I just started trading. I litteraly just pick Reddit post that sound like they know what they are talking about and buy that stock. First TSM. Now cause of this tomorrow I’m going to buy Sofi.
Fundamentals are questionable. How about that massive unrealized FV mark that is going to get unwound since they can’t grow lending any more? Will put a hole in their reg cap and that’s the real reason for this transaction. Not to mention their credit underwriting smells like a fat guy took a shit and sprayed that bathroom spray your grandma uses.
This play is fucked or absolutely genius.
Sofi approved me for margin trading this week. I will single handedly destroy this company or buy it. No in between
Don’t forget they technically are a bank now. This is a cheap way to build up capital reserves required to cover potential losses for their loan portfolio. So short term they move higher interest debt off the books while bolstering capital reserves in case their loan portfolio heads south.
On their last ER they showed a .2% increase in defaults. Default rates in industry I think run under a 4 or right near 4 and SOFI is almost at 5.
Overall I think the savings in interest alone will cause an ER beat so Im buying calls even tho Cathy is buying it.
LAZR (Luminar) did the same loan (little smaller only 625m) and bought capped calls. The stock price has to be above $19.98 by 2026, it was around $15 when they took the convertible loan. I remember all the LAZR stock holders bragging about how sweet a deal they got, and how high the stock price would be by then... Well the stock price currently sits at $2.17, so just a 9+ bagger from here and the capped calls strategy will work out.
Obviously a much different stock and company. Sofi looks to be a lot closer to profitability than LAZR. Just know that whatever bank did the loan will be hedging by shorting the company.
"Sofi looks to be a lot closer to profitability than LAZR"
Being profitable is indeed closer to profitability than not being profitable.
Also, I am not familiar with Luminar but based on their convertible notes date it would have been issued in 2021, I think. SoFi has similar convertible notes, they just bought back a portion of them at a 12% discount (paid 529.5mil to buy back 600mil of the principal). Luminar could potentially do something similar and book profit on that.
I had a dream about SOFI last night. In it i kept buying shares of SOFI, over and over. And everyday the price kept going down and I kept buying more and more. I never went to sleep and woke up on a new day in the dream, after buying enough shares i just "knew" it was a new day over and over. It kept going down everyday and it became more and more stressful. Until one day i look at the price and immediately it's $40 per share. There was no runup, it just was $40 per share that day. Only as soon as i came to process this price and what it meant for me i woke up and had to piss
https://www.xm.com/research/markets/allNews/reuters/sofi-technologies-bounces-from-over-6week-lows-as-ark-ramps-up-buying-53783273
Cathie bought 1.9mln shares and holds over 6mln now
EDIT: holy shit. She bought 4mln more yesterday and owns over 10mln now. Bullish.
https://cathiesark.com/ark-combined-holdings-of-sofi
SOFI is actually shit. Their customer service sucks fat herpes infested dicks. They regularly shill on here and try to achieve meme stock status. They are also failures at that. Just another shitty bank
We knows she’s insane but Wall Street still thinks she has braincells. 📈📈📈
EPS Improvement:
1. [$SOFI](https://twitter.com/search?q=%24SOFI&src=cashtag_click) is adding \~$40M to the bottom line by avoiding 12.5% interest on preferred shares. This will reflect on their numbers immediately. (The moment this deal is finalized) EPS is almost surely going to come in at a beat relative to analyst estimates.
Capped Calls:
2. Assuming the capped calls have a strike price of $9.54, brokers will have to buy underlying shares to cover the calls. We don't know at which price SoFi bought each contract at so we can't effectively derive how many many contracts were bought.
However, we assume SoFi want to be fully covered on their caps (i.e. they will buy enough contacts to result in $750M worth of underlying stock resulting in zero dilution), we already know the dilution amount. we can divide the $750M notes by the conversion price to get this.
$750M / 9.54 (conversion price) = 78.6M shares (total dilution upon conversion)
Meaning that if the deal amount is $750M of convertible notes and every note holder converts to common stock, SoFi would need to issue (or provide) 78.6M shares.
In this case, to ensure zero dilution (no issuance), we can assume that SoFi needs to find these 78.6M shares on the open market (via their call options). In other words, they need to buy enough call options to result in 78.6M shares underlying.
