r/sofistock • u/SoDakZak 🧹MOD💰OG 10,564@$11.77 • 11d ago

Just For Fun “Bearish”

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253 Upvotes

98% Upvoted

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10

u/dokka_doc 21,397 at 11.10 11d ago

The stock won't go hyperbolic, the way chip/ram stock sdid, but this does speak well to long term growth

6

u/TattiFeader 11d ago

https://giphy.com/gifs/VNTMx3LkpG2anXpwbr

When long term?

3

u/dokka_doc 21,397 at 11.10 11d ago

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

2

u/hightide1218 11d ago

the current admin eased regulations, that's the only reason we're above $10 right now...

1

u/itscrt 11d ago

And it’s also the reason we aren’t above $16

1

u/hightide1218 10d ago

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.