SoFi Technologies Inc (SOFI)

[JJ8]

Be aware that the st signal now changed to Long Tail Up today 17-Sep-2024.

A warning that prices likely may go down after the run up. GLTA

[JJ8]

Sofi share price still in mode of Double Top Breakout since 11-Sep-2024.

It appears the challenge ahead is to rise above $7.94, next $8.06 towards $8.30

We shall see.

Cheers & GLTA

[SilverKnightLV]

In the money options will benefit as much, so I'm okay.

[JJ8]

Speculating is usually a of optimism and life. Please don't knock yourself down. Don't tell yourself negative things.

The question is why to sell the stock when the market in general is setting up with the good news of Interest Rate cuts coming soon. The small caps are mostly coming alive and the market in general is expected to improve as well. Sofi shares price now appear to just begin to move up

I am positive. We shall see.

Cheers & GLTY & GLTA

[ranchhand71]

September 9 presentation before Goldman Sachs institutional audience should be a positive.

[JJ8]

Sofi share price High Pole Warning today on 30-Aug-2024. GLTA

[DRJ69]

Not a bad strategy. Breakeven would be around $10-11 share price so 22 months for time period. You can control more shares with this option if you wanted to. I have to believe that this stock will be over 10-12 bucks in the next year or two. I own around 4000 shares, sold about 500 shares a week or two ago for some small profits.

[ranchhand71]

SOFI presentation and update at September 9 Goldman Sachs Conference should contain further updates on broadening revenue sources and maybe some new relationships if concluded by then…IMHO

[SilverKnightLV]

Sold majority of shares and went for June 2026 $7 LEAPS. Time will tell if I'm an idiot or not.
While future results are not indicative of past performance, I'm probably an idiot.

[MightyX]

Was only matter of time

[JJ8]

Sofi share price ASCENDING Triple Top Breakout today, on 29-Aug-2024.

This is good news after a long period of negativity in share price.

Cheers & GLTA

[JJ8]

Sofi share price continuing in the mode of Triple Top Breakout since Aug. 14th.

Hoping this laggard in my Port turn into a profitable shareholding finally. GLTA

[JJ8]

High Pole Warning on 01-Aug-2024. BLTA

Already the laggard Sofi and the larger market declined, given the bad news helps keeping the laggards of what they already are.

The market is the boss. T/A is history.

C'est La Vie!

[OTCrally]

HODL - like this one still

[TheFinalCD]

wen? break and hold 8

[JJ8]

SOFI share price Double Top Breakout today, on 31-July-2024 GLTA

PS: Port value UP by 6.25% today thanks to nvda, tsla, primarily. Laggards like sofi, pltr soon appear to follow.

[BigHeis]

YES!

[TheFinalCD]

7.11

$SOFI CEO Anthony Noto with a mic drop closing statement:

"If you can't tell by now, I feel great. To put it bluntly, I do not know of any financial services company or FinTech that has transformed their business to be less risky, less capital intensive, while still driving… pic.twitter.com/84DdctLgrO

— Data Driven Investing (@DataDInvesting) July 30, 2024

[BigHeis]

You’re welcome. In my opinion, this stock is setting up to be a high flyer. The debt is being addressed and being paid off. All good things take time! Go SOFI

[EnchantedTitan62]

Watching it right now.👍 Thanks.

[BigHeis]

SOFI CEO Anthony Noto to appear on CNBC within the 1/2 hour. Go SOFI

[BigHeis]

Earnings out. 3rd consecutive profitable qtr. Go SOFI!

https://www.businesswire.com/news/home/20240730317295/en/

[EnchantedTitan62]

Added a few more today. Earnings call on the 30th this month.

[EnchantedTitan62]

Added a few more today. Earnings call on the 30th this month.

[EnchantedTitan62]

Read article on SoFi dated 7/20/24 by Motley Fool, and after much dd, I'm in today

[EnchantedTitan62]

According to Fintel, 18 percent of float is shorted.

[JJ8]

Sofi share price Long Tail up on 16-July-2024.
An alert for price likely adjustment. GLTA

[MightyX]

Closer to $12

[JJ8]

SOFI share price had a Double Top Breakout on 10-July-2024.

It's time for SOFI to make an up move.

It's been the disappointing laggard in my Port.

Hopefully, it will finally make a move to the $9 level for a start.

We shall see.

Cheers & GLTA

[MightyX]

Nice premarket $7+

[DRJ69]

You are correct, believe they have had two or three quarters of positive earnings, would love to see a nice boast in earnings for this 2nd qtr.

[MightyX]

May have grabbed the last of the $6.50’s

[BigHeis]

Agree, sure hurts to see other stocks go up so much quicker… we will be rewarded in the end. Patience. Maybe some BIG surprises on 7/30 earnings report!

[DRJ69]

Good for you. I got involved in the IPO, did not have alot of shares but pocketed about $6-7K and after it dropped, I started buying in, my cost basis is around $11-13 bucks but have been buying more to get it lower. Long term, this will be a big winner but need to be patient.

[BigHeis]

Yes, you and I have the exact same thoughts. I did already pocket 50k on this stock last year when it went from below 5 to above 11, but of course I started buying again when it dropped below 7. I am hoping for another double and for it to keep going as the rates start dropping by the fed

[DRJ69]

Yes and by reducing debt, they decrease their interest expense substantially which obviously will help them increase their earnings. I like the CEO, and they are a different type of bank, not the normal brick and mortar bank, kind of like a hybrid bank and fin technology company. Young people are leaving brick and mortar banks for companies like this. I have been disappointed by the stock price action so far but believe this could be a big winner down the road, the question is when? a year, two years, three years, etc? They are growing their revenues, just need to grow their earnings now.

[BigHeis]

That was the intent of the last public offering. According to Anthony Noto, CEO, they did the offering to reduce debt. Looks like it is working so far.

[MightyX]

Back @ $6.59

[DRJ69]

Total debt is $2,895 Billion as of 3/31/24. Just looked at the financials on Morgan Stanley, good improvement from the previous quarter. Will be interesting to see if it keeps decreasing with this next quarter's financials.

[infamous]

i can see SOFI EASILY going back to 5.00 IMO. 5 bil in debt? huh?

[infamous]

SOFI STILL has like 5.8 billion dollars in debt. wth??? crazy. how are they still in business????

[MightyX]

When the sophisticated traders return

[girlfriend]

What's up dude? When this POS getting to 8.50?

[$Pistol Pete$]

Got it

[UpTickMeA$AP]

They thought it would create favorable optics for institutional players, and lure some in...

Unfortunately, that didn't work...

Noto clown is all about optics, and feels... I think he's a bit to woke. He once announced that sofi would fight against sexist Artificial intelligence. While in the world of reality, he should have been addressing the huge debt load, and lack of profitability.

They need a new CEO.

[$Pistol Pete$]

What is the reason for the reverse split in 2022? I am reading this one

[Monksdream]

SOFI new 52 week low

[girlfriend]

Yeah miserable chart.

[UpTickMeA$AP]

Sofi is a giant turd, wrapped in a turd. I'm thinking bankruptcy will eventually come.

As of 2024-05-30, the Fair Value of SoFi Technologies Inc (SOFI) is -0.84 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 6.85 USD, the upside of SoFi Technologies Inc is -112.3%.

https://valueinvesting.io/SOFI/valuation/fair-value#:~:text=As%20of%202024%2D05%2D30,Technologies%20Inc%20is%20%2D112.3%25.

[girlfriend]

6.44. your troops are headed in the wrong direction.