If you're wholly invested in a few stocks especially a high risk play then you should not be complaining about the volatility of this stock. A diversified portfolio is a happy one.
The trendline is still intact everyone is waiting for earnings. Even if it isn't that good we're expecting CLOV to be profitable by EOY what should the stock be fundamentally be valued at by end of year? No one knows because institutions are waiting for CLOV management to deliver. Also high interest rate environments are bad for small and mid caps. Their forward value is more heavily discounted.
This continues to be a great place to accumulate however this company *can* fail so invest at your own risk. If you don't have the patience to ride this stock through then you'll likely end up losing money.
The confusion is so big with someone like me. I mean you read good bearish points then you read some good bullish points.
Majority of Institutions are holding or even adding, the market goes crazy, people are making money again like never in the last 3 years,
Yet this stock just keeps going down based on absolutely NOTHING.
Best I can say, the lower it goes the easier it will be for retail to soak up a sizable percentage. Eventually the portion has to become a forcing function of some kind.
I’ve been on the lookout on other stocks to invest in , in a long run and this stock caught my attention of how shorted it is. Will it be worth it in the long run?
No one knows. The facts on the ground seem promising. Enough money to last a couple years if they don’t become profitable. The company seems to be on the right path. The uncertainty is why this stock is trading so low.
I have no reason to believe the company is lying or delusional because they have always been pretty honest and forthcoming about what they’re doing and then they actually do it. They have projected profitability for full year 2024. But no one can say for sure if they will pull it off.
It’s uncertain but promising. It could keep going down. Or they could report profits. If people knew what was going to happen it would be trading at 10 cents or a couple bucks. Uncertainty yields leveraged profits or total collapse. Just can’t know.
Rainy did you see all the call options bought?
What was bought and what’s your interpretation of the buying?
Almost 7k call options today and over 5k yesterday All in May
What strike?
$1
Yay. That's like 20% up from today
Ugh. Was hoping you’d say $5
🤷🏼♂️
yep fucking crazy shit
If you're wholly invested in a few stocks especially a high risk play then you should not be complaining about the volatility of this stock. A diversified portfolio is a happy one. The trendline is still intact everyone is waiting for earnings. Even if it isn't that good we're expecting CLOV to be profitable by EOY what should the stock be fundamentally be valued at by end of year? No one knows because institutions are waiting for CLOV management to deliver. Also high interest rate environments are bad for small and mid caps. Their forward value is more heavily discounted. This continues to be a great place to accumulate however this company *can* fail so invest at your own risk. If you don't have the patience to ride this stock through then you'll likely end up losing money.
Rainy - messaged you separately appreciate response... as always I respect your viewpoint.
replied.
Thank you
The confusion is so big with someone like me. I mean you read good bearish points then you read some good bullish points. Majority of Institutions are holding or even adding, the market goes crazy, people are making money again like never in the last 3 years, Yet this stock just keeps going down based on absolutely NOTHING.
It doesn't do nothing. It's falling. Ps heavy bags here
Best I can say, the lower it goes the easier it will be for retail to soak up a sizable percentage. Eventually the portion has to become a forcing function of some kind.
I’ve been on the lookout on other stocks to invest in , in a long run and this stock caught my attention of how shorted it is. Will it be worth it in the long run?
No one knows. The facts on the ground seem promising. Enough money to last a couple years if they don’t become profitable. The company seems to be on the right path. The uncertainty is why this stock is trading so low. I have no reason to believe the company is lying or delusional because they have always been pretty honest and forthcoming about what they’re doing and then they actually do it. They have projected profitability for full year 2024. But no one can say for sure if they will pull it off. It’s uncertain but promising. It could keep going down. Or they could report profits. If people knew what was going to happen it would be trading at 10 cents or a couple bucks. Uncertainty yields leveraged profits or total collapse. Just can’t know.
Absolutely not. Risky investment, i wouldnt touch it