Jun. 23 at 11:56 PM
the Iran/Israel war brought in volatility and
$ROOT is now almost 30% discounted from 52 wk high of
$181.14. & discounted over 75% since IPO high of 530.64 despite being a multiple better company today.
Iran/Israel war has officially had a ceasefire. Futures are way up. I said buy the dip on Ukraine/Russia, tariffs, & iran/israel fears. These are the free money opportunities that you need to take advantage of time & time again.
this is now the 7+ up/down cycle that
$ROOT has had & every time
$ROOT ends up making 52 wk highs shortly after. like clockwork. be ready for the ride
inferior insuretech
$LMND now trades at a 69% higher valuation despite
$ROOT being the multiple better company. the market will realize this, and
$ROOT will eventually trade at a multiple and more.
Today's short volume comes back elevated at 62%. trap the shorts, shake out the weak hands, for the next leg higher
Nothing has changed. ROOT will still contend with legacy insurers by mcap.
$ROOT to
$2000+ LT
$CVNA $TSLA