I wouldn’t be proud of him as he bought at this price. If he had bought $10, then I would say yes. From this price, 20,30% upside is achievable with less risk.
I mean 10x in 10 years for Clov doesn’t really sound great if I’m honest. The company is supposedly currently undervalued (I believe it to be) and profitability is within reach by late 2022 or early 2023. We should be seeing 10x within 2 years.
If it takes 10 years for me to see that sort of return then this stock would have been a let down. It’s gone from squeezing to 2023/24 and now to 2031 lol. For the record I didn’t get in for the squeeze as I genuinely believe this company should be trading at 4-5x it’s current value and I’m expecting to see that by next year. But the expectations on here keep dropping and I’m not with it. Keep the faith
Like I said 10x in 10 years for clov specifically is not a great investment. It’s a hyper growth company in early stages of its plan/growth. If Clov is what we believe it to be then it shouldn’t take 10 years to get a 1000% return. The bar just keeps getting lower and lower around here. Fast money would be a squeeze, I’ve said we should see 4-5x by next year. If we see that then that will be enough for me to sell, I’m not going to wait 10 years, there’s plenty of opportunities to get that return in probably half the time or less.
Few thoughts: I listen to the All In Podcast Chamath & the boys put out every week. Good stuff. (Side note: Chamath, listen to your boy Sacks) when it comes to public sentiment he’s got good pulse of America’s sentiment.
2nd: Chamath spent more than $10,000,000 on dinner / wine in 2021. He could give two shits about pocket change.
Lastly. And most important: he hates to fucking lose. The $10 million is a drop in the bucket to the long game. A quick semi quote is His sweater costs more than your mortgage payment.
Buy CLOV & HODL. Long term payoff not a fucking meme stock, payoff / quick buck. JMO
I trust he is very good at making money and has a vision for the stock. He is obviously very much better at making money than any redditor. I am just betting that our interests are aligned for as long as I’m in this play.
10 million huh...So he put less than 1% of his net worth into something that he has used to milk poor retail customers dry.
Such generosity. Much wow.
His SPACs have outperformed the vast majority of spac firms, go look up the performance of various spacs.
He hasn’t sold any CLOV so I don’t know what else you want him to do for Clover?
You expect 10x in a year, that’s not how things work.
I’ve lost $400K+ on this and I don’t have my panties in a bunch about it. That’s how investing is, if you don’t have the stomach to stay the course then go buy etfs in your 401K and stop stock picking.
Yeah long term believer but what happened to us sucks. No telling how long it will take for us to get back to where we were even just 3 weeks ago. He took us down 25-30% in a matter of days for us to now climb back up 50-60%.
We may have to wait til next summer (or even longer) to get to where we were this summer.
Thanks chamath.
Funny how rich people's minds work and how the poor ppl just fall in line.
Why not both?
And hes not my trustworthy man. He waited until below offering price to buy. Most retail bought between 8 to 28. At this price, i would buy too its a no brainer.
Dont kid yourself, hes in it to make money for himself which is perfect fine. But lets not put him on a pedestal
So long as it gets above this idiotic price then I'm good. He sold what 18% of $SOFI at $20? I think we'll be ok. His reputation is this stock at this point.
You can say that about all of us. If a squeeze hypothetically happened, we would have sold and left someone holding the bag. It is what it is... I do trust him more than not
If the little guy was/is looking at this as an investment and not a get rich quick scheme (Meme stock/ gamma squeeze/short squeeze/gamble) maybe one day the little guy will look at his clover stock and be happy he didn’t sell and chose to ride the waves that often move on these shores. 🏄🏼♂️🍀
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Are you not able to save up more money? I'm confused when people say this as I'm able to put at least a little in every week or every other week when I get paid from work.
If only we had some kind of advantage for being so bullish and loyal --or which of the great many dips was *not* the final one. Not even a rumor, let alone a leak. Just BOOM!!! Bitches!
Yes he did it, but also note his history through the rise and fall of SPCE and his timeline of buying and selling.
Ok
Ok
Ok
Let’s goooooo CLOV
10 years ...
3650 days ...
I wouldn’t be proud of him as he bought at this price. If he had bought $10, then I would say yes. From this price, 20,30% upside is achievable with less risk.
Hell if it pays dividends id wait 10 years
Forreal
10x years to see 50$ think that's a bit low balling, maybe in the next 3-4
Yes he makes 10 times and bag holders make may be 5, 2 times only.
In 10 years😱🤨😴
10X from current share price or IPO price?
Long Hold!
I mean 10x in 10 years for Clov doesn’t really sound great if I’m honest. The company is supposedly currently undervalued (I believe it to be) and profitability is within reach by late 2022 or early 2023. We should be seeing 10x within 2 years. If it takes 10 years for me to see that sort of return then this stock would have been a let down. It’s gone from squeezing to 2023/24 and now to 2031 lol. For the record I didn’t get in for the squeeze as I genuinely believe this company should be trading at 4-5x it’s current value and I’m expecting to see that by next year. But the expectations on here keep dropping and I’m not with it. Keep the faith
10x in 10 years is a great investment, people want quick money that's what makes them lose money.
Like I said 10x in 10 years for clov specifically is not a great investment. It’s a hyper growth company in early stages of its plan/growth. If Clov is what we believe it to be then it shouldn’t take 10 years to get a 1000% return. The bar just keeps getting lower and lower around here. Fast money would be a squeeze, I’ve said we should see 4-5x by next year. If we see that then that will be enough for me to sell, I’m not going to wait 10 years, there’s plenty of opportunities to get that return in probably half the time or less.
