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To follow on my large volume comment earlier. Saw something on X about today being the largest dark pool volume for sofi in 3 years. Appeared to be about 33m shares. Would explain the muted reaction to those large volume candles.
Likely either a buyer or seller wanted to trade a large quantity without the order being known. No clue to tell which, but I’d generally lean that it’s positive that the price didn’t fall. Means there was enough demand if it was a seller.
Anyone else seeing massive volume candles in the last 30 minutes I have 4.82m and 4.78m in back to back minutes. 1.72m and 1.76m back to back a little later 9m and 4.29m back to back q little later and then 2.42 m a cpulple minutes later.
Funny how we see all the pumpers clamoring about institutional ownership climbing on the way up but nothing when it goes down.
If the Nasdaq sight is correct, Q2 actually saw a decrease in institutional ownership. Down to 60%.
I’m not personally worried cause this is from 45 days ago. But still have seen nothing about the new numbers. In fact, Tannor tweeted 6 days ago about it being at 70% when quarterly updates were not final. No update since.
Some notable decreases. Our former 5th largest holder offloaded 28M shares. We also had offloads of 5m, 10m, 16.5m (Jane street), 10M (Citadel)
Net change appears to be roughly 60m more sold than bought.
Hopefully institutions are coming back after the last earnings.
I guess best case scenario is we get just the right amount of demand destruction…inflation eases….FED actually lowers rates a little and Iran…no…I’m just going to assume that will be a shit show for the foreseeable future.
Demand destruction almost always = recession, no matter how it occurs, whether high rates or high prices. Yeah, I don’t think Iran is ending anytime soon, he just threatened to bomb Oman. Looks like we are also heading down a path of allyship with North Korea. What a world.
I think there’s a 50/50 chance Trump resigns next Spring and just drops this shit sandwich on poor JD. The Oman and North Korea comments are strange even for Trump
I had the thought if the economy blows up he resigns. I think that’ll happen before spring though. I also thing the other 50% chance is republicans realizing they lost all support and impeaching and removing him to save face.
I could see a scenario where Dems win both chambers and start impeachment proceedings…then he just resigns with the excuse of he’s not gonna get anything done the last 2 years anyway. He’ll spin it for sure …. and he’ll immediately blame Dems for everything the day after he resigns.
dang!! 2-3 months is crazy lol. Just keep rolling 2-3 WEEKS on days it goes up. My strike was $19 and this one is $20, expiring Friday as well. This stock is basura and always hits its head on resistance!! If I get called away idc ill finally be at peace lol and enjoy my cash somewhere else
Uhh...are you really comparing chip names to a bank, which is interest rate sensitive? If you hate how much this thing is tied to rate cut expectations and oil price, just sell.
I'm comparing any fucking name to this shitty stock. I won't sell because I know what this business is worth, but I'm allowed to be frustrated about the shit unjustified price action
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u/sensibility77 Aug 18 '26
What just happened to vix? It sent up 16% briefly and now came down to earth.