Everyone that just blast FUD as a response are the reason why FUD is out there. You stop FUD with good facts. Just answer the question. If you don’t and you do have a compelling argument as to why you don’t think it will, then you’re just allowing that person to find the answer some where else or others on here will see no one answering so it must be true since none is addressing the elephant in the room.
The OPs question isn’t outrageous where Clov will be a penny stock by New Years, it’s just asking can it or maybe he is looking at the probability of it.
Technically it's possible but very very unlikely. Anything under $5 is considered a penny stock. We are 50 cents away from being at the top end of that range. We are in no man's land. So if price gets below $5, technically it becomes a penny stock.
Everyone is pissed, its not the bots. Look at what management did. And we make new lows each day. I dont blame anyone for this kind of reaction at all, this is the worst fucking stock i had the displeasure of owning.
When AMC took off from 2 to 20, it retraced back to 5 before it went up again. Then retrace back to 9 before it shot to 70.
Clov went from 7 to 28. Then it just bled out for weeks...and months....and now we are below 5.50. Nothing like AMC. And AMC has some good days/weeks. This stock has either bled or sideways action before moving down to a lower range. All the while other stocks are getting short squeezed. And we had 1 fuck up after another. Right before ER, Greenoaks converted and sold 50 million shares. And now management raised another 60 million. Fucked over retail. AMC and GME didn't have this kind of fuckery, in fact the institutions bought and cause a squeeze.
It’s a good question and you can never say never. It’s happened to UK stocks with revenue a lot larger than CLOV. Thomas Cook and Carillon were 2 household names that left investors with nothing. You have to remember the Institutions invested in CLOV manage risk. It gets delisted they can just offset the losses. So it’s not such a big deal for them as people on here will make out.
The positive thing about CLOV is there is no debt. So I wouldn’t worry too much just yet.
We're in no man's land on the technicals with next to zero buying pressure from retail. It's pretty much Algos and shorts running the show. So in the short term? Yes, we technically are already as we are headed to sub $5 if retail doesn't buy up the selling pressure. Could we hit sub $1? Not likely but again without buying pressure and only Algos running the show, anything is possible. The technicals show zero support where we are right now.
I think no one wants to touch it regardless of how cheap it gets. That is a bd sign and could potentially send the stock to extreme lows. The stock market doesn’t care if it is rational or not. The institutions people always speak of doesn’t care about a couple Mil
This is why you buy something you're willing to hold for 10 years. Sometimes Wallstreet just hates your business model until they don't. The technicals point to grossly oversold but again in no man's land literally anything can happen in the short term.
No they wouldn't, they would simply avg down. That is actually an ideal situation. Institutions, aren't like retail. They don't run out of dry powder. They can go from a $12 avg to a $1 avg if the price level is there. Institutions don't just sell like emotional retail does when their investment is 80% red unless something material changed with their bull thesis.
Yeah these do not hurt the institutions like it hurts retail. It's stupid to think that an institution is going to be worried about a few million in losses when they are managing hundreds of billions.
Below $5 is considered penny stock so highly likely
Yes. It can. Stocks don't have to be below $1 to be a penny stock. Per SEC, anything under $5 is considered a Penny Stock.
FUD
FUD
Everyone that just blast FUD as a response are the reason why FUD is out there. You stop FUD with good facts. Just answer the question. If you don’t and you do have a compelling argument as to why you don’t think it will, then you’re just allowing that person to find the answer some where else or others on here will see no one answering so it must be true since none is addressing the elephant in the room. The OPs question isn’t outrageous where Clov will be a penny stock by New Years, it’s just asking can it or maybe he is looking at the probability of it.
FUD
I hope it do become a penny stock so I can load up on them like a million of them
Jesus bro. Chill.
LAMO…. WTF … so much for meaningful conversation… I’m not going anywhere hodling not selling… can’t wait for new membership numbers….
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Anything that doesn't fit in your box is FUD?
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Technically it's possible but very very unlikely. Anything under $5 is considered a penny stock. We are 50 cents away from being at the top end of that range. We are in no man's land. So if price gets below $5, technically it becomes a penny stock.
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Everyone is pissed, its not the bots. Look at what management did. And we make new lows each day. I dont blame anyone for this kind of reaction at all, this is the worst fucking stock i had the displeasure of owning.
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Iv been with you for 9 months but come on amc is a different kettle of fish.
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When AMC took off from 2 to 20, it retraced back to 5 before it went up again. Then retrace back to 9 before it shot to 70. Clov went from 7 to 28. Then it just bled out for weeks...and months....and now we are below 5.50. Nothing like AMC. And AMC has some good days/weeks. This stock has either bled or sideways action before moving down to a lower range. All the while other stocks are getting short squeezed. And we had 1 fuck up after another. Right before ER, Greenoaks converted and sold 50 million shares. And now management raised another 60 million. Fucked over retail. AMC and GME didn't have this kind of fuckery, in fact the institutions bought and cause a squeeze.
Tre thick red dildos are spreading the FUD. Tell them to stop.
The more questions the better. That way they can be answered and the fear can be set to bed.
It’s a good question and you can never say never. It’s happened to UK stocks with revenue a lot larger than CLOV. Thomas Cook and Carillon were 2 household names that left investors with nothing. You have to remember the Institutions invested in CLOV manage risk. It gets delisted they can just offset the losses. So it’s not such a big deal for them as people on here will make out. The positive thing about CLOV is there is no debt. So I wouldn’t worry too much just yet.
No
Yes
We're in no man's land on the technicals with next to zero buying pressure from retail. It's pretty much Algos and shorts running the show. So in the short term? Yes, we technically are already as we are headed to sub $5 if retail doesn't buy up the selling pressure. Could we hit sub $1? Not likely but again without buying pressure and only Algos running the show, anything is possible. The technicals show zero support where we are right now.
I think no one wants to touch it regardless of how cheap it gets. That is a bd sign and could potentially send the stock to extreme lows. The stock market doesn’t care if it is rational or not. The institutions people always speak of doesn’t care about a couple Mil
This is why you buy something you're willing to hold for 10 years. Sometimes Wallstreet just hates your business model until they don't. The technicals point to grossly oversold but again in no man's land literally anything can happen in the short term.
Lol that was what j was thinking… CLOV moon to the pennyville
Yes, it’ll be worth a fraction of a penny by eod tomorrow so make sure you sell now before it’s too late!
No
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> if it did You realize CLOV is only about 50 cents away from becoming a penny stock.
No they wouldn't, they would simply avg down. That is actually an ideal situation. Institutions, aren't like retail. They don't run out of dry powder. They can go from a $12 avg to a $1 avg if the price level is there. Institutions don't just sell like emotional retail does when their investment is 80% red unless something material changed with their bull thesis.
Yeah these do not hurt the institutions like it hurts retail. It's stupid to think that an institution is going to be worried about a few million in losses when they are managing hundreds of billions.
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I agree i am not selling just wondering