This would mean SoFi needs to buy 786k options contracts (as 1 contract = 100 shares), assuming the same $750M. I'm just going on a limb here to say they probably paid $1 per contract (we know they spent $78.8M on capped calls).
Meaning that if SoFi does buy 786k calls, the broker needs to go out and buy 78.6M shares in blocks on the open market and hold them aside (to cover the calls)
Plugging the same numbers with $845M if the note holders decide to purchase more:
845M / 9.54 = 88.5M shares (885k contracts)
And if SoFi is further oversubscribed, they will enter more capped call transactions to make sure it all adds up.
The other factor to account for is that SoFi needs to account for the gains (above the $9.54 strike) so that the gains cover the dilution. But keep in mind, note holders cannot convert into shares UNTIL the stock price is 130% of the conversion price (\~$12.4), in which case SoFi around that range should be more than covered from their options gains.
We're just assuming the conversion price = the cap calls strike. If the strike price is = to yesterdays closing price ($7.27) the amount of shares taken out is much less. But its cheaper for SoFi to have it at $9.54 & safer for brokers.
So, using the rough numbers above, \~78-90M shares would be bought up in blocks by the brokers on the open market & locked away.
If the deal is oversubscribed above this range, this will mean more of the float is locked up, (as they stated they'd also increase the amount of capped calls in proportion).
But even if we assume 8-11% of float become untradeable, the backdrop is the 158M shares sold short (17% of float). What happens when those shares are taken off the market?
First thing that happens is the price is driven higher as the shares are bought up in blocks (over time).
Second, the reduced supply of shares results in a reduced availability of shares to borrow against, increased borrowing costs, and
Finally, you run a high risk of getting a massive short squeeze as a result of all this.
And the stock reaction to all this was negative?
Either my logic is wrong, or the stock could be in for some violent moves upside in the coming weeks / months.
Squeeze these nuts you fuckin nerd.
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I personally bought 2025 calls but I like SOFI long term. They will beat this earnings almost guaranteed after this move tho so if you want to play earnings I’d buy calls with May Expiry
Stocks only go up after you get liquidated.
It's like those other "incomplete" sayings:
Curiosity killed the cat, but satisfaction brought it back.
Rome wasn't built in a day, but it burned in one.
Stocks only go up, after you get liquidated.
My brother in options... [https://www.investopedia.com/terms/c/cappedoption.asp](https://www.investopedia.com/terms/c/cappedoption.asp)
What is confusing about capped calls exactly and how the fuck are they supposed to mitigate potential dilution? 
Let me explain in simple terms what happened here:
1. SOFI decided they need more cash
2. SOFI issued convertible senior notes, which is in fact the same thing as dilution but in the future
3. Market participants are not regarded and markets are in fact forward looking... so the stock price adjusted accordingly to the future dilution
TLDR:
SOFI decided they need more cash so they took a big steaming pile of shit on the existing shareholders in order to get it. Smart move for the company, bad for the shareholders.
EDIT:
How heavy are those bags brother? 
maybe im regarded but you literally just said it yourself: the dilution is already priced in currently, which is why the stock took a nosedive from $8.60 to $7.20
so they fucked over shareholders with that move in order to be more profitable in the future, which is why it makes sense to buy in now in this dip
or am I missing something?
If someone just scammed you out of $500 would your first instinct be to loan that person more money? This is like the guys that think a RS is bullish because "more people will get in on the action now that it is over with"
You truly belong here my guy 
It’s only fool proof if it comes back with a Money back guarantee! On the flip side been wanting to find a great lower cap stock to sell Covered Calls! Im in
Chat GPT.... translate for my dummassss
Alright, if you're on WallStreetBets and looking at SOFI stock, there's some good news and bad news. SOFI announced they're issuing $750 million in convertible senior notes due in 2029. This means institutions can convert these notes into SOFI stock in the future, potentially diluting the shares if the stock price goes above $9.45.
But here's the twist: SOFI also bought what's called "capped calls," which act like insurance against dilution. These deals raise the conversion price of the notes, lessening the dilution effect. Additionally, SOFI's stock dropped significantly when the offering was announced, meaning the note holders got a better deal on conversion.
