Apr. 3 at 3:58 AM
$ROOT
Rootie Tooties fall prey to the same wall street grift that has been played for decades. ROOT proclaims "“we have a secret only we know, and it will make you rich, a proprietary program, a magic black box, an “algorithm”, “we have ai”, “we are masters of technology that only we possess”". They just proclaim it and you silly Kool Aid swiggers throw money at it. LOL Scam. It was nothing more than a con designed by the charlatan Timm to enrich himself and the syndicators. An all-too-common trend among IPO’s the last ten years. Root IPO was
$486 five years ago. It’s now 43 , down a whopping 91% and the bags wasted 5 years on it, resulting in an almost total loss when considering the time value of the money. It never had sustained profits and is back to even ceo claiming reversals. With few exceptions, a company should never go public before being profitable. That’s the place for private equity. You Toots got played. Bigly.
@ValueInvestingEasily @bk6134
