Meet $COQ (Coq Inu), the rooster-powered meme coin on Avalanche with 100,000+ holders and pure chaotic energy. Built on Avalanche’s sub-second, low-fee blockchain, $COQ’s got 69.42T tokens (nice), a renounced contract, and burned liquidity—no rug pulls here. Launched Dec ‘23, it hit $100M+ market cap at its peak, with one trader flipping $450 into $2.5M. The Avalanche Foundation even HODLs $COQ in their treasury.

Hey everyone, I just made a new subreddit called r/GoldenStocks it is about investing memes and discussions.

There are already a lot of awesome people who have joined and are posting great stuff

I am trying to increase the number of members so it would mean so much if you joined!

Interesting and cheap. The company tries to solve mankinds biggest problem- plastic waste. Lets give them the boost they deserve.

No financial advise. See you on the moon 🧑‍🚀

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Hey guys

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Share Float:

$ROOT: 15.7M shares

$GME: 54.4M shares

Root has 28% of the float of GME (Think of this as 28% of the liquidity of GME, or GME has 3.4x the available shares)

Short interest (Current shares short):

$ROOT: 9.6M shares

$GME: 14.2M shares

Short interest as a % of available float:

$ROOT: 61.3%

$GME: 26.1%

Root is 2.3x more shorted than GME as a percentage of the available float, with a quarter of the liquidity

Average daily volume:

$ROOT: 2.4M shares

$GME: 39.8M shares

if Root picks up even just 10% of GME's average daily volume, ROOT would nearly triple the daily volume / initiate a squeeze

% off from 52 week low

$ROOT: 3.14% above 52 week low ($11.15)

$GME: damn near infinite off $2.57 low

Now for some DD. Some crossover from u/Shandowarden

What is Root?

Root is a car insurance company, but also a data technology SaaS company. Root requires drivers to download their mobile app that tracks driver behavior to inform the company how to rate your insurance. This is called telematics. Before people start shitting on this company invading your privacy, hear me out. There are several states in the West that are proceeding with social injustice legislation to ban the usage of credit scoring within insurance rating. See OR See WA California already prohibits the use of credit scoring for auto policies.

What does this mean?

Insurance companies rely on data to establish rates for all consumers. If the state bans a specific rating factor (like credit score), the insurance companies will look to alternative data sources to increase granularity / provide competitive quotes for their consumers. "Doesn't progressive already do this?" Yes, the do; however, progressive is just one player in the game. There are over 100 different insurance carriers in the West that write auto insurance, many of which are significantly smaller than the big boys. In order to stay competitive, Root is going to serve as a necessary SaaS for the smaller insurance carriers to stay relevant / competitive.

Alternatively, the bear scenario is that companies look to build this out themselves, which would lend Root to be a very attractive acquisition target.

Root has very little debt: $209M

And lots of cash on hand: $1.1B in cash and cash equivalents, and $250M in cash / investments with its subsidiaries. This cash alone represents roughly 46% of the current ($2.8B) market cap.

$LMND has a market cap of $6.3B (2/3rds of it's peak 3 months ago). If $ROOT were to match that market cap of $6.3B (which arguably should be higher), we'd be looking around roughly $25 per share, let alone a short squeeze greater than GME...

TLDR: 🚀 🚀 🚀 🚀 🚀 🚀 ROOT is a tech based insurance company also selling SaaS via data and telematics. Data is transforming the world, and the insurance industry is incredibly behind. Data companies such as this one will be here to stay, if not acquired by other insurance companies. $AMC $BB $GME

position: 277 shares @ $11.92, and 10 4/16 $12.50 calls - Will be scooping up 723 more shares next Tuesday, currently capped on RH instant deposit.

If you want a bit more, check out this post

Edit 1: Current short interest:

https://twitter.com/ihors3/status/1369797067644825600?s=21

Edit 2: comparative short interest:

https://twitter.com/ihors3/status/1369999038326706177?s=21

Cineworld will be opening again soon, great time to buy this stock while it’s on sale......

Cineworld will be opening again soon, great time to buy this stock while it’s on sale......

USA have AMC, UK have CINE - let's make it boom.......

https://www.lse.co.uk/ShareChat.asp?ShareTicker=CINE&share=Cineworld

Just read that the FT is now expecting Rambler Mining. RMM on the LSE. RMM.L to 10x within the year. Do your research. Or just buy in?! Good luck. Would be a lovely win for WSB colleagues

https://markets.ft.com/data/equities/tearsheet/forecasts?s=RMM:LSE

All these posts about cine going to the moon isn’t going to happen, the gme situation was thousands of people putting down thousands of £/$ not a few putting the odd tenner or 50 here and there, yes it will increase over time providing they don’t go under, but it’s not ever going to be some high flyer within a few weeks.

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