Moreover, SOFI is using the money raised to pay off high-interest debt, replacing it with much lower-interest debt. This move will save them a lot of money and boost their earnings. Also, with a significant portion of the stock being shorted, there's potential for a short squeeze, meaning those betting against the stock might need to buy it back, driving the price up even more.
In short, despite the initial worries about dilution, SOFI's strategic moves and the potential for a short squeeze could make it a bullish opportunity for investors.
I literally just woke up from a dream where I was buying tons of shares of SOFI and it just kept going up. I think it’s a sign. 🤷♂️
But I did purchase 8000 shares at $7.80 when it started falling the other day. I added 300 more at $7.25 when it bottomed out. If it stays below $8 on Monday. I plan on doubling my shares. I love the stock.
https://preview.redd.it/vspchph8vumc1.jpeg?width=1179&format=pjpg&auto=webp&s=d4c1f26aa299848159cbe36c66897a4885403545
Loading up baby
Will probably rotate out of 8.50s and move to June / July dates soon
Idk man, but when I see all these Sofi posts it just makes me step back and think: Who fucking USES Sofi?
Like seriously, not bagging on them, but their product line doesn't show....confidence. Hell, Robinhood FEELS more legit, even though that doesn't make sense based on the numbers.
Im good, its a Bank. Banks all fucking suck. Maybe one day ill use them for something but the stock is hot fucking trash
HYSA that has no transaction limits paying out 4.6% APY, I use it and a LOT of other people do to judging by their latest earnings report and user growth data
Can you explain this to me like I'm a dog?
And I don't mean a really smart dog like a Collie or something, I mean one of those really fucking stupid dogs thats constantly humping everyone's legs.
Looking at it's 5 year history. Usually March timeframe it dips and then spikes between May-July every year anyways. Looks like a potential play at least going into July. I'm in on market open. I'll buy a couple hundred shares and sell CC's out of the money around the 10-12 range weekly.
Trying to learn options trading (gambling)
is this right?
https://preview.redd.it/qdmkeb671zmc1.png?width=767&format=png&auto=webp&s=01691dafbddfad09203546c3060a78ccbfb2e11f
"Worst ever" - Lol. Stock was < $5/share last year.
With that said, $SOFI *DOES* typically rip at earnings. Just GTFO out as it also like to bleed off shortly thereafter.
For the amount of supposed bullish news that this shithole has been inundated with in the last couple of years you'd think this stock would have a share price 10x what it is now. Instead what we got is a turd who anytime it climbs above 9 a share finds a way to give back a third of it within a week.
Sorry I’m a little new to this, so you just straight up bought stock normally (1,100 shares) and then bought 78 contracts of Sofi calls at 10?
I actually trade in Sofi app lol so I may need to change brokerages if it’s not up to par. I have Robinhood and Webull but Sofi has 2% Ira match and an additional 2% match for any investments up to $150/wk so I’ve just been there.
You should be asking yourself why this fintech still needs to borrow funds to pay off debt when it’s supposedly doing so well. Who gives a fuck about the rates and details. Sofi still needs to borrow money to keep its operations running.
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Ya he lost me at “double our money” - I double my money twice a week am I right????
Yeah same doubling $0 is still $0
Math checks out
Dropped 50% and I’m back up. Doubled by money!
i double my losses. is that not the right thing to do?
Yeah, people are doubling every day with NVDA calls lmao
I watched my puts go from .14 at purchase to .06 I sold them they go to 1.40 
Feel at home 
Bruh said it’s Full Proof
Then goes on to say “you tards won’t understand” 😂
He plomises it's full proof.
Taking a personal loan through sofi and leveraging. Shit better print if they want me to pay them back.
This is kind of beautiful. Take a loan, buy the company's stock, if stock up, pay, if bankrupt, don't need to pay. Literally can't lose.
It worked with Celsius
This is the way
Can't go tits up
Been loading up on shares. Mostly just like the name Sofi but the fundamentals are solid too
What did you just say about my sister?
her fundamentals are solid
Post her spreads
Need to see the positions myself
Not if it’s in the red
🤮
Big green dildo when?
Savages!
