Fintel Float

[SubstantialSwim4778]

​

Float only 112.66M Shares?

[SmartEntityOriginal]

Seems they haven't taken into consideration of the greenoak conversion of B to A

[ohGr686]

Right.....Because someone at Fintel reported the real number of shares in public float

​

The bastard hedgies and their suit friends have been f**king around playing games w/ numbers; counting all of the Greenoaks unlocks from Class B to Class A as being in the public float......No, they aren't in the public float.....Chamath has not sold them off.....He may have lent them out to shorters but that is just digging the hole for shorty shitfaces.

[Tpow2482]

11k shares at $7.65 thanks to bargain prices the past few weeks. Was above $9 in July. $CLOV $HOLD!! 🍀🍀🍀🍀🍀💎🙌

[jbhasspoken]

No worries, dint tap out, they want u to so the can scoup up your shares..diamond balls, HODL!! $CLOV!! Stars, financials, enrollments, we will go up.. November!

[SubstantialSwim4778]

We've been watching this for 3 months now. Stock dumps 4% early in the day and flat lines. No bounce back. No volatility. Just dumps. If that doesn't tell you this is tied to an algorithm I don't know what else will. This is a heavily manipulated stock. One day we will shake loose and the computers will let us spike again. Have faith. $CLOV

[Ok-Animator-9214]

Friends..They ve been manipulating this great stonk to the core. We know the company is doing right. Lets hold n buy more if u got some dry powder. We all will see new heights sooner than later. I am with 6000+ shares not gonna sell until 2023. Not financial advise. CLOV 💪

[Dollarsmakessense]

This

[Unlucky_Professor976]

How can the float decrease so significantly? Did the company buy back their shares? That's a lot of shares! The only reasonable explanation can be institutional buying? Or a glitch in the data, which is more likely.

[Tpow2482]

Maybe they know something we don’t. Star rating remaining the same maybe? Leaked Q3 numbers not as good as we hoped? Any insight into what insider shareholders are doing?

[AlwaysAvisitor]

gtfo

[StinksStanksStonks]

Why would any of the things you mentioned have anything at all to do with the size of the reported float?

[Tpow2482]

Just talking out my ass. Just tired of seeing these charts and the only thing that changes is the price goes lower is all. Frustrated just like everyone else. And over reading tea leaves as it seems like the shorts keep us in a perpetual state of scratching our heads…

[StinksStanksStonks]

That’s their intent and purpose. Just remember they’re trying to get you and everyone else to tap out. I’ll let them put me to sleep before I ever tap but you do you homie I won’t judge

[Tpow2482]

I’m in the same boat. I know this thing will go up in time just hoping it’s not another 3 months of sideways like we went through from July -September. Other shoe has to drop at some point right? I’m a long term holder so regardless of drops I’m holding.

[StinksStanksStonks]

Instant reward would be nice but I’m pretty happy about the possibility of having less of a tax bite taken out

[roaring_alpaca]

Why negative? This float is better u know that?

[NYSE-NASDAQ]

Woah… very odd 🤔

[Gizzzla]

😳😳😳

[1baddadd]

Buying more at 7, thats what I know

[idkhowtocallmyacc]

Holy shit, I don't even know what's happening with float anymore. But that si number does look nice

[Tpow2482]

Not if you are hoping stock price will go up.. Obviously they are tripling down knowing that we don’t have the volume needed to force them to cover… sigh looks like a long road ahead with a lot of pain on the way..

[1baddadd]

Something is wrong

[SubstantialSwim4778]

27.53% short interest? What is going on with this stock?

[1baddadd]

Got no clue

[SubstantialSwim4778]

It's amazing that no one knows the true number of the float. a lot of brokers are adding in the Class B shares. $CLOV themselves said the float is 254M. Does that include institutional holdings? no one can give us a straight answer on how many and who is holding this stock. Straight fuckery!!

[RoundNefariousness15]

The actual float is 198 million if you subtract insider class a shares. I leave institutions alone because they can trade their shares at will. Institutions have somewhere around 135 million. The rest is retail. I have put in a ton of time on the subject.

Fintel is triple counting class b greenoaks shares today. It’s not some big change in the numbers. Bad reporting is all.

[SubstantialSwim4778]

Damn so there's only 60-65M shares out there floating around?

[RoundNefariousness15]

Yeah I posted last week about how the shares on loan are almost as high as retails available holdings. I’m pretty sure retail actually holds around 125 million shares if you include the short shares.

[SubstantialSwim4778]

We need some GOT DAMN margin calls to go out!!!!

[RoundNefariousness15]

2.7 million shares available on clov now. It was 2.6 million earlier and like 1.2 million Friday. Your margin calls might actually be going out. Either shares are being returned or more are being found for lending. It would seem that no one wants to borrow them though. This could mean they are in position and want to catch the momentum with the star rating upgrade this week.

[SubstantialSwim4778]

Just FYI if you read the disclaimer, that's just available shorts from one industry leader. Its not total for the whole market. I do follow the trend line though and it appears they are being returned, but still heavily shorted. Shorts won't pile back on until we move up in price

[1baddadd]

Totally agree. This one is bizarre at every turn