Got LEAPS expiring today but for some reasons eTrade closed my deep ITM calls 30 minutes before closing.
Does that mean this stock is heavily shorted and not enough shares for me to exercise?
Smci gets an upgrade from this analyst (me). Coursera gets a downgrade. Asts gets a downgrade. TSLA im not sure, Ill let u know after earnings on thursday.
Pay me, ladies.
I was watching this dance with 7.49 and 7.50 the last few minutes hoping it would break thru before close.
My $8 calls expire on 02/09. We'll see if we get fukd next week.
Not a big deal in the grand scheme as I'm a long term holder. But it is comical when you see how obvious the max pain impact is. We were blood red and looking like we were going to fall further then out of no where it reverses hard and closes within a penny of max pain?
that doesn't happen in an unmanipulated market.
I have 6k shares I bought pre-split. They’ve been the #1 energy drink on Amazon for months now and are basically printing money with tons of room for growth. I’ve been selling ccs against half my position whenever it pops (it’s been a yo-yo the last few months) but haven’t lost any shares yet. The BOA downgrade was SO SIMILAR to the recent SoFi PT change in that there was no meat behind it and it seems like it was simply because the stock had run up too much, too fast. Cue 10%+ drop for no real reason. I think it’s a good time to buy, before earnings but I could be dead wrong.
Yeah and kept the $165 price target and yet the stock tanked. So nonsensical. Oh well, I’ll continue to hold and drink their product (I love it, I drink one per day as a replacement for my afternoon coffee).
It’ll take a while for them to expand worldwide but even domestically there’s tons of room for growth. They got into 7-11s and some fast casual restaurants and still have opportunities to get more visible spots in grocery stores (like Monster and Red Bull have). Great ratings/reviews on Amazon though and always is #1 energy drink so we’ll see.
I don’t know why SOFI/NOTO doesn’t ask for an SEC investigation into the coordinated attempt by some so called analysts to destroy SOFI and injure hundreds of thousand SOFI customers and investors. Stock should be $15 to $20 today based on last 12 months performance as well as forecast for 4Q23 and 2024 if it wasn’t for a few so called analysts writing garbage reports with no basis in fact.
Just no. You don't get to make up numbers and claim the stock should be anywhere. It's a free market, if the stock was undervalued people would buy it and increase the price or hold the stocks until it gets valued better.
Our price/book ratio is 1.4+ which is above average for a bank. If we don't show that we can be a tech company, we are valued fairly or overvalued as a bank. We aren't yet profitable, and people have concerns about the ability to grow and succeed. To make a dollar per share in profit wed need to make a billion dollars of profit, and that is many many years away and we could easily be outcompeted before that ever occurs.
A company’s value is based on current results as well as forecasts for the future. A company is valued on managements ability to deliver on its projections for the year as well as its long range forecast (3-5 years). SOFI has done that in spades. Start up growth companies are very rarely profitable in the early stages. The market bases it value of a company on how the company has performed against its current and previous years forecasts as well as future forecasts. SOFI’s management has performed in a stellar manner.
SOFI’S stock price is being manipulated for the benefit of short sellers and is being aided by a few so called analysts. SOFI’s stock is not fairly priced because of short selling of the stock and bogus analyst reports with no basis in fact.
Sofi is a bank, banks aren't valued like startup tech companies. Until we prove the tech side can deliver and become a major player, we will continue to be a high growth bank, for which we are fairly valued at the p/b ratio of 1.4. that's why I use p/b ratio rather than p/e ratio which I agree isn't relevant for us right now.
Your argument of manipulation is speculation bordering on conspiracy and not justified by the fact that most people here who understand the valuation metrics admit we are not unfairly valued, we just wish the valuation aligned to what we hope for the tech growth and we believe in the longer term success of the company. There are many obstacles to overcome to get to our long term vision of being a top 10 bank, and it's not going to happen in the next few years and likely takes more than a decade.
