The market didn’t like $SOFI earnings. Some people didn’t like that I stayed bullish either. I actually lost more followers today than on any day in the last 3 months. That’s okay. I’m not here to chase engagement. I’m here to share what I genuinely believe. One quarter, or one red day, doesn’t change my long-term thesis. I still believe SoFi is building one of the strongest financial platforms in the country, and I’m investing based on where I think the business will be years from now, not where the stock trades tomorrow. If my thesis changes, I’ll tell you. Until then, I’m staying the course. NFA.
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8 Comments
NickMtb @nickmtb · 9h
One flag with SOFI, it's still is free cash flow negative, that means it needs new money to keep the wheel going. Am not sure, cos am not a bank specialist, but this is something that came up in my review. Anyone can comment?
Robert @maplerob · 9h
Personally I think it’s still consolidating cause it’s done so well last few years. I keep buying sofi every week myself. It just takes time. Management is good. There growing customer base fast. The fundamentals keep improving so I’m very comfortable with this company. I’m anxious to see sofi in five years!! Look at the fundamentals folks!!
Ken Jiang@kykentn · 16h
I think Sofi actually had pretty good earnings some spots were js solid, I wouldve went for this stock if i wasnt heavily into Robinhood
markio @markio · 5h
I HODL the stock. I like it.
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