I guess no one saw my post or doesn't has any advice. But I just wanted to give an update in case someone does have a suggestion!
Update: it's been a month now and leaves are forming (not completely open yet but extend 3 inches from top) but the stalk is still soft at the base and seems to be moving up a little further. I did the pin test - stuck a pin in the stalk closer to the top and got white fluid. When I stuck a pin in the softer lower area, I had to squeeze a lot but got an amber colored fluid.
My question is, if this is root rot, would my leaves be forming seemingly so well? And if I dig it up, cut off the rot and start all over, will the new leaves die off until new roots form?
Thx for any response.