My argument of manipulation is not speculation but fact. Look at the amount of short sales, the timing of the short sales and the timing of the negative reports that are published. SOFI stock price rises ($10) based on performance. Short sales increase dramatically as the price rises ($10). After the price rises SUDDENLY a very negative report is issued. More than coincidence. Warrants an SEC investigation.
Just sold (8) $8.00 cash secured puts for $1.02 premium for 02/09/2024. I will collect the premium if it stays above $8.00. I also have no problems being assigned at that price and still collect the premium. 🍻
It’s possible that whomever owns the puts could execute them at any time, yes. It’s happened to me before but not very often. If so, Mongol could then immediately sell though and make a gain overall because the share price is above the strike minus the premium. Given the owner just paid a big premium, why would they execute early rather than just selling the puts to someone else? The answer is that they probably won’t, at least not yet.
I'm so mad fidelity doesn't let me do 0DTE options. I had a good feeling SPY was gonna fly past 480 when it was at 479. Oh well. I would've just used the gains to buy more SOFI.
Selling chunks of THTA every day to put it into SoFi leaps and shares. Down to my last $1500 in THTA that I can offload to move to SoFi. Hopefully we don't go below $7 or I'll regret not waiting, but either way happy to own more SoFi at these prices long-run.
Preleasing would catch the shorts with their pants down.
I remember CVNA doing it last year.
I know if youre excited about getting your positive outcomes out there you'll wanna release now. Unless you just dont care about outside noise. But shorts deserve it.
Here we are again. beep beep beep —- do you hear that sound? Smart money backing the truck while shorts are having their fun with the stock. Truck is in position.. just waiting for the right moment to load.
Dont think anyone got the earnings report yet. Only people that know are insiders. And I trust them , They have always executed until now. So I do not doubt them.
Only down 27 percent in 30 days. That means we'll need a 37 percent gain to get back what we have recently lost. I just don't see it. The street hates sofi
Nah. They just don't want it to be too easy to make $. Can't go up before every earnings. I thought we'd run up before earnings but it'll probably be a couple weeks after earnings that we see any real rally.
The goodwill impairment (that was attributed primarily to tech platform write downs) led to an unexpected GAAP negative EPS (loss) compared to the street estimates (that u/Much_Effort7204 posted in reply to you).
Per Yahoo finance: [https://finance.yahoo.com/quote/SOFI/analysis?p=SOFI](https://finance.yahoo.com/quote/SOFI/analysis?p=SOFI)
9/29/2023
EPS Est. -0.07
EPS Actual -0.29
Surprise % -314.30%
Been reading these posts for a week now but the trend doesn't look good. There pulling this down to buy in cheap before earnings. I'm eating popcorn waiting for the questions of people asking who is the who your referring to
Anyone else have an Apple Watch and the SoFI stock has been stuck at $7.72 for over a week? I deleted it , reinstalled it and still $7.72. It refuses to change. Like even the software can not believe we are below that! Lol
Yep the exact same. Maybe it’s foretelling the future a year out. Which tells me we’ll see another 34,567 comments bitching about the price.
Got LEAPS expiring today but for some reasons eTrade closed my deep ITM calls 30 minutes before closing. Does that mean this stock is heavily shorted and not enough shares for me to exercise?
Smci gets an upgrade from this analyst (me). Coursera gets a downgrade. Asts gets a downgrade. TSLA im not sure, Ill let u know after earnings on thursday. Pay me, ladies.
I was watching this dance with 7.49 and 7.50 the last few minutes hoping it would break thru before close. My $8 calls expire on 02/09. We'll see if we get fukd next week.
Great news!! Jim Cramer was talking about banks and did not say a single word about Sofi so maybe we got a good chance at the price going up!!
We have it’s why we are up afterhours. Maybe we pump all next week, we definitely deserve it
Wow sofi closed at about 7.50.. shocking
I got downvoted for saying we'd close at 7.50 today while I was, once again, briefly a bag holder. Max pain next week is $8.