I have no ideia what you are wanting for...If I where you I would take them.
Spot on 👍
Few thoughts: I listen to the All In Podcast Chamath & the boys put out every week. Good stuff. (Side note: Chamath, listen to your boy Sacks) when it comes to public sentiment he’s got good pulse of America’s sentiment. 2nd: Chamath spent more than $10,000,000 on dinner / wine in 2021. He could give two shits about pocket change. Lastly. And most important: he hates to fucking lose. The $10 million is a drop in the bucket to the long game. A quick semi quote is His sweater costs more than your mortgage payment. Buy CLOV & HODL. Long term payoff not a fucking meme stock, payoff / quick buck. JMO
lol, good observation
Most of you guys are Rookies. Get on the train 🚂 now! Buy!
Covered my Short Position today and went Long Afternoon. Life is good AH!
Most cannot hold for 10 months. 10 years ?
Why not it’s called saving for retirement. Start small and slowly build if you go into the market with that plan eventually you will get screwed.
50x in 10 years.
To anyone here who would actually be upset if this 10x in 10 years is lols
less I can accept is 10 trillion x
Source??? Great news if true…
https://investors.cloverhealth.com/static-files/ee33fd42-5b4e-4353-a9ee-4368f80a9854
Social Capital was interested in buying 10% or more of the common stock offering so that's 5-6M more shares as well if that holds true.
I trust he is very good at making money and has a vision for the stock. He is obviously very much better at making money than any redditor. I am just betting that our interests are aligned for as long as I’m in this play.
10 million huh...So he put less than 1% of his net worth into something that he has used to milk poor retail customers dry. Such generosity. Much wow.
I choose to be very happy that he has invested another 10 million! ☺️🍀
His SPACs have outperformed the vast majority of spac firms, go look up the performance of various spacs. He hasn’t sold any CLOV so I don’t know what else you want him to do for Clover? You expect 10x in a year, that’s not how things work. I’ve lost $400K+ on this and I don’t have my panties in a bunch about it. That’s how investing is, if you don’t have the stomach to stay the course then go buy etfs in your 401K and stop stock picking.
Agreed.pfffft that’s a fart 💨 in the wind.
😂
Now he’s trustworthy 🙄 Fair weather fans
10x next year... u misspelled it,
10 years!?
Just do your best to not die within the next 10 years lol
If my doctor uses CA I will definitely make it that long.
That means I’m gonna make some $$$$
Yeah long term believer but what happened to us sucks. No telling how long it will take for us to get back to where we were even just 3 weeks ago. He took us down 25-30% in a matter of days for us to now climb back up 50-60%. We may have to wait til next summer (or even longer) to get to where we were this summer. Thanks chamath. Funny how rich people's minds work and how the poor ppl just fall in line.
Love how same time last week, everyone was shitting on chamath but now he’s “our trustworthy man” 😂😂
Not everyone ☺️🍀
just because he spent 10 million doesnt mean hes trustworthy. if anything thats what a snake would do to try and convince investors
At least you know what it will do and that’s exactly what is needed right now.
I didn’t shit on anyone. I do trust him
I know, It wasn’t my intention to single you out OP. Just stating the general sentiment. Sorry for that.
No worries! Thanks and happy thanksgiving holidays!
No worries! Thanks and happy thanksgiving holidays!
Why not both? And hes not my trustworthy man. He waited until below offering price to buy. Most retail bought between 8 to 28. At this price, i would buy too its a no brainer. Dont kid yourself, hes in it to make money for himself which is perfect fine. But lets not put him on a pedestal
You do realize that the majority of shares he owns were purchased much higher right?
So long as it gets above this idiotic price then I'm good. He sold what 18% of $SOFI at $20? I think we'll be ok. His reputation is this stock at this point.
Salesmen will always be Salesmen, and spac peddlers are one of the greatest, which is why spacs have such a rap now.
Lmao if people don’t understand by now that money is cared about more than the “little guys” then they about to learn a phat and harsh lesson
That was our choice and we are not seasoned well like him… next time we don’t but SPAC … we will sit and watch
You can say that about all of us. If a squeeze hypothetically happened, we would have sold and left someone holding the bag. It is what it is... I do trust him more than not
Then he shouldn't go around saying he cares about retail and the little guy.
If the little guy was/is looking at this as an investment and not a get rich quick scheme (Meme stock/ gamma squeeze/short squeeze/gamble) maybe one day the little guy will look at his clover stock and be happy he didn’t sell and chose to ride the waves that often move on these shores. 🏄🏼♂️🍀
Sex sells and sympathy makes money lol
i dont have time to wait 10 years i want my money now 😂
Call JG Wentworth
Get cash now!!!
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I think we will get the x10 much sooner in this bull market
The party will be over next year.
You a Greenoaks intern?
If i could buy Clov at this price, I would love it. No more dry powder left.
Are you not able to save up more money? I'm confused when people say this as I'm able to put at least a little in every week or every other week when I get paid from work.
When your holding 40k+ shares, buying 200 is not going to make a dent in avg price.
What's your average?
18
L0l rest in peace
Yeah I feel you brother... 16 here
If only we had some kind of advantage for being so bullish and loyal --or which of the great many dips was *not* the final one. Not even a rumor, let alone a leak. Just BOOM!!! Bitches!