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SelectQuote, Inc. (SLQT)

NYSE - NYSE Delayed Price. Currency in USD
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0.7995-0.0179 (-2.19%)
At close: 04:00PM EDT
0.8099 +0.01 (+1.30%)
Pre-Market: 06:30AM EDT

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  • A
    Artful Dodger
    SLQT management is celebrating a big win this evening!

    Specifically, the stock was only down 16% today, but they expected at minimum -25% so now it's party time!

    Oh, and new ALL-TIME low today!

    According to the latest Q report, however, things are going to be much better "in the future," so I look forward to seeing the SEC filings showing how many shares the CEO and other executives have been buying.

    Should be E-Z money for the insiders, right? So they've just GOT to be buying SLQT now that it's so "cheap."
  • A
    Artful Dodger
    Huge volume today, but there's been so much selling pressure that SLQT is simply unable to go up.

    From as high as $31 last year to under a dollar today, and still it seems people are more than happy to sell on a bounce of a few pennies.

    All a result of the "leadership" at SLQT.

    (And how many shares have SLQT executives been buying at these "cheap" prices? Answer: Zero; according to the SEC filings. Absolutely none. Which makes sense, as the CEO and others know better than anyone that SLQT has been destroyed due to their incompetence.)
  • A
    Artful Dodger
    The continued silence from the company actually says all one needs to know.

    Down over 35% in the past week alone.

    And 91% in total thus far this year.

    And throughout this entire debacle, the executive "team" has collectively been paid MILLIONS of dollars.

    To basically destroy all shareholder value.

    Here's a nice factoid: As of today, EVERY person who has EVER bought and held SLQT is losing money.
  • A
    Artful Dodger
    50 cents in October!
  • A
    Artful Dodger
    The BOD didn't feel a need to do anything when SLQT fell into the $20s, and then the teens, and then below $10, and then below $5, and still no need (yet) to do anything with SLQT trading well below a dollar.

    And if you're asking "Why?!," the answer is because the Board of Directors is comprised of incompetent people who simply do not care what happens to the company its shareholders and, as a result, should have never been entrusted with overseeing a publicly-traded company.

    As proven (yet again) by the stock price.

    They'll later provide all sorts of reasons and excuses why things went so terribly wrong, but not one will lay blame with the people that were directly responsible for making it happen.

    \
  • t
    tim
    Going back up soon. Hold on tight, should be a fun ride
  • B
    Benjo
    Zombie bankrupt company.
  • B
    Brandon
    told you I'd be .75
  • B
    Brandon
    lots of small buys today I suspect a jump soon and ied advise to opt out if you can
  • Y
    Yin
    If you read their financial statements, their revenue doubled from 2019, but expenses increased 4X, this is a company of mass destruction. Fire the entire management and sell this junk.
  • m
    mott
    33.00 to .89 is rather special.
  • J
    Jim
    new low today at .95 as I write this. Soon the delist notice will arrive and then welcome to the pink sheets or bankruptcy. Hard to believe that a lot of insiders bought this last year in the open market.
  • A
    Ace
    Are they going to do a reverse split if the stay under a dollar
  • A
    Ant
    The mysterious spike loool
  • m
    millenniumman123
    I just need it to go up $13 a share to break even. Sweet!!! Oh Vey!
  • J
    John
    Never seen a company more deserving of this fate. Between the misleading ads, their outsourced callers (Allied) that contact Medicare recipients and fool them into believing they’re Medicare or SS and urgently need to speak with us over an issue, and forwarding misdialed clients is the reason for this fate. They can’t keep business because they can’t acquire business ethically and people realize almost immediately they’ve been had and cancel their policies! Myself and most other top producing agents have left Slqt for other brokers because it’s a dumpster fire that can’t be put out. Things were good when they were overestimating revenues, stocks were up, and they could afford to market a legitimate way. This company will be bankrupt within 1-2 years. No doubt about it!
  • A
    Ant
    And ? Again to 0.90$?
  • B
    Brandon
    won't be at these prices for long grab while you can
  • M
    Mike
    Thumbs up if you are sick of this stock and sold today!!!
  • J
    John
    Good thing some insiders made tens of millions $ in early 2021 before errors in the current recording of future revenues came to light, and before the first annual 10K. What I don’t understand is how these errors continue inasmuch as the accounting requirement for recording them is that they are “probable.” Furthermore, since prior periods have not been restated for these errors in estimated persistency, it seems impossible to know what the actual revenues, losses, and cash outflows is by year.