🍀🍀🍀🍀🍀🍀🍀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.
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. 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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