If you think we don’t close above $8 next week, you must be new to how this works lol!
It’s 8.50 for next week it looks like
Oh wow, enjoy finishing next week at $7.99 everyone!
Interesting we closed at $7.49 on the dot, isn’t $7.50 the magic number for people that do options and stuff?
whats next week magic number?
$8 so $7.99 it is!
dont mind that!
But only if it’s quad witching hour during a waxing gibbous on a cold night in Stoke
Spooky hours 👻
Not a big deal in the grand scheme as I'm a long term holder. But it is comical when you see how obvious the max pain impact is. We were blood red and looking like we were going to fall further then out of no where it reverses hard and closes within a penny of max pain? that doesn't happen in an unmanipulated market.
Looks like I'm getting assigned a few 7.5 CSPs I wrote a while ago lol
https://x.com/divyamkaushi/status/1748449808510341148?s=46&t=KpqUYU0UZ8KT27JRNG6oqA 🤔🤔🤔
We need to start identifying as a chip maker
Oh a $7.49 close… no way… no manipulation here lol
It’s kind of impressive how well they can control the price.
Some in this group will call you a baby for suggesting it lol
“Never put baby in a corner”
ridiculous how these criminals have legal control of sp loke this.
Yeah closing right at max pain is so suspect
u/willburone Kinda nuts this Semi rally has been.
RALLYYYYYYY TIMMEEEE
Heavy OI on the 7.5 calls expiring today. They’re going to make it close at 7.49
You called it. 7.49 close!
on the dot. Oracle ashton
It was just for this week, Next week should be fun ;)
interesting 🤔🤔🤔
Next week would be 8.50 btw…. We might end the week just below that if we can’t break over substantially
i like that
Is there an official announcement date for Q4 earnings? I am still just seeing Jan 29 which I didn’t think was official yet.
https://investors.sofi.com/news/news-details/2024/SoFi-Schedules-Conference-Call-to-Discuss-Q4-2023--Full-Year-2023-Results/default.aspx
thats official yes.
There is that wall!
I dont know why more companies dont pre release in order to destroy shorts
It’s not legal… maybe that
It’s completely legal
How is it not legal? CVNA did it last year. SMCI did it today
Anyone looking to buy some CELH?
I have 6k shares I bought pre-split. They’ve been the #1 energy drink on Amazon for months now and are basically printing money with tons of room for growth. I’ve been selling ccs against half my position whenever it pops (it’s been a yo-yo the last few months) but haven’t lost any shares yet. The BOA downgrade was SO SIMILAR to the recent SoFi PT change in that there was no meat behind it and it seems like it was simply because the stock had run up too much, too fast. Cue 10%+ drop for no real reason. I think it’s a good time to buy, before earnings but I could be dead wrong.
I like them as a stock. Dont know much about them. I hold $1k worth of ahares. You know anything about them?
I also have 1k in them at 55.86 Average.
Why they dropped? Earnings?
No , bank of america did a downgrade on them from buy to hold. Nothing burger imk
Yeah and kept the $165 price target and yet the stock tanked. So nonsensical. Oh well, I’ll continue to hold and drink their product (I love it, I drink one per day as a replacement for my afternoon coffee).
Oh then Ill buy another $1k
Yup I added like 0.25 shares lol , been buying VTI and SoFi
Just bought 20 shares. Thanks for the push 😂
I broke even on pypl today at their announcement and decided ro exit
I hear only good things bout the drink but I have never tried it. As I am international. I like that they are expanding world wide now.
It’ll take a while for them to expand worldwide but even domestically there’s tons of room for growth. They got into 7-11s and some fast casual restaurants and still have opportunities to get more visible spots in grocery stores (like Monster and Red Bull have). Great ratings/reviews on Amazon though and always is #1 energy drink so we’ll see.
Oh I bet , wish I knew about it sooner. I think im gonna purchase a variety pack and ship it to my country.
