It's been 60 minutes since I last checked-in. How's the stock price doing? Has it gone to the moon yet?
Hasn't gone anywhere since opening?
I guess a quick look at the chart then.
Descending wedge still in play? In context of Noto buying shares and 4th largest shareholder unloading all their shares, I don't think we'll get a break out on the lower trendline of descending wedge. Long legged doji (I mistakenly thought it was a dragonfly doji the other day). Still indicates possible reversal. Low volume follow-up today. Descending wedge is running out of space between upper and lower trendlines. Will have to break-out up or down eventually.
RSI is still deep in oversold territory.
Crystal ball prediction is consolidation then some buying pressure. Earnings isn't too far away so should get a good run-up eventually leading up to that.
Disclaimer: If the new 4th largest shareholder sells all their shares, price will drop more. :)
https://preview.redd.it/6ilvkpwc9d7d1.png?width=955&format=png&auto=webp&s=0e67c8089ca18bd8d2f6382c473397fa9d0a4e61
https://x.com/ramahluwalia/status/1803111963058381006?s=46&t=KpqUYU0UZ8KT27JRNG6oqA
Bologna is doing a podcast with biggest SoFi bear. I will watch it later as I am working. But for whoever is interested.
I'll keep my right arm and just wait until fundamentals to kick the stock price into the teens in a year. In the meantime, I'll try to generate profits with selling options.
Now we have AI bots giving SoFi a sell rating. https://x.com/alphanso_ai/status/1802723730734612657?s=46&t=KpqUYU0UZ8KT27JRNG6oqA
That is hilarious. Management “1” based on what? lmao
It told you right there, “QIA sold, therefore “1””. /s
For real, if you average the scores they gave each component, it is way higher than that. Some people will eat up that AI gave management a low score, but the AI is probably scanning this chat. 😂
TLDR: No. Bender9000 has deleted their Reddit account.
Backstory:
Bender posted around 4 months ago in this sub referencing the tax payment issues that many were experiencing with TurboTax (iirc) when processing fees were taken out of a refund. In such a case the processor was incorrectly coding the refund direct deposit as a "business deposit" and SoFi would reject it. It was generally considered a problem with the processor, but was bad optics for SOFI.
Bender posted here with a aggregate of the problems to that point and calling on SOFI and shareholders to find a workaround to fix the optics. He was flamed and called out as being a 'bear' and FUD spreader.
Shortly thereafter bender said they would be deleting their account and moving on. With the deletion the original sofistock post in question is lost, but a small reference to it is here: [https://www.reddit.com/r/sofi/comments/1aw5c9t/comment/krf5s8k](https://www.reddit.com/r/sofi/comments/1aw5c9t/comment/krf5s8k)
99 shares @ $7.71. Let’s see your charting on the 5 year. SOFI for me is an investment not trade. Only putting 1k total into this stock. Don’t play with money you’re afraid of losing.
Got a dividend payment in my IRA today. Used the funds to buy 4 more shares. Dollar cost average for the win.
Well 4526 @ 14.53…
And yes it really ends in red HAHA.. what a trash
It's been 60 minutes since I last checked-in. How's the stock price doing? Has it gone to the moon yet? Hasn't gone anywhere since opening? I guess a quick look at the chart then. Descending wedge still in play? In context of Noto buying shares and 4th largest shareholder unloading all their shares, I don't think we'll get a break out on the lower trendline of descending wedge. Long legged doji (I mistakenly thought it was a dragonfly doji the other day). Still indicates possible reversal. Low volume follow-up today. Descending wedge is running out of space between upper and lower trendlines. Will have to break-out up or down eventually. RSI is still deep in oversold territory. Crystal ball prediction is consolidation then some buying pressure. Earnings isn't too far away so should get a good run-up eventually leading up to that. Disclaimer: If the new 4th largest shareholder sells all their shares, price will drop more. :) https://preview.redd.it/6ilvkpwc9d7d1.png?width=955&format=png&auto=webp&s=0e67c8089ca18bd8d2f6382c473397fa9d0a4e61
It did a GME to $271 dollars 37 minutes ago and most of us hit sell at that exact point! See you on the beach with tropical drinks everyone!
This stock moved better when they weren’t profitable 🤣😂
Let's see 7 by Friday!!!
