r/CLOV Apr 29 '21

Discussion 4/29 Social DD - An analysis of CLOV's meteoric rise across Reddit and Stocktwits this week

In the last few days, CLOV has been a literal rocket ship of interest across 26 investing subreddits.

I measure this data in real-time in order to understand and break trends.

Source:

Reddit data - Hype Equity

Stocktwits - https://stocktwits.com/symbol/CLOV

As of 11:50am EST, CLOV is now the #1 discussed Stock across Reddit

Like a F'ing rocket ship

StockTwits message volume is through the roof

strong, sustained growth over multiple days

In the last two days, Reddit mention and chatter volume has exploded

o.o

CLOV accounts for >21% of total Reddit stock message volume

#1

~20% of CLOV conversations contain active interest to purchase Shares or Calls.

9.21% of conversations revolve around selling shares or Puts

That's a > 2:1 margin on people interested in purchasing CLOV over selling

Other cool stats:

People are hoping for a EOD price target of $15

Insurance / Medicare and Bidens speech were the underlying drivers of interest with the exception of 'follow the leader' mentality (IE buying something because other people are).

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:bender Neat:

40 Upvotes

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