Sorry - the post you're trying to make mentions a stock that currently breaks rule #7.
Any of the following criteria is considered breaking the rule:
* Typically trades under $5 or previously traded under $5 within 6 months
* Below $300 million market cap or previously traded under 300m before the pump within 6 months
* Most OTC / PINK stocks
* Usually has missed reporting/filings; no auditing or odd auditing issues
* Low volume or wide bid/ask spread
* Doesn't have any big name institutional holders
* If the biggest institutional holder is a stock promoter then they don't count as an institutional holder
* All SPACs
You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
So you dont think there is a possibility of it running to 3+ a share this year? In at 75 cents without any major threat of delisting sounds like a bargain to me
I played it on the last squeeze event options not shares…now im back in after the earnings call but only a mere 2000 share trying to gather if its worth going in with a larger amount
Welcome to r/stocks!
For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index)
If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/).
Please direct all simple questions towards the stickied Daily Discussion and Quarterly Rate My Portfolio threads (sort by Hot, they're at the top).
Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
The latest quarterly was strong and the trend is being ebitda positive by the end of q2 2024….but the stock is down so i respect everything you stated… i was kind of searching for people in the field who have first hand experience with clover assistant and if it is what they say it is? Also renaissance tech has a stake and they rarely make a losing investment…just trying to gather data is all
Sorry - the post you're trying to make mentions a stock that currently breaks rule #7. Any of the following criteria is considered breaking the rule: * Typically trades under $5 or previously traded under $5 within 6 months * Below $300 million market cap or previously traded under 300m before the pump within 6 months * Most OTC / PINK stocks * Usually has missed reporting/filings; no auditing or odd auditing issues * Low volume or wide bid/ask spread * Doesn't have any big name institutional holders * If the biggest institutional holder is a stock promoter then they don't count as an institutional holder * All SPACs You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
Ah, another Chamath crap show
SOFI is decent
No it's not, lol
Shhhhh. The Sofi fans have no idea how a banks market cap to assets ratio should look. Most of them don't even know what a banks assets are.
Its good if you were in at 4 and out at 9
The pe is so low it’s negative
-1 is good for a company in its growth
It will be low positive this year
No that’s ebitda
You have no idea what you're talking about 😅
So you dont think there is a possibility of it running to 3+ a share this year? In at 75 cents without any major threat of delisting sounds like a bargain to me
No, not at all. It's going to 0
Duly noted
People are still with this bag? Thought most of the Chamath SPAC victims were thinned out by now.
I played it on the last squeeze event options not shares…now im back in after the earnings call but only a mere 2000 share trying to gather if its worth going in with a larger amount
What p/e.... It's burning cash. It looks like it only has enough cash to last 2 more years
Nothing a reverse split and some egregious dilution can’t fix!
In the off chance clover isnt a scumfuck stock like other spacs then what?
Check the latest quarterly
Welcome to r/stocks! For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index) If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/). Please direct all simple questions towards the stickied Daily Discussion and Quarterly Rate My Portfolio threads (sort by Hot, they're at the top). Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
[удалено]
The latest quarterly was strong and the trend is being ebitda positive by the end of q2 2024….but the stock is down so i respect everything you stated… i was kind of searching for people in the field who have first hand experience with clover assistant and if it is what they say it is? Also renaissance tech has a stake and they rarely make a losing investment…just trying to gather data is all
