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Root, Inc. (ROOT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.3800-0.1000 (-4.03%)
At close: 04:00PM EST
2.3900 +0.01 (+0.42%)
After hours: 06:34PM EST
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  • G
    Guest
    WOW Root borrowing 300M @ 10% interest! Legitimate companies only pay 4%. So Root is going to pay 30M in interest to pay for an extra 500 employees they don’t need and 90M a quarter for marketing that doesn’t produce? Who’s running this company Bernie Madoff?
  • J
    Just Me
    115mm shares x 2.50 MC IS 290MM .. take the new 300mm loan AND BUY THE ENTIRE CO , grab the 1b cash on bs, pay back the 300mm .. put 700mm in your pocket and get free company! (Valuation is way to low)
  • p
    panagiotis
    I have bought root from the beginning $ 24 I reduced my average to $ 17 now I am not interested I decided that I lost my money ... I will not sell even if it goes bankrupt!
    unfortunately the shorts won
    Neutral
  • W
    William
    ROOT can be the come back IPO of the year. Granted last year was a disaster. Regardless root is well positioned for success controlling their own destiny. Currently root has 820 million dollars cash on hand with -0- debt. In the 4th quarter just ended Dec 31, 2021 root will report the 126 million it received from Carvana plus preliminary results from integrating Roots platform for selling policies for every car Carvana sells. If root can get anywhere close to the 80% retention Carvana gets for financing the cars they sell it should be worth at least 4-7 dollars per share alone. Plus Root could easily trim their spending by a couple hundred million a year if necessary. In other words, root could recoup 30 to 50% of last years losses and no worries if they don't. Rome wasn't built in a day.
  • R
    R
    Alex Timm was a peon when he was at Nationwide right before starting Root. He was an individual contributor with zero manager experience. With no experience at running anything and had zero experience in running a profit and loss center. It is shocking that anyone would have trusted this guy with their money.
  • B
    Bill
    ROOT has lost 90% of its value the last 12 months since it went public. The only on who has taken out millions is Alex Trimm. The last quarter alone ROOT spent 90 Million on marketing alone and I haven't seen any real press releases promoting ROOT just a puff piece about Trim being a mentor LOL!
  • K
    Kramer
    Glad Alex Timm isn't having to feel the pain of this company's stock plunge. He's already cashed out. He's bought two beautiful mansions. The first one is a tad small, though, only 12,000 square feet.
  • J
    James
    Who's buying more ?
    Bullish
  • J
    Just Me
    Just when you think “it can’t possibly go lower” …it does
  • J
    Just Me
    Paid .90 cents for ATM $2.50 calls for JAN 2023 ! (market doesn’t think this is going anywhere anytime soon
  • B
    Barnacle Barney
    Why doesn't this insurance company have a PE ratio ? Allstate, for instance, has a PE ratio of 11.
    Sooooo, ROOT has no earnings ?
  • S
    Sandeep
    I started buying this at 12$ and somehow managed to average it down to 6$ ( had to buy 2000 shares in this process ) . I am so done with this stock. Hope it gets to 6$ one day so that I can get rid of it.
  • b
    bob
    I have concluded buying this stock at $6 was a grave error
  • R
    Rocketeer
    You're kidding yourself if you think the chart will magically start reversing to the upside now.
  • b
    brian
    Only redeeming factor for my colossal mistake in owning this stock is knowing that Timm is losing more than I am every day on his holdings ....
  • L
    Lowell
    The only hope for longs is Carvanna buying them out. If I was carvanna and knew I wanted it I would tender an offer 24% over today’s closing price. $3.72 and longs would happily agree since $3.72 beats then hit out of zero
  • G
    G
    Root setting up good for next year. The target price is $7 for next year..what do you think???
  • v
    vikas
    $0.2 to go before EV turns negative as per last quarters numbers. Let's see where it bottoms before the ER.
  • s
    sital
    Everyone finally left the building here
    Bearish
  • G
    Gene
    Lowering my average again today!
    Bullish
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