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Good morning Healthcare_anon members and Clover Health investors. It has been several weeks in a row where we noticed algorithmic stock trades that look suspicious, which we will loosely define as trading patterns that somehow jerks the price movement to a point where calls would be made to expire worthless at the Friday expiration. We seemed to notice a pattern where a spike occurs approximately on Wednesday or Thursday, and Friday will immediately trigger an algorithmic pattern that will start short selling with a goal of reaching extremely low RSI (and therefore trade prices) while maintaining adequate “space” from the next strikes. Interestingly enough, news keeps occurring to a point where the algorithm is basically fighting a losing battle on an uphill slope, where it can only prevent the next strike from occurring and cannot maintain initial price target range as a result of high-volume influx. This has occurred on several occasions already: May 15, May 29, June 05, and now June 12. You already know what our motto is within this subreddit, please do not let your idea of craps table money make you lose sight of what is important. Although we find the movement amusing, we do not in any way shape or form have any feelings on what is occurring, other than making memes of it. In fact, for those who bought out the money calls and finding it expiring worthless due to the lack of retail degen rocket buyers – you deserve to lose money. What I find fascinating as an outside observer (technically not really because I do have skin in the game), is that Clover Health is literally a primer on market manipulation of a ticker, and despite its past as a meme stock and an absolute train wreck of a company to start, is able to overcome the headwinds and become something Tutes may find appealing. This is all as a result of the Company executing the proper plan of action in place since 2023, and we can see how Executive Excellence is driving this ticker back to relevance, if not setting the standard. This translates loosely into specific Wyckoff patterns that is traceable and I am happy to have experienced this in my lifetime. Onto another topic: It seems Rocket memes and premarket spikes are dying as a result of lack of interest, and the retail short selling algorithm is losing steam as we speak (will the real muscle of the algo please stand up, I need to see you dump enough for $4.5 to not get called so I can do more value investing, show me your power because it looks impotent as shit). We know you read us so please surprise me. Your RSI of 15 was shit and such a low energy move. Lastly: I would also like to reiterate again what our subreddit stands for: We do not provide financial advice, nor do we intend to do so. Never trust the internet for your information, and cross reference every single piece of information. Your money is your nest egg, let no one tell you what to do, or allow yourself to be led by unverified information. If you are uncomfortable with single stock investments, please inquire with a financial advisor and consider index funds. Never utilize financial instruments you do not understand or have very little experience with, and if anything, use Buffett’s rule. I consider Taleb to be also a good guide, but I realize most people don’t know who he is. I humbly suggest you to only utilize investment methods you can reasonably understand, as I have already known individuals who have lost considerable wealth on the basis of financial instruments. Thank you for taking the time to read through this long post, and I hope you Sincerely Moocao submitted by /u/Moocao123 to r/Healthcare_Anon |