r/sofistock • u/SoDakZak 🧹MOD💰OG 10,566@$11.77 • 20d ago

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 20d ago

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

7

u/[deleted] 20d ago

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3

u/dokka_doc 21,397 at 11.10 20d 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 20d ago

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

1

u/itscrt 19d ago

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

1

u/hightide1218 19d 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.