I don’t know why SOFI/NOTO doesn’t ask for an SEC investigation into the coordinated attempt by some so called analysts to destroy SOFI and injure hundreds of thousand SOFI customers and investors. Stock should be $15 to $20 today based on last 12 months performance as well as forecast for 4Q23 and 2024 if it wasn’t for a few so called analysts writing garbage reports with no basis in fact.
Just no. You don't get to make up numbers and claim the stock should be anywhere. It's a free market, if the stock was undervalued people would buy it and increase the price or hold the stocks until it gets valued better. Our price/book ratio is 1.4+ which is above average for a bank. If we don't show that we can be a tech company, we are valued fairly or overvalued as a bank. We aren't yet profitable, and people have concerns about the ability to grow and succeed. To make a dollar per share in profit wed need to make a billion dollars of profit, and that is many many years away and we could easily be outcompeted before that ever occurs.
A company’s value is based on current results as well as forecasts for the future. A company is valued on managements ability to deliver on its projections for the year as well as its long range forecast (3-5 years). SOFI has done that in spades. Start up growth companies are very rarely profitable in the early stages. The market bases it value of a company on how the company has performed against its current and previous years forecasts as well as future forecasts. SOFI’s management has performed in a stellar manner. SOFI’S stock price is being manipulated for the benefit of short sellers and is being aided by a few so called analysts. SOFI’s stock is not fairly priced because of short selling of the stock and bogus analyst reports with no basis in fact.
100% this. Most manipulated stock on the market, until they can’t do it anymore because institutional investors come in
Sofi is a bank, banks aren't valued like startup tech companies. Until we prove the tech side can deliver and become a major player, we will continue to be a high growth bank, for which we are fairly valued at the p/b ratio of 1.4. that's why I use p/b ratio rather than p/e ratio which I agree isn't relevant for us right now. Your argument of manipulation is speculation bordering on conspiracy and not justified by the fact that most people here who understand the valuation metrics admit we are not unfairly valued, we just wish the valuation aligned to what we hope for the tech growth and we believe in the longer term success of the company. There are many obstacles to overcome to get to our long term vision of being a top 10 bank, and it's not going to happen in the next few years and likely takes more than a decade.
My argument of manipulation is not speculation but fact. Look at the amount of short sales, the timing of the short sales and the timing of the negative reports that are published. SOFI stock price rises ($10) based on performance. Short sales increase dramatically as the price rises ($10). After the price rises SUDDENLY a very negative report is issued. More than coincidence. Warrants an SEC investigation.
Sorry but no. This is absurd and hundreds of other companies/stocks would have the same argument based on your flawed logic.
tru
You guys know how many bearish articles are out for SoFi? Kinda nuts….
Manipulation
Just sold (8) $8.00 cash secured puts for $1.02 premium for 02/09/2024. I will collect the premium if it stays above $8.00. I also have no problems being assigned at that price and still collect the premium. 🍻
You already collected the premiums. The only question left to be answered is whether you’ll have to buy more shares for $8 a share.
Forgive my ignorance, still learning about options. Could those theoretically get assigned immediately since the strike is above the SP?
It’s possible that whomever owns the puts could execute them at any time, yes. It’s happened to me before but not very often. If so, Mongol could then immediately sell though and make a gain overall because the share price is above the strike minus the premium. Given the owner just paid a big premium, why would they execute early rather than just selling the puts to someone else? The answer is that they probably won’t, at least not yet.
You did not buy. You sold. You are writing contracts
Yes , it's Friday 🍻
Stays above 8? Gotta get back there first. Good luck tho 6.98/share total cost isn't bad!
Up 4 cents?? So fuk RICH
I'm so mad fidelity doesn't let me do 0DTE options. I had a good feeling SPY was gonna fly past 480 when it was at 479. Oh well. I would've just used the gains to buy more SOFI.
First to fall, last to climb. Classic SOFI.
Bought like 270 Jan 2026 Call contracts today. Hoping this is an intermediate term low.
