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Bright Health Group, Inc. (BHG)

NYSE - NYSE Delayed Price. Currency in USD
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3.3600+0.0800 (+2.44%)
At close: 04:01PM EST
3.3700 +0.01 (+0.30%)
After hours: 07:20PM EST
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  • T
    TinyinUniverse
    o.k. now... stock broke through resistance levels... I could not help myself and purchased a few more shares. This is way too cheap to let go the opportunity.
  • D
    Duc Nguyen
    i am down 40%. but i am back again after lockup expired on Monday. i believe the company is long run.
    this will rebound after covid calms down
  • T
    TBS
    9m shares short, up from 6m from October. Pretty risky. Long live the longs!
  • s
    srikanthreddy
    Oak street health has 74 clinics it is operated at 7 b even with 50 % drop ..I think market is not reading the BHG right some how they will get it next year ..when bad companies got beaten and good companies will recover ..BHG is easily 12 to 15 dollars
  • n
    nj
    BHG since inception has raised 2.5+ billion in capital. It’s current market cap is $2b.
  • D
    Dennis
    BHG will very very soon be under $1 and delisted.
  • s
    srikanthreddy
    I don’t any investors will sell below their price point ..which is around 7 or 10 bucks ..I dont see much issue on lock expiration but tax loss selling is the Amin issue ..and this will be dev up first week of Jan ..
  • d
    donald
    Let the selling begin
  • T
    The Boring Trades
    Great long term opportunity
  • A
    Andrew
    What about the investigation?
  • D
    Don
    So today's PR says the clinic business is expected to be 2 billion in revenues in 2022 plus the new markets and recent open enrollments. So what are we expecting in 2022? Maybe 6 to 8 billion in revenues? And another year of staggering growth?
  • e
    eric
    What is wrong, total cash $1.29 billion
  • T
    TinyinUniverse
    There has been a lot of worry in past few days about the 180 day lockup waiting period expiring on December 1st, 2021 allowing all insiders of the company to be free to trade eligible shares beginning on 12/2/2021. This is according to the latest 8K filing on 11/26/21. I am assuming that the lifted waiting period applies to all the stock options and preferred shares that were awarded to various insiders at the time of the IPO as evidenced by the multitude of Form 3s dated 6/24/2021? I am far from an expert and quite likely might be understanding it all incorrectly…. But reading through the form 3s, they are either split into preferred series A,B,C,D,etc shares that convert into 1:3 common shares or 1:0.678 at IPO time (with no expiration date) or they are stock options that vest over 4 years with 25% that is already vested as of May 2021. The exercise of these options appears to be all either at $1.773 or $2.30. And most appear to expire during the year 2030.
    I really do not see a risk with all of the insiders jumping over each other to try to either exercise their options and/or sell some of their preferred shares that were converted to common beginning on 12/2/2021. While the total share count will amount to many dozens of millions of shares across the dozens of insiders, the current price per share is TOO LOW to make it worthwhile for them… While it is possible that they could still choose to sell (especially those that were granted actual and vested convertible preferred shares), with the sheer volume of insider shares, the PPS will rapidly drop to the sub penny level with a mere few million shares sold, depending on the selling pressure. I believe most if not all will choose not to sell or otherwise if they still sell, they will not make much money. My take is that most have worked too hard to bring the company to where it’s at and most are willing to wait for a much better pay day. They are already disheartened that the initial $17 IPO “market” price is now only a bit above $3. The investment firms inflated the initial IPO price and possibly profited handsomely with the share drop but all the insiders were left holding the bag along with the retail buyers.
    I do not see a large risk with the insiders selling very soon with the current PPS at around $3.25 as of the writing of this post. I would have worried if today’s share price was in the $teens. If I had an exercisable price of $1.77 or $2.30, I would consider selling some shares in the $12-$13 range, why not? I wouldn’t do it with the current PPS.
    Also, I do not believe the “tax selling” season will cause many to sell before 12/31/21. Many have already given up and sold! The price is down around 80% since the IPO after all!
    I had sold my positions in the high $3 range yesterday early morning but I will definitely consider buying again and I got lucky to be able to buy at a cheaper price. Next time, I will hold for better or for worse. BHG is trading like it is worthless and going out of business. It is not! It will bounce back furiously when no one expects it.
  • B
    BullBull
    Experts, at what level should I look to add to the long I hold from 4 ? I have 2 units in this already and the most I put into a single name is 5 units. Serious answers please !!! Don't bash the stock. Everyone can see it has traded terribly . Will insiders buy when the lock up period ends ? Can this be taken private and delisted ?
  • Y
    Yahoo Finance Insights
    Bright Health reached an all time low at 3.57
  • T
    TinyinUniverse
    Nice bit of news out today regarding Neuehealth division expecting to grow significantly in 2022! Related 8K out as well.
  • T
    TBS
    BV is $3.20 a share. Resistance at $3.25 has been tested for days.
  • T
    The Boring Trades
    Short squeeze is coming up
  • 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
    Duc Nguyen
    this will rebound strongly mid 2022. i guess now unpredictable bottom due to a new strain of Covid and selloff of dow. everything is about Cost of treatments.