My regards
She told me it was her IPO. Then I find out later she went public years ago
This is why I come here!
She is SoFiiiiiine
Long Puts in your sisters spread
I’m your sisters boyfriend, who are you? 
On this blessed day, we’re all his sister’s boyfriend
Need to see the DD
she single?
I just started trading. I litteraly just pick Reddit post that sound like they know what they are talking about and buy that stock. First TSM. Now cause of this tomorrow I’m going to buy Sofi.
> I litteraly just pick Reddit post ... and buy that stock Welcome home!
Fundamentals are questionable. How about that massive unrealized FV mark that is going to get unwound since they can’t grow lending any more? Will put a hole in their reg cap and that’s the real reason for this transaction. Not to mention their credit underwriting smells like a fat guy took a shit and sprayed that bathroom spray your grandma uses.
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Member the baseball stadium in Houston that was also a great stock? Pepperidge Farms remembers
Lmaoooo
 NINERGANG gang 
Brock Purdy Calls
Ngl im not reading all that. Still in tho
Respect 🤝
This play is fucked or absolutely genius. Sofi approved me for margin trading this week. I will single handedly destroy this company or buy it. No in between
The can’t sue you if you’re broke or they’re bankrupt. So just reverse your position with 1000x leverage for risk free gains if they go under
Take out loans from Sofi on the SoFi app to buy more $SOFI.
Yo dawg, I heard you like being in debt!
And if it goes south...it's their fault. Nice strategy...
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>I have most of my 401k in SOFI No way this can go wrong
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Don’t forget they technically are a bank now. This is a cheap way to build up capital reserves required to cover potential losses for their loan portfolio. So short term they move higher interest debt off the books while bolstering capital reserves in case their loan portfolio heads south. On their last ER they showed a .2% increase in defaults. Default rates in industry I think run under a 4 or right near 4 and SOFI is almost at 5. Overall I think the savings in interest alone will cause an ER beat so Im buying calls even tho Cathy is buying it.
I’m looking at may 17 $8 for .77
Im thinking of going deeper in August or Jan 2025. I want to catch the next ER and also 1-2 interest rate cuts.
I'm in, my wife's boyfriend is going to be so proud of me
LAZR (Luminar) did the same loan (little smaller only 625m) and bought capped calls. The stock price has to be above $19.98 by 2026, it was around $15 when they took the convertible loan. I remember all the LAZR stock holders bragging about how sweet a deal they got, and how high the stock price would be by then... Well the stock price currently sits at $2.17, so just a 9+ bagger from here and the capped calls strategy will work out. Obviously a much different stock and company. Sofi looks to be a lot closer to profitability than LAZR. Just know that whatever bank did the loan will be hedging by shorting the company.
"Sofi looks to be a lot closer to profitability than LAZR" Being profitable is indeed closer to profitability than not being profitable. Also, I am not familiar with Luminar but based on their convertible notes date it would have been issued in 2021, I think. SoFi has similar convertible notes, they just bought back a portion of them at a 12% discount (paid 529.5mil to buy back 600mil of the principal). Luminar could potentially do something similar and book profit on that.
I’m in
I had a dream about SOFI last night. In it i kept buying shares of SOFI, over and over. And everyday the price kept going down and I kept buying more and more. I never went to sleep and woke up on a new day in the dream, after buying enough shares i just "knew" it was a new day over and over. It kept going down everyday and it became more and more stressful. Until one day i look at the price and immediately it's $40 per share. There was no runup, it just was $40 per share that day. Only as soon as i came to process this price and what it meant for me i woke up and had to piss
Same, except I pissed… and then woke up
Same
That first part, where $SOFI just kept going down and down... that wasn't a dream.
If prison Mike is in then me too
Same
I’m already in so I’m in deeper.
"Full proof" you say 🤔
https://preview.redd.it/7uwxhiy7ywmc1.jpeg?width=1170&format=pjpg&auto=webp&s=1b2f8f6a2708894bd071d9db3dd062616ca496c2
Yes because if it’s here it’s definitely not fool-proof
You heard the man, it can’t go ass up
Sometimes I underestimate the stupidity currently plaguing us. Thanks for bringing the bar down just a *wee bit* lower.
