo...we shall see... :party:
Heavily shorted ticker could get Squeezed here as the Bollies tighten up...

[head22]

HOD after hours. ROOT!!

Revenue: $93.8M vs. $67.4M Expected
EPS: -$0.53 vs. -$0.70 Expected

Earnings call tomorrow!! Squeeze baby!!

[GoodGuyBill]

Thx. I thought it was next week, lol.

[head22]

Thursday the 11th

[GoodGuyBill]

When is earnings call?

[head22]

This could be the week. Earnings call...

[head22]

Sooner or later this is going to rocket up. Hopefully the earnings call on the 8th will spur some action for next week

[head22]

still waiting .....and holding

[georgie18]

ROOT...$5.30...Back in ROOT on the Descending Triangle Breakout setting up here...imo...we shall see...

Heavily shorted ticker could get Squeezed here as the Bollies tighten up...

Chart... https://schrts.co/tqetYjcy ...

Root Inc. Cl A
$5.30 1.34%
-66.26%
24,088,229
09/30/21
51,820,461
46.48%

[head22]

We need volume baby!!

[CHARLIE125]

ROOT INSURANCE root
46% shorts
REDDITT ARE WORKING SURE

[head22]

Today?

[CHARLIE125]

ROOT
bubba champion go to xploted
massive slappage today!!!

[CHARLIE125]

ROOT AND BUBBA
Short squeeze today

[luckydrunk]

People need to quit buying call options and buy actual shares. They are just selling you calls and selling shares to keep price under call price and taking your money