Boiler Room: The Official Stock Market Discussion

[levitate]

Going in on AMC if it dips below $8.

fukk it, I still like it long term.

 

[levitate]

Y’all want to know another long term buy?

Check out FUN (Cedar Fair).

You’re welcome.

 

[Deafheaven]

Got in under 100 for Sava

 

[levitate]

Robinhood’s speed and pricing updates shyts on Fidelity’s

 

[Serious]

I had a buy prepped at 12.10 and it got triggered. Any news why price fell today ?

Clover Health: How the “King of SPACs” Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation


I’m not done with the report but a lot of shyt addressable / happens everywhere.


They need to fix their software / make sure to regularly check in with doctors for QA and probably fire the head of sales.


Rest of the article is fluff.

 

[manyfaces]

Y’all want to know another long term buy?

Check out FUN (Cedar Fair).

You’re welcome.

This tied to Cedar Pointe? If so they might get a buy and hold for a flip from me just for nostalgia. shyt is the goat amusement park I imagine business will pick up with the vaccines being out and the summer approaching. I'll look more into it.

 

[dora_da_destroyer]

CRM is in the class with AAPL, MSFT, GOOG and AMZN for me - just buy and check back in a decade

TDOC & BIGC boogeying, QCOM still taking a hit - added 5 shares

 

[Micky Mikey]

Bought 17 more shares of PLNHF

 

[Notley]

I wrote this post before the merger, so CLOV is IPOC in this post.

This weekend I was doing some DD on IPOE.

When I started I thought IPOC was going to end up being one of my high-conviction stocks, but now I might stay away.

My first big concern is the management team: they might be under investigation. The CEO, Vivek Garipalli, and his partners also own a company that has three hospitals. Apparently, they are accused of embezzling $169 million, and falsifying the books. New Jersey state officials condemned their actions, but haven't yet recommended a criminal investigation. They also have a civil case going.

NJ legislators call for probe of insurance unicorn - MedCity News

Once I read that, I re-read the investor documents with a lot more skepticism.

Now, I don't see anything innovative about the company. The claims about the Clover Assistant, which doctor's use to provide service to patients, just does not sound innovative. They only have 57 thousand members, most of which they probably got through their three hospitals in NJ. From where are they getting Big Data? Medical information is highly protected.

They are overwhelmingly based in NJ. They haven't been able to scale.

I just don't see how they are going to take on the big boys in insurance and health care,which have millions of patients from which to draw data.

They try to position themselves as a tech company, and they use all of the Silicon Valley buzzwords, but if their technology is so advanced, why aren't they planning to sell to all doctors and hospitals? If you can cut doctor's paperwork per patient from 16 minutes down to 5, why aren't you selling your tech?

This might be a decent momentum play, but I don't see a disruptive company.

What am I missing? After all, I am a newb, and I ain't a medical professional.

The management team seems shady. They might leave after the big payday.

I won't be surprised if this acquisition gets cancelled. I can see the shareholders being a bit skeptical.

The problems with Clover were clear to me in December.

How can this management team be trusted?

I was wrong about the merger actually happening. Looks like greed won out.

Why do you think this one didn't pop like the other Chamath SPACs?

Buyer beware. This looks like the perfect short sellers stock. This hasn't spent over 20 days above $18 so when the stockholders finally get released, and allowed to trade, there is going to be a rush to exit this stock.

 

[levitate]

This tied to Cedar Pointe? If so they might get a buy and hold for a flip from me just for nostalgia. shyt is the goat amusement park I imagine business will pick up with the vaccines being out and the summer approaching. I'll look more into it.

Yep.

It’s packed every summer. And it will be packed once they are allowed to open.

 

[analog]

Lightspeed broke a $100 - we going to Andromeda

I hope the Canadian brehs in here bought into the Shopify comparisons and are eating off this

 

[HoldThisL]

Best feeling ever is when penny stocks almost reach a $1 .

I turned $100 into $1k

 

[Rekkapryde]

I wrote this post before the merger, so CLOV is IPOC in this post.



The problems with Clover were clear to me in December.

How can this management team be trusted?

I was wrong about the merger actually happening. Looks like greed won out.

Why do you think this one didn't pop like the other Chamath SPACs?

Buyer beware. This looks like the perfect short sellers stock. This hasn't spent over 20 days above $18 so when the stockholders finally get released, and allowed to trade, there is going to be a rush to exit this stock.

So eject huh?

Down 90 bucks, but that ain't shyt. I'll dip and reallocate that bread for something else with no issue.

 

[Notley]

So eject huh?

Down 90 bucks, but that ain't shyt. I'll dip and reallocate that bread for something else with no issue.

I would drop it, especially now that Hindenburg has placed a target on their back.

Serious said he sees this as a 3-5 year hold. You might be holding the bag for a few years.

I think there are much better options right now.

This looks like a short sellers dream stock to me.

 

[blues_funk_reggae]

QCOM -- took a dive below it's 20 and 50 day moving average, might be a good entry point for someone looking to get in.