$CLOV.US$
Not Financial Advice.
Clover is a new health business in US with a huge growth runway. It published good financial numbers in May but went down in price severely because of short sellers attack. It is heavily shorted, but investors held on believing that the growth story cannot be suppressed, not just on hoping for a short squeeze.
The story about Citadel owning the stock dates back 31 March (per the May filing everyone seems to like to share). The stock tanked 50% after that during May. No idea if they have held that long or until now. Their position was small to begin with and they have no interest to push this stock up, else we wouldn't have gone down to 6 dollars. Shorters might even include Citadel. Nobody is sharing anything about Citadel recent holding. Half of the people trying to make the Citadel link are HF shills losing money right now, and half are salty AMC folks.
As a Clover bagholder who suffered through the short attack, I was so happy for AMC +100% run last week. I knew once hedge funds start bleeding from one position, they will need to cover and it will cascade and Clover will pick up again. I watch three tickets side by side on my watchlist, rooting for all three together. Pity the AMC shareholders don't share the same civility....