eHealth, Inc (EHTH)

[ClarkKant]

Carson Block is a notorious short seller. He does not belong on CNBC and arrogantly bashes good companies.

I watched the piece, he gave ZERO verifiable information as to why he believes $EHTH is a fraud other than yelling it.

He honestly needs to clarify or retract his statement or I can see some lawsuits coming his way too soon.

Wow, i wonder if he is short in $EHTH.

[MilitaryDeals]

It is more of a crime to have a short seller scream SELL on CNBC !!

[VortMax]

Crazy, he will have to be investigated. EHTH puts constraints on lifetime value of sales for precisely the unknown...if/when the actual money collected is greater its a "tail" and they add it to revenue and profit. On a cash basis they are collecting around $250m in 2020 with all in costs around $200M...so even on a cash basis they are profiting $50M EBITDA in 2020 lol plus the extra as plan stay on the books 2021 and 2022 etc....

Medicare Advantage, their biggest seller, has commission rates that have moved up each of the last 5 years and will do so for the next 5. The profit margin on these sales is expanding.....

EHTH gets no cost referrals every day from people who had friends who signed up already...easily doing $200M EBIDTA here by 2021....

[madeindet]

So he screams $20 and covers in mid 90s?

[madeindet]

CNBC was his platform to allow cover under $100 what a scam

[crudeoil24]

It will bounce back. That clown is a scammer.

[Actualfactual]

And it dropped $20 the instant he mentioned it

[MilitaryDeals]

Carson Block (Huge Short Seller) is on CNBC right now bashing EHTH

He also said that it was only worth $20.00 per share
"The company is not legally a fraud but it operates in a fraudulent manner"

[crudeoil24]

Yes you are! > $156 in PM.

[budgetthis]

Congrats, Vortmax !!

You have been calling for these marvelous financial results for a year !! You nailed it.

Looks like Blue Skies ahead for E-Health.......

$$ EHTH $$

[VortMax]

Should be 4.5b mc now

[VortMax]

I'm amazing lol I know all their numbers before they do

[crudeoil24]

Nailed it > 147.25 in AH.

[VortMax]

EBIDTA for 2020 well over 150M they are spending some money on capex and other things due to growth....plus they are a conservative group on their forward looking. Likely see 175M 2020 EBIDTA

[VortMax]

you make millions with me here/?

[VortMax]

setting up for 160s this week because their 2019 well over 100m EBITDA and 2020 150M+ figuring 4.5B market cap is the current value on this thing

[balamidas]

heading that way now ! good call~thanks

[VortMax]

2019 500m rev 140m gross

2020 650m rev 200m gross

2021 850m rev 275m gross

2022 1.1b rev 400m gross

2025 2b rev 700m gross

Buyout 500pps

gross means EBIDTA

[VortMax]

get ready, I expect this to be near 130 by next Thursday, then when they report AH Thursday I expect to see on Friday up near 150 PPS here.

I expect them to report a 10% bump in Medicare topline or $40M bump, which translates to $135M EBITDA and $60M Net. This would be a 50% increase in EBIDTA from the preliminary they just put out and a 100% increase in the net they just put out.

For 2020 they should have a $200M EBITDA so base the stock price on that....has to be $4B to $5B MC or PPS $200

[balamidas]

thanks for pointing it to me ! time to buy some calls:)

[VortMax]

count down is set to earnings in 2 weeks, expecting the final results to be at least 10% higher than preliminary. their largest seller is Medicare Advantage, and they've been lowballing the estimates of money they get on them. any increase in pay goes straight to the bottom line.

I expect Medicare revenue to come in at $440M for 2019 EBITDA to be $130M and net $70M, or 100% more net income than preliminary.

I expect the stock to be 150+ by end of this earnings report in 2 weeks...

[balamidas]

we are talking about an intraday trade here VortMax and not going against the trend

[VortMax]

I disagree they hinted at much higher margins they will report in a few weeks. This company is going well over 100m EBITDA in 2019 and goodrx had 3b valuation when it hit that mark. Pps 150 here is where it's going by march

[balamidas]

you can still play the put today after the pop ! it will fade at some point

[VortMax]

I was gonna buy feb 130 calls yesterday for .50 let's see how much money I could have made

[makinezmoney]

$EHTH: Wow... Massive Morning move 18%gainer


No wonder someone rolled in 500 calls on Tuesday !


