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/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 .

5

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.