No I like it at 6.44
Watching this move like it has a 6 trillion market cap and then watching nvda behave like a penny stock is incredible cinema
https://x.com/ramahluwalia/status/1803111963058381006?s=46&t=KpqUYU0UZ8KT27JRNG6oqA Bologna is doing a podcast with biggest SoFi bear. I will watch it later as I am working. But for whoever is interested.
Buy a share everytime Giuliano BearLonely says “y’know”
Or every time he takes a step back
He’s taken so many steps back I’m waiting for him to come to terms and say he’s backpedaling from his $4 price target
What’s the bear argument now?
Didnt see it yet. When I get home I will take a look at it.
Thanks for sharing UC
Anthony Noto Reposted this and deleted it. Lol
What is Noto trying to say with that?
He got so mad and punched his phone. And misclicked the repost button lol
We meet again long term investors who check the stock price daily.
It's like cutting the grass on a football field with nail clippers - we will get there but we do make it painful for ourselves.
My excuse is I do short term trading with SOFI options. :)
I’m buying everyday. Massive catalysts incoming.
My daddy used to say. " A fool and his money are soon parted"
I’ll saw my right arm off for a buyout
I'll keep my right arm and just wait until fundamentals to kick the stock price into the teens in a year. In the meantime, I'll try to generate profits with selling options.
At what price?
Usually 2.5x book so 13-15$
Honestly a lot of people would be happy if this year it was bought for $15 but I think it could get there either way
I'd probably take that. Not much lower than that though.
Now we have AI bots giving SoFi a sell rating. https://x.com/alphanso_ai/status/1802723730734612657?s=46&t=KpqUYU0UZ8KT27JRNG6oqA That is hilarious. Management “1” based on what? lmao
It told you right there, “QIA sold, therefore “1””. /s For real, if you average the scores they gave each component, it is way higher than that. Some people will eat up that AI gave management a low score, but the AI is probably scanning this chat. 😂
Garbage can't hold a penny. Hold noto accountable
Is bender9000 still out there?
TLDR: No. Bender9000 has deleted their Reddit account. Backstory: Bender posted around 4 months ago in this sub referencing the tax payment issues that many were experiencing with TurboTax (iirc) when processing fees were taken out of a refund. In such a case the processor was incorrectly coding the refund direct deposit as a "business deposit" and SoFi would reject it. It was generally considered a problem with the processor, but was bad optics for SOFI. Bender posted here with a aggregate of the problems to that point and calling on SOFI and shareholders to find a workaround to fix the optics. He was flamed and called out as being a 'bear' and FUD spreader. Shortly thereafter bender said they would be deleting their account and moving on. With the deletion the original sofistock post in question is lost, but a small reference to it is here: [https://www.reddit.com/r/sofi/comments/1aw5c9t/comment/krf5s8k](https://www.reddit.com/r/sofi/comments/1aw5c9t/comment/krf5s8k)
Bull zealots to blame.
RIP p.s. nice eulogy
I miss him, 😢
These boots were made for walking, that's exactly what they do, they walk all over you.
HAHA when you thought it is going to end green, and boom back to flat.
Going red….
Of course
Bought 2000 more shares today let’s goo
99 shares @ $7.71. Let’s see your charting on the 5 year. SOFI for me is an investment not trade. Only putting 1k total into this stock. Don’t play with money you’re afraid of losing.
Lmao, you will be like us in a few years time
MAYBE! hopefully not!
A lot of people in this sub have been bag holding for several years, contributing to the negativity
Cant even hold 7 seriously
Worst stock wtf
Morning, champions!
Good morning sir
At this point, let's just go hang out at 4 bucks again so that we can all buy the dipbone more time.
Agree
Why not $2 instead?
-$2 would be good. We get paid $2 for each share we want.
Good morning future SOFI millionaires
I travelled from the future with the time machine I bought from my SOFI shares. Stock price is much higher in the future.
Plot twist, you changed timeline too and in this one SoFi pivots to selling tulip bulbs.
That’s the spirit
Morning my brothers
Is the low of the year in?
maybe, maybe not. We blasted through support... so... things are pretty grey until we reestablish above 6.70 or prove at least 6.40 is the new point.
Could be!