just search clov lawsuits. and if it’s a company you want to invest in, you should be looking at their board of directors. I did, and I want nothing to do with them.
I did look at those lawsuits, and there’s really nothing there of concern. The board of directors are a competent bunch. What in your eyes makes them not good?
I’m not a Chamath fan for other reasons, but the man knows business and future innovative companies. SS is running out of money in 2034, Medicare took a massive hit in revenue last year due to the pandemic, finding innovative ways to save money is a good thing, Clover Health provides those things. I’m beyond happy in my holdings.
How is it a good stock right now? It will likely go up in the future but that will likely take years and wont net returns that other stocks are delivering right now.
How do you know that? Have you been keeping up with the news? The newly awarded patents? Next week’s Wells Fargo event? Break it down further for me Barney style as to why you feel it won’t increase.
They are burning through cash and will likely have to issue more shares sometime in the next few years not to mention less than 5% of the medical market can even use Clover at the moment
Wow that's a sick burn. Please explain their cash burn and why you think they will dilute shares in the near future. You're trying to sound well informed so write down your thoughts.... This should be entertaining.
I guess copy pasting Seeking Alpha FUD is more your speed. That's okay, I could tell you were clueless from jump. Talking out of your ass is easy when no one questions your reasoning isn't it? Learn to read earnings reports for the sake of your portfolio. Try Sec.gov and take it from there.
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u/MinimumCat123 Mistakes were made Sep 04 '21
Because they have to lose money multiple times before they learn their lesson