The Long Investor
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$OSCR - TOP 10 -
🕑 Added 2025-02-05 11:20:55 +0000 UTCOK this was a double miss and a mixed earnings, Operating Margins improved and Total membership increased by +62% but Net Loss increased by 3 million.....yes only $3 million.
But what really caught my eye was their Cash and Investments: $4.84 Billion
If we consider their Market Cap is at $3.2 Billion from yesterday before it closes and down another -12% in the PM now, their Market Cap will likely open at $2.8 Billion.....meaning they have about $2 Billion in Cash and Investments above their current Market Cap....this is substantial, meaning they are in a healthy strong position.
Chart wise, we are back to the start of the year position again, still haven't made a lower low yet but we are flirting with the last Fib support level at $13.54.
The larger 0.5 Fib at $12.91 can be tested again today quite easily and this level has held since November....so if this level is not held today then the standard 0.618 Fib at $10.33 is next
I will be adding here again once I see support and if that's at $13 or $10 I am comfortable with adding again
The overall thesis and impulse wave has not changed.
Comments
Jake
Fair question. I see cap talk a lot about one side of the balance sheet without reference to the other. Would appreciate any insight he could offer.
Kevin Aerts
When are you adding, cap ?
Chris H
This looks like a steal to me
Kat
Thank you!! This is all a very good learning experience!
Jordan Vasilev
I have a question Oscar is an insurance company, don't you think it's normal to have such cash reserves and we shouldn't look at it so much? I'm more interested in comparing Oscar's cache with other companies in this business
GRG
Eagerly anticipating the right moment to add!
TommyJR
Pretty decent revenue growth at scale .. numbers heading in the right direction
Sid
LET’S GO FIGHT FOR OSCR!!! FIGHT, FIGHT, FIGHT!!!❤️❤️❤️❤️ Thank you for the chart and commentary, CAP!!!❤️❤️❤️❤️
