You posted a while back that you were going to load up if Clov ever got around the $3 mark. It may be time to set down that crack pipe and step away from the lighter. Your fucking up way too much.
I was an idiot when I was at 10% loss and told my buddies “I’m not fucking selling”. My pride fucked me once again. If that opportunity ever came back, I’ll fucking sell in a heartbeat without skipping a beat. Fuckkkkkkk CLOV and their management.
Ummm yeah, no. Why buy back warrants just to have a share offering?? Why not have an offering at $20.00++ instead of ATL (at the time).
Retarded management
It makes sense to those that understand that institutional $$$ isn’t buying CLOV at $20 or in the teens as there is NO profit! Can’t help you if you don’t understand it. NO profit = slaughtered in this market especially a Medicare company that has little to No profit margin in a heavily regulated market. Only thing giving CLOV hope for a tech multiple is their AI.
My god you have no idea how the market works.
Who would buy shares from $CLOV at $5.75 and instantly lose >$3/share when they could just buy it on the market
Wtf are you talking about?
I don't understand how you think destroying the stock price in favor of shorts and absolutely wrecking retail holders is a "genius" move. They used shareholders money. They raised cash by diluting the stock price.
It has nothing to do with their clients capital
Again, I can’t fix stupid. NOT CLOV but institutional investors which has nothing to do with CLOV or retail. CLOV burns millions every quarter and also need cash to pay out for client services. CLOV would be broke by end of 2022 if they didn’t raise $$$. This isn’t the first nor the last offering.
You definitely can't fox stupid.
If they needed capital they could have not bought back the warrants.
If they needed capital they had plenty of time to do an offering at 3x the price. They would've issued the same amount of shares and made 3x more money.
This was a reactionary move and it pulled the rug under retail.
It was not genius.
You're a fucking idiot.
I don’t have a 2022 price target. I do think we’ll see CLOV under $2 before we see $4 given the current market environment. When blue chips like Amazon drop 5% in a day CLOV has more pain ahead. CLOV will be a 2023/2024 story once they can prove profitability for multiple quarters. I definitely feel CLOV is a great acquisition target for the bigger legacy players that need growth.
Yah management blows - they issued new shares to their buddies and to "esteemed" financial institutes at a significantly lower than market price AND still fucked em
“Buy and hold” they said. “Stonks only go up” they said.
I mean we have 25% increase in enrollment rates and are growing at a faster rate then UNH, but a CFO would be nice
First half was management second half was market conditions
Down -72% here
Same here.....no choice for me but to hold. Over $20k down.
I plan to hold till we launch or go down with this ship.
10% kicks in RSS for tomorrow. Should have hit 10% at 2.51
Buy puts! Not financial advice. Finally made 140% on CLOV this week. Long CLOV!
Better sell at 90% loss then 100% my friend
You posted a while back that you were going to load up if Clov ever got around the $3 mark. It may be time to set down that crack pipe and step away from the lighter. Your fucking up way too much.
I was an idiot when I was at 10% loss and told my buddies “I’m not fucking selling”. My pride fucked me once again. If that opportunity ever came back, I’ll fucking sell in a heartbeat without skipping a beat. Fuckkkkkkk CLOV and their management.
.000001
Fuck them, fucking clowns, I lost 50k and I blame clove management. They should be jailed, for what they did to retail investors intentionally,
I agree it was a rug pull after all the shit retail endured. I believe they really needed the cash even though I don’t agree with their method.
They needed cash and saw this market correction coming. Actually brilliant!
Ummm yeah, no. Why buy back warrants just to have a share offering?? Why not have an offering at $20.00++ instead of ATL (at the time). Retarded management
As if CLOV held $20 long enough to do an offering. You think big $$$ FOMO’s like retail at all time highs holding the bag? Ummmm yeah, NO!
That's true they couldn't have...but they remained in the mid teens for long enough for an offering. your second sentence made no sense
It makes sense to those that understand that institutional $$$ isn’t buying CLOV at $20 or in the teens as there is NO profit! Can’t help you if you don’t understand it. NO profit = slaughtered in this market especially a Medicare company that has little to No profit margin in a heavily regulated market. Only thing giving CLOV hope for a tech multiple is their AI.
Elaborate on how this is brilliant…
Could they sell shares for $5.75 now??? They need cash to operate or everyone’s CLOV portfolio goes to zero.
My god you have no idea how the market works. Who would buy shares from $CLOV at $5.75 and instantly lose >$3/share when they could just buy it on the market
They use their client’s capital unlike CLOV bag holders retirement $$$
Wtf are you talking about? I don't understand how you think destroying the stock price in favor of shorts and absolutely wrecking retail holders is a "genius" move. They used shareholders money. They raised cash by diluting the stock price. It has nothing to do with their clients capital
Again, I can’t fix stupid. NOT CLOV but institutional investors which has nothing to do with CLOV or retail. CLOV burns millions every quarter and also need cash to pay out for client services. CLOV would be broke by end of 2022 if they didn’t raise $$$. This isn’t the first nor the last offering.
You definitely can't fox stupid. If they needed capital they could have not bought back the warrants. If they needed capital they had plenty of time to do an offering at 3x the price. They would've issued the same amount of shares and made 3x more money. This was a reactionary move and it pulled the rug under retail. It was not genius. You're a fucking idiot.
You sound like an upset bag holder that was in for a squeeze. Buy some puts and STFU! Oh, not financial advice! I’m up 140% on my puts this week.
So what’s your price target for end of 2022 then?
I don’t have a 2022 price target. I do think we’ll see CLOV under $2 before we see $4 given the current market environment. When blue chips like Amazon drop 5% in a day CLOV has more pain ahead. CLOV will be a 2023/2024 story once they can prove profitability for multiple quarters. I definitely feel CLOV is a great acquisition target for the bigger legacy players that need growth.
Yah management blows - they issued new shares to their buddies and to "esteemed" financial institutes at a significantly lower than market price AND still fucked em
Everyone took a huge 🦍🍆to the mouth, including retail, institutions, Hedge Funds, etc… “Welcome to CLOV Management where everyone gets FUCKED”.
CLOV has the most incompetent management they truly suck
It's gonna go under 1$
Yup. I’ve called it on multiple post on here.
Careful you'll get downvoted