r/wallstreetbets 🦍 Oct 19 '21 Take My Power 1 Silver 1 Platinum 1 All-Seeing Upvote 1 Take My Energy 1 LOVE! 1 To The Stars 1

ROOT 47% short interest 19k share yolo YOLO

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90 Upvotes

u/VisualMod Turing Test Proctor Oct 19 '21
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Total Submissions 25 First Seen In WSB 2 months ago
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19

u/unbanDurial321 Oct 19 '21

You do realize having high short interest is a bad thing if you want the stock to go up.... right?

12

u/Major_Danger_noodle Oct 19 '21

Right? Gotta find that autistic screeching post someone here did last week. That shit DFV did with GME was like a 1-10000000 million find. Not everything with high short interest is a “squeeze potential”. Sometimes it’s just a failing company

11

u/One_Entrepreneur2106 Oct 19 '21

I am in with 14,000 shares.

8

u/JeffersonsHat Oct 19 '21

I'm out with 0 zeros.

9

u/sikkkunt is retarded Oct 19 '21

Oof wasn’t this one 7+ at the beginning of september?

21

u/Jekarti Oct 19 '21

What's worse is it was 27 at the end of last October. This is literally a falling boulder and dude is trying to catch it with his face.

3

u/Stylux got his law degree at the good walmart Oct 19 '21

Yeah, but is that boulder covered with knives?

I tried to talk people out of this one a few months ago. Such a trash company.

23

u/fuzzy_teeth Oct 19 '21

This man will buy a lambo and steal your wife. Watch out.

6

u/HeyBigVendor1 Oct 19 '21

You're ROOTed.

13

u/stejerd 3727 - 2 - 1 year - 0/0 Oct 19 '21

You apes and your $5 stonks are the new generation of biotech pennystock pumpers hoping to hit it rich. The outcome will be the same though 1 out of like 20 of your picks will actually make you money. Looking at you CLOV, SDC, WISH, ROOT

1

u/Brokenlegstonk Oct 20 '21

I made money on all those but root. Still have 200shrs root and I exited sdc early but with a gain. How many companies are fairly valued. Many are down 50-70% from ATH and still overvalued. Hype and social media is the new way to trade/swing/invest

1

u/stejerd 3727 - 2 - 1 year - 0/0 Oct 20 '21

Yea swingg trading is fine but you have apes buying 10000 shares at ATH levels during a pump. Then it drops 40% and they cry manipulation

3

u/jumpstreetfool Oct 19 '21

When it starts making highs, I will jump in. I believe that people can save this thing if they want to, but I’m not about to try and catch a falling knife.

E.G. $SNDL

1

u/Unrequited-scientist Oct 19 '21

Sundial keeps churning out premiums for me. Hasn’t stopped. Lol.

11

u/Drop_Routine Oct 19 '21

Good Luck and you'll need it, ROOT is really garbage. Do yourself a favor, run don't walk and find another stock. There is never a shortage of opportunities if you are willing to put in the time and effort.

ATB

3

u/WSBisFum 🦍 Oct 19 '21

Price target $69 or cardboard box and ramen/gummy vitamins life 🚀🚀

2

u/Drop_Routine Oct 19 '21

Well maybe if you're lucky but you'll need to add a decimal point between the 6 and 9.

3

u/WSBisFum 🦍 Oct 19 '21

Yea haha. It’s 1b market cap. I think it could easily hit 25$+ in a few weeks but who knows.

-2

u/[deleted] Oct 19 '21

GME was garbage too.

5

u/Drop_Routine Oct 19 '21

Ok, enough of the bull shit. Make your millions in ROOT.

I was posting my opinion and I can see some people just want to hear the sugar coated bull shit. To da moon!

-4

u/[deleted] Oct 19 '21

You're opinion is flawed though. You're saying the company is garbage so run away. One year ago you would have said the exact same thing about gme. GME got lucky with help from chewy and WSB and it took off. I'm not saying root will take off, but it is definitely being shot at with everything gme was last year. It's going to need a lot of work to break free from all the negativity surrounding it. WSB is vehemently against it so that support is gone. It's up to Carvana to save this company lol

1

u/[deleted] Oct 19 '21

[deleted]

-1

u/[deleted] Oct 19 '21

No one here seems to have competent reading comprehension skills so they all stupidly downvote me cause I said gme was a trash company before Chewy and WSB. I have never at any time said Root would "moon" or even succeed at all. It would be nice if it did but I've never given the impression that I think it would.

