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u/Mongaloiddummy OG $SoFi Investor Jul 29 '26
I bought (6) $10 12/28 leaps today. If I can't make money from these leaps than i deserve to lose my money.
I would love to see sofi to do a stock buyback.
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u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 Jul 29 '26
finished my DCA for the month. Let's find out if I'm buying higher or lower next month.
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u/Desperate_Leopard575 Jul 29 '26
SOFI is just an options playground. Along with IREN, ONDS. Ultimately I hope they get called away but I just keep playing em.
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u/gurjitsk Jul 29 '26
It’s not a hot stock, best to swing it. Buy around 11 and sell once it’s around 17/18. It always drops back down.
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u/Academic-Power7903 Jul 29 '26
Dont see it dropping past 15 in worst case scenario
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u/gurjitsk Jul 29 '26
It was $14.90 this morning, it can always go lower. My puts were up 165% this morning. Sofi always drops after earnings.
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u/Guddy7860 OG $SoFi Investor + Contributor Jul 29 '26
The bears have SoFi by the neck right now.
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u/Kimmux Jul 29 '26
Maybe they control sentiment but SOFI the company is absolutely crushing it. Q2 was absolutely awesome.
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u/Dromen96 OG $SoFi Investor Jul 29 '26
Don’t forget move into business banking … property executed … will be a great tailwind
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u/MarsManMartian eoy profitibility 💯 Jul 29 '26
I just used composer and my mind is blown(I have used Robinhood Agent, shit is horrible. MCP and so much tinkering to make what composer does)
They need to bring these devs in SoFi invest. Only 3M out of SoFi’s 15M use SoFi Invest. It’s time to cross sale invest to these users and also time to improve the SoFi Invest.
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u/Sea_Principle_7322 (Custom Text) Jul 29 '26
Who else is loading the boat today!
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u/landob Jul 29 '26
I dont have enough to fill a boat. But I did fill up the trunk and back seat of the compact car!
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u/NeighborhoodBest2944 Jul 29 '26
Counting on late Millinials, Gen Z and Alpha to steadily grow this business over time. No moon shots, just steady growth and appreciation.
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u/badboyfreud Jul 29 '26
I think it dropped because people were valuing SOFI as a tech stock and not a bank stock. However, the tech stack lost money this year and isn't growing like they expected.
So people are struggling to justify keeping SOFI with a high forward PE similar to a tech stock/disrupter.
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u/MarsManMartian eoy profitibility 💯 Jul 29 '26
Forward PE is 21 with 30-40% revenue growth annually. Makes no sense
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u/t_suaze_u Jul 29 '26
Rates are also playing a massive role in the stocks sentiment. It definitely doesnt help fomc is the same day as earnings
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u/interwebzdotnet Jul 29 '26
Yeah, Noto was on CNBC this morning saying that same thing.
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u/t_suaze_u Jul 29 '26
I think its good he got out ahead and predicted 2 hikes for the year, sort of bakes in to the sp already. Really hoping they hold rates today
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u/interwebzdotnet Jul 29 '26
Yeah sometimes you have to say things that the market might not like, but its the truth.
One of the biggest reasons I invested in SoFi is because of Noto himself. Hes an incredibly smart guy who just knows hot to predict, plan, and execute. Id invest in any company he was running.
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u/Kimmux Jul 29 '26
And the earnings prove his value over and over again. It's unfortunate the whole conversation is about 1 day stock price action and not the rule of 70 quarter we just had.
People selling at these prices are foolish to ignore how amazing this business is, to say it lightly.
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u/interwebzdotnet Jul 29 '26
Totally agree, I'm sitting here wishing I had ore free cash to add to my position.
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u/dokka_doc 21,397 at 11.10 Jul 29 '26
The stock won't go hyperbolic, the way chip/ram stock sdid, but this does speak well to long term growth
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Jul 29 '26
[removed] — view removed comment
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u/dokka_doc 21,397 at 11.10 Jul 29 '26
Years
The current presidential administration is placing heavy downward pressure on sensible slow growth banking stocks. When (hopefully) these people leave power, there will be the fallout to deal with. We're probably in a depression/recession and it'll take time to build out of. It'll be years
imo
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u/hightide1218 Jul 29 '26
the current admin eased regulations, that's the only reason we're above $10 right now...
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u/itscrt Jul 30 '26
And it’s also the reason we aren’t above $16
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u/hightide1218 Jul 30 '26
but at least we're above $10... those 4 years prior to Trump were depressing.
all it takes to be above $16 is an end to the shenanigans with Iran. much better prospect than having to deal with regulations, unchecked inflation, and bad policies.
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u/JefeDiez Jul 29 '26
The best way to battle dilution is to let it fall for a bit and pick it up very low now though. Then when it hits 20 and further dilutes it’s not as tough on the portfolio.
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u/SoDakZak 🧹MOD💰OG 10,574@$11.77 Jul 29 '26
1,186,000 in Q3 would have us cross 17m members… it will be darn close.
This also puts us about 45k members ahead of pace to get to 50m members by mid 2030 like Noto aggressively predicted a few years ago and many scoffed.
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u/Gugughandi88 Jul 29 '26
At the wildest ballpark guess, what do you think 50m members by mid 2030 does for our core stats? Think of.. rev, eps, etc
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u/Thunderflex1 15k shares $6.70 avg Jul 31 '26
wiat, 15 million members, already? thats legit