SoFi Technologies Inc (SOFI)

[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

[joev2]

According to Barron's apparently Bloomberg leaked earnings...and expectations for next q are lower.

[infamous]

do you know why?

[girlfriend]

Trading Halt guys...

--Trading in SoFi Technologies Shares Halted Pending News Release
By MT Newswires
— 11:32 AM ET 05/10/2022
11:32 AM EDT, 05/10/2022 (MT Newswires) --
Price: 4.87, Change: -1.10, Percent Change: -18.46

[ssc]

Brings to mind old Billy Idol song - Dancing with Myself.

[KingOfSwing...Trading]

The money dance sounds fun. Right now I am doing more of a monkey dance.

[ssc]

Should get lots more "buying opportunities" as long as sofi keeps losing money.

[BigHeis]

I like that comparison, but time will tell. Holding long term and buying on dips. Do the money dance!

[Norton1973]

Here's why SoFi is being hailed as the "AWS of Fintech" | Trader
https://vocal.media/trader/here-s-why-so-fi-is-being-hailed-as-the-aws-of-fintech

SOFI...."AWS of Fintech". One stop shop.

[Norton1973]

SOFI, Galileo, Mastercard Accelerate Digital in Latam | PYMNTS.com
https://www.pymnts.com/partnerships/2022/galileo-and-mastercard-accelerating-digital-transformation-in-latin-america-and-the-caribbean/

SOFI, Check out @Brrrain message on StockTwits http://stocktwits.com/Brrrain/message/456949661

[Norton1973]

SOFI, yes...."Do the money Dance!"

[girlfriend]

Check and Check!

Do the Money dance….the MONEY DANCE!

[Norton1973]

Watch "SOFI STOCK! MASTERCARD + GALILEO PARTNERSHIP! EXPANSION INTO LATIN AMERICA!" on YouTube

It's Happening! ...:)

[OneDay4488]

Link?

[girlfriend]

Thanks Big. Glad I am in!

[Biggeoff]

Actually I just looked. Both are. So is trump

[girlfriend]

Darn! I was hoping Elon Musk was.

[Biggeoff]

Carl Icahn is loading up

[vinsterr]

I have 1000 at 9 here, happy to see it’s moving back up!!!

[Atown62]

Absolutely

[Norton1973]

SOFI, human nature.....:) Check out @Longtermplay message on StockTwits http://stocktwits.com/Longtermplay/message/456660382

[girlfriend]

Soon again.....we will do the money dance......THE MONEY DANCE!!!

[REAGAN]

Yum yum. Comchong. Mmm yum. Loves these $6.29 shares

[OneDay4488]

3 Under-$10 Penny Stocks Investors Should Consider Buying In 2022

Source: Finscreener.org
Penny stocks are those priced under $10 but are considered high-risk investments due to the volatility associated with these tickers. However, ever the world’s largest companies such as Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) were once penny stocks and now command trillion-dollar valuations.

While investing in penny stocks you need to analyze the company’s business model and its ability to gain traction in the market where they operate. Let’s take a look at three penny stocks investors can consider buying right now.



SoFi Technologies

Valued at $5 billion by market cap, shares of SoFi Technologies (NASDAQ: SOFI) are priced at $6.33 at the time of writing. The fintech company went public last year and is currently trading 75% below all-time highs.

SoFi offers customers a wide range of financial products that include refinancing of student and auto loans. It also provides mortgages, credit cards, personal loans, and investing services on its platform.

The company’s sales grew by 63% year over year to $1.01 billion in 2021. SoFi ended the last year with a customer base of 3.5 million, indicating year-over-year growth of 87%. But similar to most other growth stocks, SoFi also reports an adjusted loss.

In 2021, its loss per share stood at $1 and is forecast to narrow to $0.45 in 2022 and $0.24 in 2023. Comparatively, its revenue is estimated to rise by 45% to $1.47 billion in 2022 and by 42.4% to $2.1 billion in 2023.

