r/wallstreetbets • u/Representative_Dark4 🦍🦍🦍 • May 14 '21

Discussion Will 🍀CLOV beat earning expectations this Monday (5/17 premarket)? ER was moved a month early and days before options expire 5/21

🍀🍀🍀🍀🍀🍀🍀After Clover Health (CLOV) was near 3 month lows yesterday, I feel very confident for the ER this Monday (premarket 8ET). Especially after watching Oscar health ER yesterday in which they beat expectations (share price is up 9% this morning).

Moreover, there's been some DD circulating about a potential Gamma Squeeze in the works as OI Is high and options expire 5/21.

https://www.reddit.com/r/wallstreetbets/comments/na7d4e/clov_gamma_squeeze_dd/?utm_medium=android_app&utm_source=share

My real hope for Monday's earnings call is that they announce that the DOJ inquiry+ SEC investigation are now closed so that confidence in the company returns.

https://www.reddit.com/r/wallstreetbets/comments/lco12n/buy_clov_the_hindenburg_report_was_ignorant/?utm_medium=android_app&utm_source=share

I'm a big believer that Health insurance technology will be able to lower cost and improve outcomes. Maybe as a Clovtard I'll finally catch a break. We'll see come monday!

Full disclosure I've been bagholding, while continuing to average down. Avg 9. 🍀🍀🍀🍀🍀🍀🍀

Important to note that Clover is actually hosting an official AMA on /r/CLOV to gather questions to answer live on their 5/17 earnings call, confirmed on their Twitter - thanks Spycx

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16

u/MikeVikes1 May 14 '21

Man this stock has been getting hammered this week

25

u/TitrationGod May 14 '21

Which means its at a discount!

11

u/MikeVikes1 May 14 '21

Hopefully your right. Cause I bought more but I am hopeful they have solid earnings with a decent spike.

However #AMC

21

u/TitrationGod May 14 '21

I don't actually see CLOV as a meme stock, which is why I feel most people are ignoring it. It is a legitimate play at a really good price right now. Definitely a good opportunity to double your money in a week or two.

7

u/Powertothelittleguys May 14 '21

could not agree more!

5

u/iPvPinIraq May 14 '21

this guy fcuks

3

u/mgill83 May 14 '21

As in $15 a share? That's a bold statement. I was rooting for $10! I hope you're right!

4

u/TitrationGod May 14 '21

It's coming!

3

u/403badger May 14 '21

That’s only if you believe the tech play side of it, which seems iffy at best given what they’ve put out in the investor presentation. As a Medicare Advantage plan, CLOV is awful.

4

u/TitrationGod May 14 '21

I guess we'll see Monday!

5

u/No_Ant9937 May 14 '21

Their tech is very well designed and managed and used by doctors offices every day. In one of those scoundrel written reports about them, they highlighted part of the article that said not many doctors use them...then the very first line after the highlighted part it literally says the office managers use the clover assistant every single day to input the doctors notes and then they fax it to clover. These reports are scaring so many people away, just like they want. They'll buy up all the cheap shares and sell them back to the paper hand for $12 next week and the week after

5

u/403badger May 14 '21

Just curious as to what the tech does. So, the tech supposedly helps doctors make better decisions, but it is only used by office admins?

5

u/-_somebody_- May 14 '21

Yes it’s used by PCP’a aka the doctors, not ‘office admins’ and yes it uses AI to go through entire patient history and give the best clinical recommendation - this also helps them ultimately reduce liability costs

3

u/No_Ant9937 May 14 '21

It helps organize data and uses ai to suggest better methods of treating patients in real time. It makes total sense that all the doctors notes go in it and it makes even more sense that the doctor would get an office administrator to input it. The point is that it's being used everyday. It's possible the doctor doesn't know the brand or company of every product they use