it goes up to $18

TODAMOON
2021-07-23

$Clover Health Corp(CLOV)$ The warrants are going to be converted on a ration of 1 share for every 3 warrant.Basically if they were using warrants and fake shares they already just got burned.Second they doing this as a cashless conversion which will be about 9 million shares which is better then the 40 million shares it would have cost if the price is higher.So starting tomorrow the conversion is based off the next 10 trading days average share price.If it is averaged to under $10 then the ratio is .249 a common or if it goes up to $18 the conversion ratio is higher so it is actually in the hedge funds best interest to drive the price back up to $18 to get max conversion.Third they intentionally moved earnings up a week as this will have a positive impact on earnings and will leave little time for hedgies to keep manipulating right at the end of warrant conversion.$Clover Health Corp(CLOV)$

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Comments

  • 幸福老猫
    2021-07-23
    幸福老猫
    真的!借你吉言下周看他飞
  • YJ1990
    2021-07-23
    YJ1990
    which means?
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