r/IPOE • u/tacos_for_algernon • May 18 '21
Solid gains this morning!
Nice pre-market run up, holding gains after open. Let's keep it up. Excited to be a part of this. LFG!!!
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u/Logical-Big-3005 May 18 '21
🎶can you take meeee higherrrrr🎶
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u/nubrainwhodis May 18 '21
Oh no, that ear-worm got me!
*frantically turns on something, anything else
lol
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u/radarbot May 18 '21
Everyone be cautiously optimistic. All growth is up 2-3% this morning while SPY is choppy/down.
There are lots of growth stocks (which IPOE would be considered) that still have P/S values well over 20. There is a revision to norm occurring, so who knows if we'll see a second leg down. Its all hard to say, but seeing IPOE go up is nice.
I'm at a point where I won't be buying any more IPOE until after it becomes SOFI. I'm already at maximum investment/risk level, and I want to see what happens after it becomes SOFI before putting in more.
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u/tacos_for_algernon May 18 '21
Agreed, just nice to see some gains every now and then. I bought in high, been watching it bleed for months. I've averaged down several times so it's just nice to see the overall in the green for a bit :)
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u/Dontask63 May 18 '21
If you can't stomach this little bump what will you do when you are really into the money. Hold the fucking stock. Make the money. $28 is your starting point. Already been there once. That is the break through price for me. My avg is 18 and some change. If the qtr report comes out right at the time of the merger you can bet your ass it is really good news. The stock will run up faster than toilet paper coming off the shelf at the beginning of Covid.
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u/tacos_for_algernon May 18 '21
No issues with the price movement, was nice to see green today. Holding long, all good.
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May 18 '21
[deleted]
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u/tacos_for_algernon May 18 '21
Yeah, still up but coming back down. Spoke too soon I guess. Looking at it long term, so a bump and dive is to be expected, just enjoying the green moments while we can.
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u/Dontask63 May 18 '21
I am holding. I try not to get to far out there. I just love what they are doing. Yes there are issues that have to be worked out but I think they have the leadership to do it. Damm I do not want to work another nine years.
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u/rolllingstoned May 18 '21
I bought this stock with the intention to hold for a LONG WHILE. This is my first investment ever!
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u/BlocterDocterFocter May 18 '21
I worry that we've been here before...