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Jul 14, 2021
[2 min Read]
Social security and United States of America, not a good combo, not an iconic duo let's say. Obama at least tried with Obama Care, then came Trump, and he threw it in the trash bin. He shove it up his *ss like Dr.Sins does on a regular basis. With Biden a new air is floating through the social security section. I'll be concentrating on the health insurance.
I'm a europoor and from the moment i start working, i'm obligated to pay social security taxes. In return i get decent health insurance. US is a little different, without going into detail, the health insurance in US is less strict and people need to rely more on private operators. Well, our boy $clov got our back. Y'all can say you don't need insurance, but a lot of stuff you'd forget about. You used to be a weirdo if you got dental braces. Nowadays it's opposite, and in fact a dental treatment is a fortune. If i knew initially how much that orthodontist would've charged me, i honestly would've considered to skip the treatment and use that money for $CLOV weeklies, but yeah, that's that. The point is, you need the insurance more than you think.
- market cap: around 3.8B
- $CLOV is trading 6 times above its book value which is not high at all compared to its competitors in the sector.
- 132,000 total risk-based patients growing to 160,000 this year ( source )
- ratings: Over the last month $CLOV got two new ratings from research firms. The following table makes us conclude that the stock is trading under its mean target price.
|B of A Securities||$10|
This is not financial advice. The number to dial in case of an emergency is actually 911. Just felt like i had to get my pencil and type out my feelings. positions: 243 shares @$11.56 average, in combo with weaklies every now and then lol