Jun. 30 at 11:17 PM
$ROOT shorts are playing with fire. short volume today comes back at 74%, one of the highest we've seen recently. someone tried hard to cap the end of the qt price to possibly impact
$CVNA warrants. Shorts will be in for a rude awakening when they realize that the float is so tight & that there are not enough shares to go around. they'll realize
$ROOT goes up faster than it goes down
$CVNA is heading back to 52 wk high, making their 21M shelf offering more lucrative to swap for
$ROOT warrant shares
$LMND an inferior insuretech is up 4.2% and now trades at a 66% valuation difference to
$ROOT, when
$ROOT should be trading at a multiple of
$LMND & more
$ROOT is significantly undervalued and trades at a forward P/E of 7. if it 4x in price today, it will still be significantly undervalued
If it 10X in price it would still be cheaper than
$RYAN.
Buying
$ROOT is like buying
$PGR at 5 cents in 1980 except
$ROOT will grow exponentially faster due to AI, automation & the internet.
$ROOT to
$2000+ LT
