Disclosure – I obviously own shares and this is purely my (unprofessional) opinion and not a buy/sell.
Compare the valuation of Oscar compared to Alignment and others in the space and you'll see a large discrepancy in market cap and revenue, cash levels.
https://finviz.com/screener.ashx?v=121&f=ind_healthcareplans
Read their latest CC transcript
https://finance.yahoo.com/news/oscar-health-inc-nyse-oscr-054610946.html
Once these health plans start producing profit their valuations go through the roof, as it's a relatively stable predictable industry.
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