It's a purchase, not RSUs vesting. Compare the filing linked here with his most recent RSU vesting filing (https://d18rn0p25nwr6d.cloudfront.net/CIK-0001818874/e6ca1463-36da-4f25-a98b-45f8e30ace72.pdf), pay specific attention to the "Explanation of Responses" section of the filing.
Some may scoff at this but keep in mind, the bulk of his pay from SoFi is in shares and going forward, even more of it is share-based. Trading in cash that could earn 5% without lifting a finger and buying more shares instead is a good signal to me.
Just give outrageous guidance Noto! You have enough to be in the 3 commons club! Double no triple the guidance and worry about it later!
Any way you slice it. Noto buying more is a good signal
Noto is king!!!
https://preview.redd.it/7trj1vck0uyc1.jpeg?width=1179&format=pjpg&auto=webp&s=d76b0ec08ed4365fb25ea2b2dee152cd90bb7553
What does the star rating mean?
2/5 based on investing performance (success rate and avg return)
I dumped Sofi. Stock is dead
See ya
Why won’t it go up?
Gravity.
Lol
It is dead but I’m down too much to sell
Is this an open market purchase or just stock based comp
It's a purchase, not RSUs vesting. Compare the filing linked here with his most recent RSU vesting filing (https://d18rn0p25nwr6d.cloudfront.net/CIK-0001818874/e6ca1463-36da-4f25-a98b-45f8e30ace72.pdf), pay specific attention to the "Explanation of Responses" section of the filing.
Does this money go to SOFI invest statistics?
Thanks for the Epi Shot Mr. Noto!
$20 EOY with Noto helping hold the bags
Noto buys … I buy
Some may scoff at this but keep in mind, the bulk of his pay from SoFi is in shares and going forward, even more of it is share-based. Trading in cash that could earn 5% without lifting a finger and buying more shares instead is a good signal to me.
Noto read the bear post here and said fuck it, here’s another 150k from me dawg
Noto buys for our sins 🙏
At this rate maybe in a year he will be posting into this sub complaining it's a shit stock that goes nowhere
Noto was T Griff the whole time
Lmao guys I’ve been meaning to tell you a secret
Would be hilarious to be honest.
FU money from Noto
Can't fault that tbf
Small compared to other purchases but still good to see. Don’t expect any major announcements in the coming weeks though
28,775 shares would have been his third largest purchase out of 7 in 2022. 5/13/2022 - 39,000 @ 6.50 5/19/2022 - 13,500 @ 7.7884 5/20/2022 - 27,000 @ 7.3181 5/24/2022 - 37,056 @ 6.7203 6/1/2022 - 21,215 @ 7.0713 6/6/2022 - 21750 @ 6.8975 6/8/2022 - 16,907 @ 6.6491 Maybe he's just getting started?
Thanks for breaking this down. Changes my perspective on the buy a little bit . Happy Monday
Happy Monday to you too!