 Clover We saw money gig some severe here welcome to another video guys So in this video we are going to talk about clover health, which is a health insurance company that went public last January all this past January again with investor Shamad so it went through a spark one of his spark actually took over health public So in this stock had taken a beating at one point because our Hindenburg research put out Kind of like a hit piece on them and that actually tanked the stock so and then for some reason the stock is right now Really popping again and if the stock is being going up about a hundred and eighty three percent in the last five days So that's where one has to cover into this video But before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification belt So you don't miss out on new content again guys the purpose of this video is not to tell you what cove cove health does Basically, it's a health insurance company Do a lot of stuff with Medicare? So they went public in for the most part investors were excited about it because it was being led by One of the charismatic investor on Wall Street Shamad As a matter of fact, he's like the face of spark for some reason, but after since after they went public Hindenburg research came out and published kind of a report on clover health and Really called the business out that they were lying about your numbers lying about their their user base And so the stock actually took a massive beating So it actually plunged the stock and then now the stock has actually in the past five days You can see here is all about a hundred and eighty four percent So the question is why is the stock popping if we go back here just about a month ago Look at the stock the thing was sitting at about six seven dollars at one point And so after Hindenburg research published their their their report A lot of people on Wall Street shorted the stock So it was highly highly shorted the short interest on this was high So we can switch over here as you can see they are currently Number two in the list of high short interest stocks over 20 percent they are currently number two and so that is how a lot of people on reddit and on these all these other platforms and now now coming together and pushing No clover just like they did with we game stop With AMC and all these other meme stocks clover health is actually on that path right now So if we go back here just just today alone or the last five days is 184 percent and then today's I'm recording this video. It was up 85 percent. So again This is things that we don't see it's not because of the fundamentals it's just because of the fact that the stock was highly shorted and then Reddit guys decided that No, we don't want that so they're squeezing the stock to the upside They're forcing all these people on Wall Street to try to cover their positions because if they don't they're gonna end up losing A boat little money. So that's why you see Clover health actually popping again because the fact that the fundamentals having changed in my personal opinion if you're trading This there's profit in there secure that profit before chasing more So if you are in the money, make sure that whatever you have you have maybe kind of a trailing stop Or maybe a stop loss to take some of that profit and then you can keep chasing more So because it's not based on fundamentals. It's just based on the fact that there's a short squeeze going up on This stock and so it's it's fun to take advantage of the situation if you're not trading it It's up to you So if you have a little bit of cashing around throw it in there and see where it goes I mean for me what I normally do is I would go in make profit and then I can take some of that profit Oh, just leave a little bit of the profit in there so that if they squeeze and go to 50 60 70 dollars Should be good if he makes like he wants to pull back I can cut my losses and get out and be happy but at that point I'm playing with house money and not my own money So if you make money use that to play the game and not just today because I've seen a lot of people They're saying like a just buy and hold don't sell and I'm thinking like you can say that But when it comes at the end of the day, everybody is responsible for their own money This is not a group thing you guys need work together and put your money in the pool and decide that you're gonna go out and invest it So if somebody went out and bought the stocks and you tell them they're like, oh, don't sell it Hang on to it. It's like I don't know if you you have that power to control somebody and tell them When to sell and when not to sell but again, that's just my personal opinion So that's what I want us to cover in this video clover health is on the move and it's still moving Again, we can see here like I said the last five days a hundred and eighty four percent Which is insane. So we hope that if this thing can squeeze all the way to 40 50 bucks and join AMC that'd be awesome. So again, let me know what you guys think about is did you treat clover health or are you treating clover health? Or do you have it in your portfolio? If yes, let me know again in the comment section What you plan on doing if you're new to the channel, we took about how to earn money How to save money how to invest and build wealth. So that's something that interests you go ahead and hit that subscribe button Any notification bell so don't miss out on new content also guys if you are looking to get started with investing Webo has their promotion right now where if you sign up and deposit a hundred dollars You get some free stocks no cost to you links in the description below and as always guys Do your due diligence. Don't be a greedy savage and stay motivated You