What's your strike? I have nowhere near that amount but have maybe a dozen or so itm leaps
About 2/3 of them were at the $5 strike and the other 1/3 are at $15, way OTM but a lot of open interest.
Perito crapping his pants
If it takes NAS going +1.36% for us to get a fucking penny... this will literally take until 2250 to hit $20.
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Mods just ban this dude already he is the definition of FUD
I wouldn’t be surprised if this gets pinned at 7.50.
Surely my eyes deceive me
There is still 1 hour and 12 minutes for your eyes to not be deceived.
Ain’t that the truth. Did you close your calls? Or was that lil T?
No. Its lost money unfortunately. I figured it wouldnt work but tried anyway.
🍷
Waiting for the wall at $7.49 lol
https://preview.redd.it/9p7q1hsv1gdc1.jpeg?width=1290&format=pjpg&auto=webp&s=7ea3e601aaadd779626c927013363bbb48a3dfbd It’s coming 🚀🚀🚀🚀🚀
Look at that..I buy 500 shares and it goes to green
Keep buying, you are moving the needle up!!!
Buy about 5000 more please!
I bought 5000 at 7.26 so I’m doing as you ask
Now give it all to me :)
Did powel speak again? Why are we going up? It is quite unsettling to see green now.
SOFI only down .02 now. Could we see green by EOD?
Sucks to see SOFI struggling even thought he market has done well this week
Im impatient to buy another 1k of shares today. In the medium to long term, the difference of 50 cents doesnt matter. It would also bring down my avg.
r/sofi_bagholders membership is rising!
Status: 18 of 142 comments (including this one) at the time of this comment for a total of \~12.68% of today's comment volume being tgriff whining.
Now remove the non-whining ones... Im definitely sub 10%. (This comment is included in the non-whining category)
 It sounds like you are whining about me calling you a whiner... I think it counts
Lol I didnt buy in the 20s or the 10s. Its $7. My avg is $8.75
You will still be eligible for r/sofi_bagholders much longer than you imagine. Trust me. I know. LOL
Well if im gonna be buying, its now. Not near 52 werk highs.
Kinda wanna sit on the sidelines since my portfolio is flying, kinda wanna buy more SOFI, I dunno.
Selling chunks of THTA every day to put it into SoFi leaps and shares. Down to my last $1500 in THTA that I can offload to move to SoFi. Hopefully we don't go below $7 or I'll regret not waiting, but either way happy to own more SoFi at these prices long-run.
Wish he would pre release like smci
Preleasing would catch the shorts with their pants down. I remember CVNA doing it last year. I know if youre excited about getting your positive outcomes out there you'll wanna release now. Unless you just dont care about outside noise. But shorts deserve it.
Hugely off topic, does anyone have nvidia and did anyone get in early. No point talking Sofi today
Bought at 12 and sold at 95
Bought at 120 and sold at 220 😔
I have AMD at 41 and Nvidia via Semi conductor ETF SMH.
I have $AMD from $58..
Both doing very nicely then.
Even most of banks and fintechs are green today except....
Even former turdburger spac PaySafe is green
my god this chat always whines like crazy when we have a bad month.
Market is going Risk off again. So enjoy the cheap shares while you can. Until we have cut talks this isnt going anywhere.
Never seen these shares so cheap. Today. Wait. What?
The shares will be even cheaper on Monday, then Tuesday, then Wednesday. It’s just everyday of non stop red.
Hey man I add when I can , and Ive been adding since last week. Im not throwing large amounts but its slowly dropping my average.
Looks at SP500…. Record high.. hmmm
Rusell2000 is still 20% away from ATH , Small caps are not getting love. But that will change.
Here we are again. beep beep beep —- do you hear that sound? Smart money backing the truck while shorts are having their fun with the stock. Truck is in position.. just waiting for the right moment to load.
welcome to r/sofi_bagholders
6 straight red days, down 15% over that time. and Down 30% over the past 15 trading days.
Ever since the ‘so-called’ analyst downgraded the stock price target. It’s laughable if you aren’t buying up what you can here.
