people always drop lines like this...what is this ticker? why is now a good time to invest? what type of investment is this - pump and dump? mid term? long term?
RSI is 26.94, undertraded. Chart points to 60% of their ATH, in fact hit it's all time low today. Below the MA50 and MA20. Chart shows stock has been bearish since 2/10, and it looks like it's hitting a bottom. Also today was a reversal sign (bullish) at the very bottom, BUT still closed higher than yesterdays closing price (confirmation of Bull tendencies). Short interest is quite high, with almost 7 days to cover. Root does direct to consumer insurance products. The big one is auto insurance, where they'll take your tendencies while driving, and apply a rate to it. Either
@Eric Brooks or
@Serious talked about this stock quite a bit a few months back. So yea, they're like Lemonade to a degree. Except it costs less than $12.
Edit: Also, Lemonade has a 6BB market cap and is around $100, Root has a 2.77BB cap and trades at $11.
Entertainment of course.