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OT: MLGO will be pumped soon. I will be out once that happens
I guess what I'm asking I like AMC way better , if I can bail on MLGO and buy AMC cheaper really no lose , a little conflicted with MLGO/CLOV
ya also brother sold some made 20k bought 15k shares of AMC / CLOV
ya 3 bucks is possible mid term , MLGO is struggling what do think? CLOV
OT: Thanks, brother! I will dd RNAZ tonight! :)
CLOV is a unique Company. I spent a good amount of DD time on it. Long-term buy and hold! The growth potential is enormous! IMHO
ya missed that news CLOV
Hell yes Clover health!!! RNAZ Is next dudes!!!!
CLOV sorry for the typo.
3 different insiders have bought COLV shares within the last week. There are 3 Form 4's that were filed. They are public records and easy to see. We all know what this means!
CLOV JOY - RIPTIDE😎🫱💰💰💰💰💰💰💰🚀🏦
CLOV...................................................https://stockcharts.com/h-sc/ui?s=CLOV&p=W&b=5&g=0&id=p86431144783
Insider buys about 1 million dollars worth of stock on 6/17 @ $1.14
https://www.otcmarkets.com/filing/html?id=17631211&guid=nUO-kWNHuR52B3h
Insider buys about 1 million dollars worth of stock on 6/17 @ $1.14
https://www.otcmarkets.com/filing/html?id=17631211&guid=nUO-kWNHuR52B3h
Looks like CLOV is about to run. All positive news lately with a profitable earnings surprise (Q1) and a half star upgrade to boost 2025 earnings and profitability. IMO nothing not to like at current levels.
https://ih.advfn.com/stock-market/NASDAQ/clover-health-investments-CLOV/stock-news/93795060/clover-health-reports-strong-first-quarter-2024-fi
$CLOV about to run a little~? Hhmmmmm
Seems it may.
Pushed past resistance busted above a dollar !
Heavy shorted serous buying pressure.
Now it's at or close to being profitable as a company.
Now it's GETTING attention.
This is a stock that can go through the roof !
If retail investor's slam buying pressure short positions close 🚀 rocketing this to the moon 🌙
big time shorted plays are hot
I think he’s doing fine
I smell something brewing here. Had to load up After Hours…
How’s that working for you now hope you covered
Lmfao
This one is still heavily naked shorted IMO. It's just silly me though.
Like it!!!!
This is the figure I have 26.11M from finviz... 7.04% of the float short... GLTA
Any idea if $CLOV is still heavily shorted~? "They hide everything so well.
mark short shares as long shares and other nefarious stuff.
Anyone have any idea~? Still hold some CLOV.
TIA
Posting old articles. How much money are you losing? No comment on the great earnings?
"We’re delighted to have delivered our first quarterly Adjusted EBITDA profit as a public company,” said Clover Health CEO Andrew
Toy.
Clover Health Reports Strong Second Quarter 2023 Results; Highlights Improved Financial Performance and Guidance
Ranges
Insurance revenue grew 17% compared to Q2'22, and second quarter Insurance MCR improved to 77.2%, bringing first half MCR to
81.9%
Company reports Q2 Net Loss of $28.8 million, and Adjusted EBITDA profit of $10.0 million
Improved 2023 guidance includes Insurance MCR of 83% - 85%, and Adjusted EBITDA of ($70) million - ($120) million
FRANKLIN, Tenn. - August 8, 2023 – Clover Health Investments, Corp. (NASDAQ: CLOV) ("Clover," "Clover Health" or the
"Company"), a physician enablement company committed to bringing access to great healthcare to everyone on Medicare, today
reported financial results for the second quarter 2023. Management will host a conference call today at 5:00 p.m. ET to discuss its
operating results and other business highlights.
For the second quarter 2023, the Company reported revenue of $513.6 million and net loss of $28.8 million. Adjusted EBITDA in the
second quarter 2023 improved to a gain of $10.0 million compared to the second quarter 2022 loss of $83.9 million. Compared to the
second quarter 2022, Insurance revenue grew by 17% to $314.4 million, and MCR improved to 77.2% from 92.1%. As contemplated
in the Company's previously disclosed strategic shift for the Non-Insurance segment, Non-Insurance revenue declined by 67% to $193.5
million, and MCR improved to 99.6% from 106.0%.
"We’re delighted to have delivered our first quarterly Adjusted EBITDA profit as a public company,” said Clover Health CEO Andrew
Toy. “We have been strategically focused on demonstrating the strength of our model by maturing operations, driving efficiencies, and
continuing to invest in Clover Assistant R&D and our home care capabilities. We have multiple exciting initiatives in each of these
areas that we expect will allow us to maintain our momentum through the second half of the year and into 2024. We are reflecting that
expectation via significantly improved full year 2023 guidance for the Insurance segment and on a consolidated basis."
"Insurance MCR improved by more than 1,400 basis points and Non-Insurance MCR improved by more than 600 basis points,
demonstrating the strength of our strategy and our ability to make strides towards sustainable profitability,” said Clover Health CFO
Scott Leffler. “We are excited about our improved outlook for 2023, the favorable impact on our liquidity position, and are also
increasingly confident in the Company’s potential to deliver profitability on an Adjusted EBITDA basis for full year 2024 without the
necessity of raising additional capital."
https://investors.cloverhealth.com/static-files/3731b516-6961-45d8-aba6-7509a4b31791
Do what’s best for you. I wish you the best the history of this company speaks for itself.
Brining up old news like you know what your talking about. Hope you covered.
The truth will set you free. I wish you the best
If you don't want to read the filings that is fine. Very typical in wall st. I'll be fine with my average of $1.03
Crooks
Clover Health: How the “King of SPACs” Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation
https://hindenburgresearch.com/
Spin it how you want cfo dumped 350 thousand just the other day
Sorry your screwed
So many incorrect shit posting.
1) It was for tax obligations like an other stock RSU's
2) NASDAQ compliant today (10 days over $1)
3) there is no R/S, but there is a vote for one (NASDAQ compliant might make that useless now)
4) settled lawsuit = great
5) share dilution at $5.75 was the right call considering this dropped below a $1 and would have had to dilute more if they waited
1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on July 25, 2023, of 25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on July 25, 2022, and timely reported on a Form 4 filed on July 25, 2022. The remaining RSUs vest in twelve equal quarterly installments beginning on the date that is three months after July 25, 2023, in each case subject to the continued service of the Reporting Person on such vesting date.
https://www.sec.gov/Archives/edgar/data/1801170/000089534523000420/xslF345X05/form4.xml
CFO sold shares. it’s posted in filings not a good sign
Summary of events
Company settled lawsuit paying out millions to investors for sec rulings they lost
Then they do a big share selling on market diluting stock
Now there doing a reverse split the other way.
Obviously pissed they had to payout
It’s their leadership failure stealing more shareholders money but I’m sure they would say it’s just business
Rev split 1 for 5 or 1 for 20. Bunch of crooks
points are all wrong , its already succeeding in its software CLOV
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