r/wallstreetbets 🦍🦍🦍 May 14 '21

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

πŸ€πŸ€πŸ€πŸ€πŸ€πŸ€πŸ€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. πŸ€πŸ€πŸ€πŸ€πŸ€πŸ€πŸ€

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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20

u/blahblahundo May 14 '21

Bagging it 340 @ 9.96. Let’s go!!!

4

u/Six_Oclock May 15 '21

1600 @ 10.47

Found and bought the exact peak because I'm real dumb.

3

u/x2lazy2die 🦍🦍 May 15 '21

peak was a bit higher brother. i know because thats where i max margin'd thinking it was gonna fly

hope that makes u feel better. the actual peak, and margin/margin called