1

u/[deleted] Oct 19 '21

[deleted]

1

u/[deleted] Oct 19 '21

Fuck off asshole

15

u/polarbearsarekewl Oct 19 '21

This is one is shorted cause they are actually a dog shit company

3

u/apuzzledone Oct 19 '21

At first i thought it was that canadian apparel company with beaver pic on it

-8

u/[deleted] Oct 19 '21 edited Oct 19 '21

GME was trash before Chewy and WSB got involved too.

Downvoting because you can't handle truth?

4

u/kokanuttt Oct 19 '21 edited Oct 19 '21

Textbook Survivorship Bias. Enron was also shorted to hell and back and it was shit. So was lehman brothers, bear sterns and basically every other company to hit the shitter and go bankrupt or to 0. But hey, let’s focus on the two times heavily shorted stocks were actually good.

You don’t hear about company XYZ that had high short interest due to it being a shitty negative gross margin (very different than net income if you aren’t l aware) company that was losing money at a rapid pace and then proceed to go bankrupt as often.

1

u/bighomiej69 Oct 19 '21

The thing about GME, is that the video game industry as a whole actually does have a lot of room for growth, and it was being shorted around the time a new console was being released, which in the past has always led to a GME run.

ROOT on the other hand is a stupid product that no one asked for

2

u/cragfar Thing 2 Oct 19 '21

So the insurance company saying credit scores shouldn't matter when it comes to insurance has massive claims losses and is now projecting revenue decline as they kick out the bad customers?

2

u/WSBisFum 🦍 Oct 19 '21

And I’m up 6k on this position currently.

This is only the beginning.

1

u/cragfar Thing 2 Oct 19 '21

What's your bull thesis? It doesn't suck as much as they say they do? Just hoping for a pop?

2

u/badoptionsguy Oct 20 '21

Not options so you’re a pussy

7

u/[deleted] Oct 19 '21

Funny how everyone complains that this is a bad company being shorted for good reason. Before Chewy got involved, GameStop was trash and on its way out too. I'm not saying they're the same but it really doesn't matter how a company is doing. If Hedge funds want it dead it will die unless a larger group of people decide to save it. Root is not being saved because WSB doesn't care about it like it did GME.

10

u/WSBisFum 🦍 Oct 19 '21

I though GameStop and AMC were shit stocks when I bought them too lol.

4

u/[deleted] Oct 19 '21

Assuming Carvana beats earnings, which it looks like it will; ROOT will get a healthy bump along with it.

3

u/terrybmw335 Oct 19 '21

Conceptually this seems like a good idea and I also read Tesla is going to start offering their own insurance plans based on driving criteria. Seems like any insurance company can come along and offer the same thing though. I bought a few lottery ticket calls but this isn't a ship I'm willing to sink with.

3

u/Stylux got his law degree at the good walmart Oct 19 '21

Seems like any insurance company can come along and offer the same thing though.

They have literally been doing this for years. Progressive Snapshot? Liberty/Safeco has had their own for years now as well. This isn't new at all.

1

u/VisualMod Turing Test Proctor Oct 19 '21

You're an idiot.

1

u/Stylux got his law degree at the good walmart Oct 19 '21

God damnit JC.

5

u/Abject_Resolution Blacked Holes Model Oct 19 '21

This stock is garbage. Lost power 10 K on it.

1

u/[deleted] Oct 27 '21

[removed] — view removed comment

1

u/Abject_Resolution Blacked Holes Model Oct 27 '21

Definitely learned my lesson.

1

u/Leoza0 🦍🦍 Oct 27 '21

💪🏿

3

u/One_Entrepreneur2106 Oct 19 '21

Going to the fucking moon. 💎🙌🙌

2

u/Apha-apha Oct 19 '21

Hold the line.. we will win🚀🚀

2

u/LuckyMouse9 Oct 19 '21

If this doesn't work out, at least i know im not alone

2

u/stellarzglitch Oct 19 '21

Good luck bro.

Sorry everyone on wsb became pussies after falling for every P and D thinking it was another gme.

I might jump in if I see it start to crown.

2

u/Tothemoonnn Oct 19 '21

I’m an absolute moron that can’t even find the crayons to eat them and I’m still not dumb enough to buy this.

1

u/__JonnyG Oct 19 '21

Unless an options play not a Yolo

You’ve just bought shares in a shit company

1

u/Weyland-U Oct 19 '21

Touch my root

1

u/AvaBabaZion 🦍🦍🦍 Oct 19 '21

🍀

1

u/Butterfliesinmybrain Oct 19 '21

damn don't do this man lol look at the fking chart

1

u/sutsniagatebtnod Oct 20 '21

$ROOT is the best insuretech and going to the MOOOOON 💎🙌

1

u/Ok_Cap_209 Nov 03 '21

Buying 20k in the morning asap