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flipped a bit as well to get the right cost basis
have been buying & more bids are in
Book value is $6.00 pps w/o any multiples applied
So obvious, yet sofi remains under $6.
Hope your right?
IMO the short covering on SOFI will be epic. I know it. the CEO(buying tons of shares) knows it. its obvious.
If it get's to $5 again I'll buy some more!
Looks like he'll be able to buy a lot more under $6.
Noto still buying!
Hold up hold up! Haa
No recession. This was the dip. Baby boomers are mostly debt free flushed with free money from parents dying and 12yrs of easy money at height of income generation. Coupled with millennials now making big $$$ This will double by 8/1/2022
As we approach June, funds getting back in this one and tide changing from sell to buys.
Lots of Salty Bagholders from $15 plus. Glad my CA is $6.33. ;)
I guess dilution doesn't apply to sofi, a company with huge losses year after year?
it doesnt matter if the AS stays the same. the RS wouldnt be lets say more than 1 for 7 and these big companies are institutionally run. the AS is never an issue.
You'll know what he really has in mind if he does reverse split and authorized share number stays the same.
Shorts run this market cap. They determine the share price. Thats is why Noto wants to do a R/S and bring it down to Upstart size O/S. I wonder however if he plans on reducing the massive Exec compensation with a much smaller O/S as well as reducing A/S
What happened to between $15 and $25? Maybe they should sponsor another stadium somewhere lol.
SOFI broke 6.75 today, so this is going back to around 5.30 IMO
A squeeze to $18, that's ignorance, but Ignoance is Bliss!
SOFI Stock Isn't Your Average Fintech Play, So Buy the Dip | InvestorPlace
https://investorplace.com/2022/05/sofi-stock-isnt-your-average-fintech-stock-so-buy-the-dip/
RSI coming down, no buying pressure. Had hopes of a squeeze to $18/22. Maybe PR after close that holds value. If not shorts nay pile on and take this below $7 in short order. .
SOFI ..... on Twitter: "One of the best things about $SOFI is the fact that most of the issues that investors are worried about right now don’t apply to us. SOFI does’t have any supply chain issues, it has no business in Europe, not relying on gas and has nothing in China." / Twitter
One of the best things about $SOFI is the fact that most of the issues that investors are worried about right now don’t apply to us. SOFI does’t have any supply chain issues, it has no business in Europe, not relying on gas and has nothing in China.
— SOFI Dog (@mrpennies1) May 19, 2022
SOFI, 3 Growth Stocks Wall Street Thinks Could Rise 70% or More | The Motley Fool
https://www.fool.com/investing/2022/05/20/3-growth-stocks-wall-street-thinks-could-rise-64-o/
:)
To be honest with you I lost $4000 in the investment i had here. It caused me to conclude that this Is a P&D stock. I dare not enter a position now based on what I saw. So I might reenter a position at $1 - $3 price point depending on what I see in DD. I will check from time to time in the next year to see where it's at and act accordingly
Right now to me it's a P&D stock nothing more.
We shall see who is right in the next year. If I am wrong you all will get my formal apologies. I am sure you all will be very peofitable.
Take care all
GLTA
We dont believe for a SECOND that you hope we do well here. NOR do we believe you'll be anywhere NEAR here in 6 months when this may be between 15 and 25.
The higher it goes the more June 17 PUTS I buy jmo
The financial market is about to come tumbling down. Why would I hold a financial stock like SOFI. Unless I want to be a bagholder for a few years. I have been a bagholder on FNMA/FMCC for 10+ years. I know the feeling and foolish/stupid investments. You sound young. You have no clue what is happening right now.
Mark my words.
Every body has their own timelines and exits. I just sold my trading shares for +.60 today but holding a nice core position from the 5's. I will get my trading share back if possible but I will let the market and the company dictate that and if you do the research you will see all that SOFI has going for them don't miss the elevator UP!
Talk to me in 6 months and we will see where SOFI is in comparison to other financial Cos. SOFI is a financial .com Co. Most of them went extinct in the 2000s. Except for Facebook, Twitter, and Google made it big. Will SOFI do that? Time will tell. It just feels like a P&D stock to me as a good daytrader's stock. Nothing more. We will see if their business plan really makes lots of money. Then you can tell me I told you so. I am not impressed with $.50 or even $2/$4 up/down movement.
GLTY SOFI BAGHOLDER. I HOPE YOU MAKE A KILLING IN PROFIT HERE.
SOFI up .50
LOL!
Like I said the markets matter. Follow the money.
You’re welcome!
so far so good with Sofi. Up50 cents since Grasso reccommended it.
i made my wealth doing that with Enron and Worldcom for that very same reason! I kept ALL of my shorted credit with both. I knew their shares would eventually be cancelled.
Just Short everything Grasso and Cramer pick you can clean up ! Jmo
poor baby. your 1.00 is looking farther and farther away. SOFI
Nasdaq down 2% and sofi holding $7. I am old enough to have been invested in dotcom and 2008. One thing that is really cool in a Bear market is the “tide” does not lift all boats as in a bull market. Investors seek out value. Many important developments from earnings. Biggest for me is $100m weekly new deposits. $4.5 billion cash on hand Bey is a huge deal. Lending that out at a cost of 1.25% when you were paying 300/400bps is huge. Also a max of $10k forgiveness means $1.4 Trillion still needs to be refinanced. SOFI could see $10/15B in loan volume in 2023 as borrowers rush to refi. 20/25% of them will take other products besides student loans. Sounds crazy but Q4 2023 could likely see a $0.5/20 EPS positive. I am so glad to be holding at these prices.
Yes long and trade it. SOFI is a disruptor and once they move into banking hopefully will see a change in perception.
Been investing and trading for well over 25 years now starting to accumulate stocks S_L_O_W_L-Y for the LT as well as some insane trades. Watching retailers now.
Agree with your views here.
Thats a great entry point. I hope your long? Deprnding how much you invested you may be retired in 2030? If this goes where i think it hors i will be. I would actually like to see the R/S pass. The threat of a reverse split at a moments notice ie. The BOD has voted to approve a 10-1 r/s would cause a short squeeze as every has to return shares at once. I had a stock i was in in 2010 I wish i could remember ticker. It was trading lije $1.39 and an approved 20-1 was going to occur. It spiked to $30 plus I of course sold at $8.50 lol.
Ok if the market is your excuse then get ready to see SOFI at $1 where I will buy it back again. The market is hanging over a very large cliff and it is about to come crashing down. So hold on to your HAT it's all coming down.
no its not. and people arent pumping it. there are barely any posts here compared to a forum thats pumping and dumping lol. You have no clue how to invest. were at the bottom of a bear small cap market. EVERY small cap company had lost at least 70% of its value over the last year. get a clue. shmoo
It's all a con job. Dont believe anything you read here. People are just pumping it to get their daytrades to make money. As I said before this is a P&D stock.
GLTA BAGHOLDERS HERE
new 4 form showing more insider purchasing of SOFI stock at 6.50! 15000 shares. not too shabby. good sign.
So amusing to see those who were buyers at $16 and calling for $25 not too long ago now singing the praises of the same stock at $7.
wrong! resistance is 7.34. high today. thats the one we have to break. SOFI
June 17 '22 $5 Puts ordered this morning
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