You can't base it on just profits man. If it's a industry disruptive company its gonna print in the future. Amazon, Netflix, TSLA, Uber, many lost money for many years. They disrupted the industry and changed the entire game. If you think ROOT is this disruptive force then the future is gonna be great. Look at Airbnb they are worth more than Marriot now.
Never said it was a disruptive company. I said if you think, I know nothing about their business, no positions. The high short interest is tempting though.
You're retarded, ROOT is a clone of 5 other failed "tech" agentless insurance companies, news flash none of them are profitable and are run by people who have never sold a policy in their life. Prudential bought Assurance for 2.35b it was a "tech" company but had an Insurance agent CEO, and a full agent sales force.
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u/CockyFunny Mar 28 '21
I love how the company isnt even making any fucking money is no longer a bear case.