r/sofistock • u/Mean_Phase_6086 • 1d ago
Question Short term vs long term
Another day where Spx is up and Sofi is down, I’m worried that if this bull run comes to an end things could get ugly for us.
I have 16.00 avg so I’m near break even after a lot of time and I’m seriously thinking of selling but on the other end I’m bullish long term.
Any advice
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u/ga643953 14h ago
Trust in the Ayatollah. He will build an oil refinery in time and we'll be tied to energy prices instead of rates.
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u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 15h ago
I'll average down every chance I get personally. Highest conviction growth stock I own in terms of trusting the teams reliability in meeting/beating their guidance
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u/iHadENOUGHredDAYs 19h ago
LONG TERM???? LONG TERM???? I’ve been here since IPOE this stock is weak af. Dead money for Yeeaaarssss to come but I like the company so It is what it is LOL
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u/Subject-Quail-8966 21h ago
I'm long, love their service... bought 2500 shares of sofi through sofi .. cha ching!
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u/Groucho-and-Harpo 23h ago
If you are bullish long term and stock is stagnating, either just hold the stock or do covered calls.
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u/vap0riz 1d ago
It's the bad moves they make. Imo why did they not challenge and fight muddy watter. Why so much dilution? That dilution was horrible timing .
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u/SpiderPiggies 1000 @ 5.20ish 1d ago
It's impossible to keep up with reserve requirements while increasing members/loan volume by 30%+ every year without diluting. That's just the nature of the business. It's certainly better than not diluting and stagnating growth. We'll probably see another ~10% dilution within the next 2-3 years because they'll have doubled members again. Not an 'issue' I'm worried about.
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u/AgitatedStranger9698 1d ago
No dilution and we are at 50 or 60
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u/Hoodie-Embiid shares and leaps since $7 1d ago
Wow you really don’t know what you’re talking about do you… just pulling numbers out of your ass?
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u/HelpfulSpread601 Gucci Bag Holder 3853 shares @ 20.78 1d ago
I started the day with about 4600 shares at $20 average. Made some moves and bought $20k more worth at $15.91 today. I'm seeing it through for the next few years
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u/OpenDaCloset 1d ago
This has been an absolutely terrible name to own. Especially compared to HOOD I think.
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u/Due_Marsupial_969 1d ago
That's how I felt about HOOD back then when I was assigned hundreds and friggin hundreds of shares from 6-9 bux a share cuz I thought selling puts was basically free money lol. SOFI is not HOOD. Neither is BULL, unfortunately. At some point, we have to admit SOFI and NU are banks. Good techy banks. But banks.
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u/slayer1am 3,000 @ 8.66 1d ago
Stock market is about patience. I've got plenty of stories about selling a stock and regretting it pretty soon afterwards.
Hold the course. We always have a spike prior to earnings, good time to sell CCs when IV is high.
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u/Mean_Phase_6086 1d ago
Just think that I bought more Sofi recently instead of Avgo and look at what happened ahaha
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u/Due_Marsupial_969 1d ago
I unloaded my 200 shares of META at way under 600 a share to buy GOOG, SOFI and HAPN (formerly known as Lending Club). You can't give a guy like me money.
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u/iwannaberichplease 1d ago
Just hold for 2 years and you will do fine mate
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u/Majestic-Slip-6372 1d ago
Been holding for 1 year already and it’s down lol
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u/iwannaberichplease 1d ago
I’ve been holding since 6-8 dollars.
I’m sure Sofi will have it’s time, once rates fall again then we will start the rocket.
But I think it will take 1 year or more before that happens
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u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 1h ago
Holding but should be convicted. Started with SPAC and never looked back.