Root, Inc. provides insurance products and services in the United States.
The share price is rising and gonna continue this trend today after the new Citron report publishing. The stock has very much short float and insiders purchases near prices much higher than current.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $13,22; take-profit — $17,18; stop-loss — 11,90.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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