SoFi Technologies Inc (SOFI)

[louman18]

so far so good with Sofi. Up50 cents since Grasso reccommended it.

[infamous]

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.

[Porterhouse10]

Just Short everything Grasso and Cramer pick you can clean up ! Jmo

[infamous]

poor baby. your 1.00 is looking farther and farther away. SOFI

[REAGAN]

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.

[girlfriend]

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.

[REAGAN]

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.

[Stockman1010101]

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.

[Porterhouse10]

June 17 '22 $5 PUTS Jmo

[infamous]

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

[Stockman1010101]

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

[infamous]

new 4 form showing more insider purchasing of SOFI stock at 6.50! 15000 shares. not too shabby. good sign.

[ssc]

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.

[infamous]

wrong! resistance is 7.34. high today. thats the one we have to break. SOFI

[Porterhouse10]

June 17 '22 $5 Puts ordered this morning

[Dr PennyStock]

[girlfriend]

Same reason GM is trading under $40 and others well below their technicals. DUH. Its the market.... Look at tech....look at NVDA, AMD, MRVL, MU, etc. We are in a BEAR market. Inflation is here...Recession may not be far behind. I am mostly in cash but picking my spots to just hold and occasional trade.

Good luck....but don't call a company a scam where you obviously haven't done the research.

<on ignore now>

[Stockman1010101]

No one can argue with me now. The price speaks volume of what kind of Co this is. Please prove me wrong. I dare you?

GLTA SOFI BAGHOLDERS

[Stockman1010101]

Then why it is trading under $10. If its so great it will be trading at $50 or $100.

[Stockman1010101]

well see.

[Stockman1010101]

That's why it went to $5. Great companies dont sell for peanuts. It's a scum and you know it.

[infamous]

DONT WORRY. when this is over 20.00 again and showing its a growth stock, he wont be anywhere to be found. SOFI

[girlfriend]

I don't believe you for one second. SOFI is a legit company do some research. Then maybe you will do the money dance.

[toxrednil]

Bullshit!

[infamous]

lol. you have no idea how to invest IMO. SOFI is as legitimate as it gets for a solid company that will create IMO wealth for longterm investing, especially at this level. ALL SMALL CAPS GOT BEATIN DOWN

[Stockman1010101]

SOFI is a pump and dump stock. Analysts who pump the stock are liars. I learned the hard way not to listen to scumbag analyst who pump stocks for their personal gain. they pump it because they are holding shares not because of any co fundamentals.
GLTY WITH THIS ONE.

[infamous]

once SOFI breaks 10.50, i believe over 20 would be next IMO.

[Norton1973]

SOFI the Best...

Check out @Fig333 message on StockTwits http://stocktwits.com/Fig333/message/459802056

[eddie51]

Encouraging!

[Norton1973]

SOFI, Watch "This is the opportunity Elon Musk sees in Twitter: SoFi CEO" on YouTube

[infamous]

yea yea, for months analysts have been bashing and now for months this company will look great. investing 101. short term fools get washed and smart long term benefit

[girlfriend]

Yes. I rebought at 5.10 and 5.25 today. Just waiting it out. SOFI is the real deal.

[REAGAN]

I was a bag holder at $8.78. I tripled my position. So my break even is $6.11. Thankfully the bottom is in. )100 million in weekly deposits and our borrowers are pure vanilla with high ficinscires and average income over $165k. The biggest rage away is Galileo for me in the earnings call. They’ve partnered with something massive. Idiots bashing this on Twitter saying “ it’s a bank and it deserves to be valued as such “. Do not understand whatsoever what Galileo does it technysus does. Yes they build digital infrastructure but the infrastructure allows them to be paid in bps. Thus Latin American thing is huge. They are probably working with Santander or CitiBank in South America. Thus will be over $20 BeY

[infamous]

Everyone sold between 4.70 and 5.50 were TOTALLY manipulated by you know who. CU at 9.00

[OneDay4488]

Nice

[eddie51]

Picked up some more @5.00!

[OneDay4488]

SoFi Technologies, Inc. Reports First Quarter 2022 Results

Source: Business Wire
Record GAAP and Adjusted Net Revenue for First Quarter 2022
GAAP Net Revenue of $330 Million Up 69%; $322 Million Record Adjusted Net Revenue Up 49% Year-over-Year
Adjusted EBITDA of $9 Million Positive for Seventh Straight Quarter
New Member Adds of 408,000; Quarter-End Total Members Up 70% Year-over-Year to Nearly 3.9 Million
New Product Adds of 689,000; Quarter-End Total Products Up 84% Year-over-Year to Nearly 5.9 Million
Management Raises Full-Year 2022 Guidance

[infamous]

no it wasnt

[Norton1973]

SOFI, Check out @Steady500 message on StockTwits http://stocktwits.com/Steady500/message/458555781

Wowza!

[OneDay4488]

Wrong board

[gi197845]

Uh oh! trading halted on data mistakenly released early, that sales and profits are way down!

[KingOfSwing...Trading]

Ha! Based on what I was told the meaning of that song is I can assure you that is not what I am doing.

[maximumgriff]

Good ER!! Should push this back to $7,s at least

[maximumgriff]

2:10

[pokerpunk]

How long is it staying halted?

[joseytheoutlawwales]

Just a beat down $25 to $5

[joev2]

I'm not a fan but did sell a couple of puts that obviously will be assigned. Don't think the company is terrible....this administration doesn't help. It's not erhc! Lol

[ssc]

Leaked or not leaked, sofi's performance sucks and its share price is being brought in line with reality. Could see a $3 handle soon.

At least the halt may have prevented anyone who thought $5 was a good place to average down ahead of earnings report from losing even more money. Always wondered why companies like sofi that lose so much money still call their quarterly reports "earnings" reports. Shouldn't they call them loser reports?

[joev2]

Upstart's earnings were crappier than expected.....and of course that along with a general bearish trend, just adds to the paranoia.

[infamous]

i looked. theyre not THAT much lower lol. and the leak sounds criminal to me. 4 10 pm EST was supposed to be released. fktards