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Bright Health Group, Inc. (BHG)

NYSE - Nasdaq Real Time Price. Currency in USD
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3.9400-0.4900 (-11.06%)
At close: 4:00PM EST
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  • T
    TinyinUniverse
    You gotta love love traders, so-called investors or the market if you will, reacts to various news. Arguably due to the latest new covid variant scare, BHG is down as of the writing of this post about 9.5% while CLOV is up about 2%. go figure... CLOV subscribers are immune to covid? CLOV's medical costs will not increase, only BHG will be affected? LOL...
  • n
    nj
    The expectation of capital raise has hurt this stock. But from what we see the total revenue of 5b in 2022 and higher premium per person should help the SP. Compare to clover this trades at discount
  • d
    donald
    The lockup period ends December 1st. The excessive amount of stock given to wall street and insiders are eligible to be sold soon. It could be a blood bath the rest of the year.
  • T
    TinyinUniverse
    It looks like there is quite a bit of resistance in the high $3.80-$3.90 level with buyers jumping in. This might be a good time to buy. Any further downside risk might come in only if more bad news come out.
  • T
    TBS
    Should I feel sad or happy being in at $4?
  • C
    Chandra V
    Cash per share is $2 and book value is $3 totaling $5. But SP is $4.41. Is it worth putting college tuition savings here to grow? Pros please advise
  • T
    TinyinUniverse
    An analyst at Motley Fool came up with an article about BHG, CLOV and OSCR yesterday. It is posted on the Yahoo news/summary section. take a look. It describes the high Medical cost ratio for all three companies due to COVID primarily and goes on by saying a small investment allocation as part of a diversified portfolio makes sense for potential appreciation in 2022.
  • Y
    Yahoo123
    CLOV, OSCR H.Insur are 200%- 300% better Valued than BHG, even though BHG has 300% more Revenue over CLOV, OSCR..
  • J
    John
    According to Yahoo historical data the highest volume per day for BHG was 13,229,600 shares traded - and that was last Thursday when it tanked. We will probably surpass that volume today with a 6+ percent rise in price.

    I think the bottom is in and it's up from here.

    Now we wait for the numbers on people enrolling in Bright - I'm betting they are going to be good.
  • J
    John
    I'm out. This is not acting like I thought it should have. Uncomfortable with the unknown here. I like the company but fear losing money more. I'll be back when things stabilize. Good luck longs!
  • T
    TinyinUniverse
    Some folks clearly use this board to express their own gripe or personal vendetta with this stock possibly as a result of decisions they made and losses they incurred. None of these posts matter. They are all opinions, full of biases, guesses, full of inaccuracies and personal agendas behind them. I use the forum only because on rare occasions I catch a piece of information that allows me to research further and validate personally to assist in making a decision. With that said, I muted some IDs that do nothing but spew toxic comments.
  • D
    Don
    The thing about insurance companies, now correct me if I'm way off base here, but they are driven actuarially. So rate changes correct for losses but there is a lag of about a year. If you have to raise rates you might lose some subscribers but if you are big enough with reasonable efficiency you can pretty well choose when you go from growth orientation to a more profit orientation...the future looks Bright from my perspective.
    Bullish
  • T
    TinyinUniverse
    As far as I am concerned, BHG is worth a small investment amount at this level for conservative investors that value capital preservation more than growth (rule #1: don't lose money). When you consider where BHG is trading at today and evaluate further downside vs future growth potential, it is definitely worth a small allocation of $. Speaking for myself as an example, purchasing a smaller 1,000 share lot in either a Roth IRA or an individual 401K IRA account (or even both), is definitely worth it, especially if the initial investment amount is only in the $4000 to $8000 range, representing a smaller percentage of the portfolios. Roth IRA is even more appealing with its tax free capital appreciation offering should the company's prospects and fortunes take off in the next couple of years.... Bottom line is that the risk-reward ratio for this company is very appealing to me. I will not sell any of the BHG positions that I started again even if the share price goes further down by half as the loss will be offset by other diversified positions within the portfolio. This strategy allows me concentrate on other investment venues (after all, there are thousands of other companies and ETFs to consider) and not worry about BHG by checking where it is trading multiple times per day. Peace of mind.... I know that I will not be able to find and ride the multi bagger success in the several hundred or even thousands of percent appreciation that most are hoping to find. Someone definitely will, just not me.
  • H
    Henry
    I just bought some shares of BHG @ 3.90. Obviously the market is over reacted.
  • t
    thomas
    Lets face it, this is a business that bigger is better, that is why companies like United Health and all the other big boys are doing great, while BHG, Clover, and OSCR are all at their lows for the year. We may have to join forces just to save all three. If you are large your costs are covered by more well members. In addition to all start up costs that all three have to secure new members. Can they go it alone, maybe some will, and for those that survive it will take a long time to be profitable. I own both Bright health and Clover, Just Bought back into BHG at 5 so not to bad for me but still see it odd that all three are getting crushed while others in the same business are fine. Any one else see this the same way that consolidation being the best route, and if not why??
  • P
    Put_upst
    help me... i am in $7.30....
  • T
    TinyinUniverse
    It might be a while before the interest to buy outweighs those that are selling... with that said, one could definitely argue that the powers to be/investment firms, etc... that managed the IPO, vastly overpriced the initial Price per Share... same story with other competitors that completed their IPOs this past year, OSCR and CLOV.... In the end, small individual investors that get too greedy and invest more than they should, lose by succumbing to their fears and selling at a loss.... I learned this yet one more time the hard way... with that said, I am back in, nibbling very small bites for a total investment amount that I will be comfortable to lose.... I still think the company has great future prospects.
  • D
    Don
    OSCR, significantly smaller, less than 1/4 the revenues of BHG and Porportionately larger loss yet still trading over 10.00. Hmmm will BHG rebound...it certainly should.
    Bullish
  • R
    Ronald
    So is it selling of cause of the huge loss they took? Revenue jumped 200% compared to q3 2020right?
  • J
    John
    This is in a free fall. Why? Volume is not that high compared to outstanding shares. You would think that some of the large holders would step in and support the price. I don't get it.
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