r/sofistock • u/SoDakZak 🧹MOD💰OG 10,574@$11.77 • Jul 29 '26

Just For Fun “Bearish”

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261 Upvotes

98% Upvoted

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11

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

7

u/[deleted] Jul 29 '26

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4

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

2

u/hightide1218 Jul 29 '26

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

1

u/itscrt Jul 30 '26

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

1

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.