Unsual volume wins again.






GO $EHTH

[crudeoil24]

Last 8 weeks EHTH > $$$$$

[VortMax]

2019 500m rev 140m gross

2020 650m rev 200m gross

2021 850m rev 275m gross

2022 1.1b rev 400m gross

2025 2b rev 700m gross

Buyout 500pps

[VortMax]

200 actually I expect gross profit of 200m EBITDA in 2020 they will report 125m ebitda for 2019

[VortMax]

150 soon

[VortMax]

Told ya even bigger then I say

[whytestocks]

$EHTH short squeeze signal Ehealth Inc Nasdaq Ehth Short Squeeze

[VortMax]

Update

2019 425m total rev 115m gross

2020 575m total rev 175m gross

2021 775m total rev 275m gross

[crudeoil24]

Loading 106.'s

[crudeoil24]

$111.16 in PM. Well on the way to your PT of $150.

[VortMax]

Looks like quite a bit more. They are at 2021 levels for 2019 based on my article. The adjustments are below. At the end of the day, this is a $200M gross profit per year endeavor in about 24 months. With $300M not too far after that. I'd base my valuations here on a $300M profit per year company....have to figure $6B+ shortly....plus, they will have plenty of cash to branch out. I'm nearly certain you will see something like Amazon's Pillpack partnered here on Medicare...PPS of $300 is a good target. Big picture, 5+ years, $500+ per share....

2019 should be 300M Medicare Revenue $100M Gross profit

2020 359M Medicare Revenue $135M Gross

2021 413M Medicare Revenue $186 Gross

2022 472M Medicare Rev and $231 Gross

[Alan Brown]

Very optimistic. Some seekingalpha authors, however, held a very pessimistic view.

Link below: https://seekingalpha.com/news/3454546-ehealth-beats-0_45-beats-revenue

Some even said that it s just a call center business scam without any competitiveness and moat around its business model...Sad....

[Golden Cross]

EHTH Daily Chart:

[whytestocks]

News: $EHTH Nearly Half of Insurers Intend to Increase the Number of ACA Plans They Offer in 2020, According to eHealth Survey

SANTA CLARA, Calif. , May 30, 2019 /PRNewswire/ -- Today eHealth, Inc. (NASDAQ: EHTH) ( eHealth.com ) released results from a survey of health insurance companies  touching on enrollment trends, public policy issues, and the politics of health care in the United States . Ins...

Got this from https://marketwirenews.com/news-releases/nearly-half-of-insurers-intend-to-increase-the-number-of-aca-plans-they-offer-in-2020-according-to-ehealth-survey-8273012.html

[whytestocks]

News: $EHTH eHealth, Inc. to Announce First Quarter 2019 Earnings Results on April 25 at 5 p.m. Eastern Time

SANTA CLARA, Calif. , April 11, 2019 /PRNewswire/ --  eHealth, Inc. (NASDAQ: EHTH) , a leading private online health insurance exchange, announced today that the company plans to release first quarter 2019 financial results on April 25, 2019 . Chief Executive Officer Scott Fl...

Find out more https://marketwirenews.com/news-releases/ehealth-inc-to-announce-first-quarter-2019-earnings-results-on-april-25-at-5-p-m-eastern-time-7985998.html

[VortMax]

They have no competition. Only medicare.gov

I suspect medicare.gov will allow a partnership like healthcare.gov


This company headed to 200 per share.

I suspect we will see medicare eligibility lower to 60 or 55 as a solution to healthcare. 400 per share then toward 2025....

[_asa]

Question for VORTMAX

Congrats, you have been all over this one. Since you're a Medicare broker, do you know who eHealth is competing with? What are the other online enrollment brokers that are doing this? Any idea what EHTH's market share is of these online Medicare enrollments? I've tried to google all of this info but it's hard to get a clear picture.

[budgetthis]

I agree, Crude !! A great buying opportunity this morning, imho......

[crudeoil24]

It will come back! > Probably run $70+

[budgetthis]

Bought some March 15th $65 calls’ on the dip .......

Come to Daddy......

[VortMax]

70s in march

[budgetthis]

You got it, Budget......yippe.

[budgetthis]

Gimme $65 dang it !!!!!

[VortMax]

65 ah

[crudeoil24]

Solid trading day here. I like this equity.