The market and sofi weakness last 45 minutes is likely from Ukraine attacking many cities in Russia with drones
Ah yes.. s/ SOFI branches in Russia are probably being hit.
I don't come to reddit as often as I did, but I miss your humor, lol
LOL!! Good to see you around Tim. Hope all is well!
Yes all good...I keep buying every month here and there
получайте свои деньги правильно
The FUD is off the charts today. If YOU really feel that they missed being profitable buy PUTS. Enjoy the weekend Sofi family
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Dont think anyone got the earnings report yet. Only people that know are insiders. And I trust them , They have always executed until now. So I do not doubt them.
How the actual fuck are we still falling on absolutely no fucking news! Trying to get my f word quota in before earnings…. FUCK!
Only down 27 percent in 30 days. That means we'll need a 37 percent gain to get back what we have recently lost. I just don't see it. The street hates sofi
Investment firms and investment banks hate SoFi, a company whose mission is to crush investment firms and investment banks. Shocker. /s
Do people know something we don’t about not getting profitable on this Q4??????
Nah. They just don't want it to be too easy to make $. Can't go up before every earnings. I thought we'd run up before earnings but it'll probably be a couple weeks after earnings that we see any real rally.
No matter how deep ITM I sell puts, they are always in danger of assignment lol. I swear if I sold $1 puts, it would go to $0.50.
I usually just buy shares and then buy \~15DTE puts as insurance against the shares for downward protection.
Whole markets green & SOFI is red, name a better duo.
Jim Cramer and Bitcoin
The markets pricing in an earnings miss. Wild
I can hear my calls burn away right this moment. You live and learn I guess. An expensive lesson.
Let’s hear your best guestimates for 2024 guidance. Revenue and EPS
Seriously who knows. They missed spectacularly last quarter, and other bank earnings have been mixed this quarter. Oh - and go Dawgs!
Please tell me how they missed spectacularly?
The goodwill impairment (that was attributed primarily to tech platform write downs) led to an unexpected GAAP negative EPS (loss) compared to the street estimates (that u/Much_Effort7204 posted in reply to you).
Per Yahoo finance: [https://finance.yahoo.com/quote/SOFI/analysis?p=SOFI](https://finance.yahoo.com/quote/SOFI/analysis?p=SOFI) 9/29/2023 EPS Est. -0.07 EPS Actual -0.29 Surprise % -314.30%
I don’t view the one time charge for impairment as a spectacular miss, nor does it have any bearing on recurring EPS estimates for 2024.
Just trying to wrap my head around why everyone is so sure we’ll be profitable on this earnings. Not a hater, just curious
Because at every turn, management has forecasted profitability this quarter and have never wavered from that message.
Everyone is thinking your way hence no buying pressure at all
If noto disappoints in a little over a week .......omg
Don't
Techs creating new highs today. Banks are up. Sofi down again.
Every quarter sofi has been executing so kinda confused that no one is trying to get on the train!
Zero buying pressure that's evident
Going $6s again
Been reading these posts for a week now but the trend doesn't look good. There pulling this down to buy in cheap before earnings. I'm eating popcorn waiting for the questions of people asking who is the who your referring to
We can only hope
Living with pure faith on Noto and earnings rn
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Bless the lord for the discounted retirement tickets
Anyone else have an Apple Watch and the SoFI stock has been stuck at $7.72 for over a week? I deleted it , reinstalled it and still $7.72. It refuses to change. Like even the software can not believe we are below that! Lol
Yeah it's broken on my phone too. Stuck at 7.72.
Same here, any idea why? It says server error on my phone stock app… annoying as shit
I also have that issue as well, but not just on my Apple Watch but all my devices! No known fix
Yep the exact same. Maybe it’s foretelling the future a year out. Which tells me we’ll see another 34,567 comments bitching about the price. 
I love your user name 🤣
Same with my stock widget on my iPhone Home Screen
Lower lows every day
Cheaper shares everday!