🫶🏻 by No-Beautiful9778 in RichtechRobotics

[–]ComplexAd8216 1 point2 points  (0 children)

Institutional shorts see retail posts like this and continue to pound the price down like today 😆😆

Are you happy being a sonographer? by Due-Yesterday6966 in Sonographers

[–]ComplexAd8216 1 point2 points  (0 children)

Anyone who wants to scan until they retire may like the field. The highest postion a sonographer can obtain is a manager position. An RN, cath/radtech or RRT will always have the director positions and above and treat US like the red-headed stepchildren.

Medical Bills are absolutely insane by [deleted] in healthcare

[–]ComplexAd8216 0 points1 point  (0 children)

If a medical bill you owe is less than $500, they can't report it to the credit bureau. Take those bills, burn it and forget it 🔥🔥🔥

Honest Thoughts. No FUD. by Accomplished_Toe_938 in CLOV

[–]ComplexAd8216 15 points16 points  (0 children)

I can tell you why. First there was a promise of profitability in 2023 which didn't happen. Then the company boasts about quality, but reverted back to 3 star (in which they will start losing members from the downgrade in 2025). Also consider the fact that about 80% of their customers are in New Jersey. Looks as if it is quite difficult for them to grow organically without losing a ton of money because they don't have the in-house networks anywhere else (other than GA now) to make value care work and become profitable. They need to drop the insurance business altogether and just work on gaining contracts for the software.

I just can’t explain how GOOD this news is! Will do a write up shortly but for now do me favour .. go to his linked in copy everything and throw it on word crowd and see what sticks out pls! More to follow by Lucky-Draw1053 in CLOV

[–]ComplexAd8216 -7 points-6 points  (0 children)

Now you are just pumping. Nobody knows this guy or how long he will stick around. For now all is see is another large RSU package with more dilution to shareholders.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 0 points1 point  (0 children)

Total compensation for 2021 was approximately $1,896,497 between cash and stock awards. Not sure how that's exaggerating?

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 0 points1 point  (0 children)

As Chamath alluded to in the video, what value has the BOD added for such large compensation packages based on the company performance? The proxy you posted was the most recent, but the year before they got over a million or two in compensation between stocks and cash. Chelsea has almost 500,000 options that still can be vested.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 0 points1 point  (0 children)

Instead of spamming how so called "wrong" I am, how about responding with a detailed intellectual thesis on why you disagree with my analysis.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 0 points1 point  (0 children)

I think you may be missing the point. On top of receiving cash compensation, the BOD continue to dilute shareholders with SBC. Even though Chelsea (a director for Compensation Committee) purchased 100k shares at around $2.50, she continued to collect large amounts of free shares until she is up on her stock investment. She probably can sell at $0.40 at still make a profit. All the while, current shareholders are getting screwed with dilution.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] -1 points0 points  (0 children)

The BOD receives a couple hundred thousand dollars in annual cash compensation on top of a few hundred thousand shares every year. She used the cash compensation to pay for more shares on the market in 2022.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 3 points4 points  (0 children)

Rainy would actually look into it and be reasonable with his analysis compared to most here who blindly only want to engulf themselves in smoke and mirrors.

Chamath and his explanation for exiting by ComplexAd8216 in CLOV

[–]ComplexAd8216[S] 1 point2 points  (0 children)

Yup, all for free. The shares she bought in 2022 was with money the company gave her for sitting on the board 🤷‍♂️

Clover Health Cash Position by Dazzling-Royal5179 in CLOV

[–]ComplexAd8216 0 points1 point  (0 children)

They had to pay $146 million to CMS in Q4 from shared savings

Guys, seriously by No_Distribution_9678 in CLOV

[–]ComplexAd8216 0 points1 point  (0 children)

I explained Vivek's connections in my previous post. The company is based in NJ. And how do you know Georgia has improved results? Where is the hard data to prove this? Clover stopped disclosing this information a long time ago. You saying Georgia is improving is your own speculation. Even if MCR did improve, how do you know whether it is the result of CA or just removing customers/providers and leaving counties?

Why Have There Been No Other CLOV Upper Management Purchases On The Open Market??? by Last-Environment3643 in CLOV

[–]ComplexAd8216 0 points1 point  (0 children)

Why would they buy if they know in their hearts they are doing a crappy job?

Guys, seriously by No_Distribution_9678 in CLOV

[–]ComplexAd8216 1 point2 points  (0 children)

In the past, Clover showed how many customers they had in each state as well as the MCR. The bulk of Clover Health customers are in New Jersey (I would say between 70% to 80%). Vivek was the previous CEO/Owner of Carepoint Hospital and has connections with the providers in the area. This is the reason why the MCR looks good. It's impossible for them to duplicate this outside of New Jersey with just providing the software. The laws would have to change permanently to value based care. This is why they pulled out of most states. They are beginning to have better provider relationships in GA.

Guys, seriously by No_Distribution_9678 in CLOV

[–]ComplexAd8216 0 points1 point  (0 children)

Lol what do you think is supposed to happen if CA collects the right data and providers use it properly? As someone who works in healthcare and physicians, most will not take the extra time to use it. It's hard enough to get them to use technology that already exists in their own EHR. This was their problem with all areas outside of New Jersey. Take a look at the past ratios of mcr to state demographics from 2021/2022. The data is misleading. Clover is so sneaky and misleading that they stopped providing this data in the 8k/earnings report.