SoFi’s widening product portfolio allowed the company to onboard 523,000 customers in Q4. It also added 900,000 product accounts bringing its total to 5.2 million, compared to 2.5 million in 2020.

SoFi is valued at an attractive forward price to 2022 sales multiple of 3.4x and continues to grow at an aggressive pace. Compared to Wall Street estimates, SoFi stock is trading at a discount of 120% right now.

[Norton1973]

SOFI, markets looking better.....

Markets.....Premarket Stock Trading - CNN Business
https://www.cnn.com/business/markets/premarkets

Putin has Cancer.

[infamous]

yep. all it will take is we get out of this recession to get this back over 20.00. trick is, GETTING OUT OF THE FREAKN RECESSION

[Norton1973]

SOFI, 5 year plan for me. Add to ROTH when I can. :)

[infamous]

and here it is at 6.12. great company lol

[Norton1973]

SOFI .....Check out @Stonks_2_The_Moon message on StockTwits http://stocktwits.com/Stonks_2_The_Moon/message/455951054

[Norton1973]

SOFI....Personal Loans Are Back After an Early Pandemic Slump - WSJ
https://www.google.com/amp/s/www.wsj.com/amp/articles/personal-loans-are-back-after-an-early-pandemic-slump-11651188766

Great Rates. Great Benefits. SoFi.
https://www.sofi.com/?campaign=MRKT_SEM_BRA%7CBrand%7CBrand%7CCore-No-Mortgage%7CGG%7CMobile%7CExact%7CUSA%7CENG_e_g_m_484876113720_sofi&utm_source=MRKT_ADWORDS&utm_medium=SEM&utm_campaign=MRKT_SEM_BRA%7CBrand%7CBrand%7CCore-No-Mortgage%7CGG%7CMobile%7CExact%7CUSA%7CENG_e_g_m_484876113720_sofi&cl_vend=google&cl_ch=sem&cl_camp=11800864060&cl_adg=115595045998&cl_crtv=484876113720&cl_kw=sofi&cl_pub=google.com&cl_place=&cl_dvt=m&cl_pos=&cl_mt=e&cl_gtid=kwd-104064049&opti_ca=11800864060&opti_ag=115595045998&opti_ad=484876113720&opti_key=kwd-104064049&gclid=EAIaIQobChMItpesoJ-69wIViStMCh1AoAXqEAAYASAAEgLSbPD_BwE&gclsrc=aw.ds&;

[infamous]

im doing GREAT on those 5.00 call options i bought for 1.05. expiration, first friday after earnings

[Stockman1010101]

FU SOFI you P&D POS stock.

[Stockman1010101]

Listening to Cramer and following his flip flop advice cost $10,000 in 1995. Cramer belongs in prison.

[Stockman1010101]

If that is true why did sofi lost 50% of its value in the past few weeks. It's nothing more then a pump and dump stock for bag holding fools. Like I was a few days ago.
I am glad I am out of this Dog with Fleas stock.

[Norton1973]

Pretty much you hit the nail on the head.

I can understand others frustration....not much going good , in most stocks.

Markets go up, they go down, right.

If one likes a certain stock, believes in his dd...opportunities out there, all over.

[ssc]

And a typical comment on social media right after the Cramer interview with Noto:

CNBC fast money Guy and Tim calling SOFI a screaming buy and both think it should be trading over $22.00, Jim Cramer was very positive on it after the CEO was on tonight, and said he thinks it will be a much higher stock in the future.

[infamous]

SOFI is just more or less a victim of a terrible market!

[ssc]

Why is it so easy to simply dismiss the fact that Cramer interviewed Noto on his show on 1/19/22, the next day, 1/20/22, it hit $16.47 (its high for this year) for no reason other than the appearance on Cramer's show, and the stock immediately reversed later that day and has gone straight down to the current $6 area since then?

Yeah, 2 outstanding individuals.

[Norton1973]

Whatever.....:)

[ssc]

Also a buddy of Cramer. Anyone see him on Cramer's show pumping the stock up to $16 not too long ago? 2 outstanding individuals lmao.