$Clover Health (CLOV.US)$
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....
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....
7
9
iYeo OP Rebelraven : Honey, Moomoo only opened in my country in Feb. Don't grasp at straws please. You sound super desperate.
iYeo OP Rebelraven : Between the two of us, I agree there's probably a clown jumping around comment chains of different stocks.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
iYeo OP Rebelraven : Sure bro. I might not be holding until then, but I appreciate the reminder. I would return the favour but guess I'm too late though?
In all honesty though, rooting for AMC as well. I want to see more hedge funds losses hit the news.
iYeo OP belluie : Yeah man. I'm chilling looking at all three on my watchlist, thinking about the downfall of the hedgies, even though I'm only holding one. I really don't understand people coming from their own stocks to spread FUD and hate though.