Clover Health Investments Corp (CLOV)

[Corundum]

Nice video. But IMO you are mistaken that a short squeeze is going on. This is clearly a meme stock at the moment, and the volumes represent the lemming-like pursuit of profits by the meme players (which by the way include major institutions now, and not just retail players). In my opinion, the current rise in the stock price is also being aided and abetted by the original short sellers themselves (at least the ones associated with the warrants -- see my prior posts).

You use "short volume" analysis in your video. The usefulness of this type of information has been completely discredited, and is actually disavowed by NASDAQ and others that supply this information. Please go to their website for their explanation of why this information can be extremely deceptive.

I accept that "short interest" (a different set of statistics) can be useful. But the stats that people are using for CLOV appear wrong and outdated. And even if they are correct, you have to adjust out things like warrants, convertible bonds, and convertible preferred stock -- all of which undermine the short squeeze theory for many stocks, including this one.

I am happy that you had a good day in the market. It was an incredible day for many meme stocks. The sad thing to me is that your expertise is being used to support a very short term price swing that is not based on any news or catalysts or any change in the underlying operations of the company. This is great for meme swing traders, but inexperienced traders could wind up losing their shirts. Especially in the options market. Please come back here on June 18 to report how you did.