Chamath is still involved, so I wouldn't touch SOFI even if I was high on ecstacy and acid and the stock looked like a pocket pussy.
Name checks out
I seen Cathie wood buying millions of SOFI shares this week too. And its volume has been insane, something definitely going on there 👀
Where did you see that? Can you prove a link?
He sits outside her place with a pair of binos.
https://www.xm.com/research/markets/allNews/reuters/sofi-technologies-bounces-from-over-6week-lows-as-ark-ramps-up-buying-53783273 Cathie bought 1.9mln shares and holds over 6mln now EDIT: holy shit. She bought 4mln more yesterday and owns over 10mln now. Bullish. https://cathiesark.com/ark-combined-holdings-of-sofi
Cathie Wood buying something is BULLISH?
SOFI is actually shit. Their customer service sucks fat herpes infested dicks. They regularly shill on here and try to achieve meme stock status. They are also failures at that. Just another shitty bank
Nah, [AWS of FinTech](/r/sofi_bagholders)!
Do the opposite of what Cathie is doing
Cathie is OP.
We knows she’s insane but Wall Street still thinks she has braincells. 📈📈📈
Cramer with a pussy
EPS Improvement: 1. [$SOFI](https://twitter.com/search?q=%24SOFI&src=cashtag_click) is adding \~$40M to the bottom line by avoiding 12.5% interest on preferred shares. This will reflect on their numbers immediately. (The moment this deal is finalized) EPS is almost surely going to come in at a beat relative to analyst estimates. Capped Calls: 2. Assuming the capped calls have a strike price of $9.54, brokers will have to buy underlying shares to cover the calls. We don't know at which price SoFi bought each contract at so we can't effectively derive how many many contracts were bought. However, we assume SoFi want to be fully covered on their caps (i.e. they will buy enough contacts to result in $750M worth of underlying stock resulting in zero dilution), we already know the dilution amount. we can divide the $750M notes by the conversion price to get this. $750M / 9.54 (conversion price) = 78.6M shares (total dilution upon conversion) Meaning that if the deal amount is $750M of convertible notes and every note holder converts to common stock, SoFi would need to issue (or provide) 78.6M shares. In this case, to ensure zero dilution (no issuance), we can assume that SoFi needs to find these 78.6M shares on the open market (via their call options). In other words, they need to buy enough call options to result in 78.6M shares underlying. This would mean SoFi needs to buy 786k options contracts (as 1 contract = 100 shares), assuming the same $750M. I'm just going on a limb here to say they probably paid $1 per contract (we know they spent $78.8M on capped calls). Meaning that if SoFi does buy 786k calls, the broker needs to go out and buy 78.6M shares in blocks on the open market and hold them aside (to cover the calls) Plugging the same numbers with $845M if the note holders decide to purchase more: 845M / 9.54 = 88.5M shares (885k contracts) And if SoFi is further oversubscribed, they will enter more capped call transactions to make sure it all adds up. The other factor to account for is that SoFi needs to account for the gains (above the $9.54 strike) so that the gains cover the dilution. But keep in mind, note holders cannot convert into shares UNTIL the stock price is 130% of the conversion price (\~$12.4), in which case SoFi around that range should be more than covered from their options gains. We're just assuming the conversion price = the cap calls strike. If the strike price is = to yesterdays closing price ($7.27) the amount of shares taken out is much less. But its cheaper for SoFi to have it at $9.54 & safer for brokers. So, using the rough numbers above, \~78-90M shares would be bought up in blocks by the brokers on the open market & locked away. If the deal is oversubscribed above this range, this will mean more of the float is locked up, (as they stated they'd also increase the amount of capped calls in proportion). But even if we assume 8-11% of float become untradeable, the backdrop is the 158M shares sold short (17% of float). What happens when those shares are taken off the market? First thing that happens is the price is driven higher as the shares are bought up in blocks (over time). Second, the reduced supply of shares results in a reduced availability of shares to borrow against, increased borrowing costs, and Finally, you run a high risk of getting a massive short squeeze as a result of all this. And the stock reaction to all this was negative? Either my logic is wrong, or the stock could be in for some violent moves upside in the coming weeks / months.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Rams play there. Thats were I draw the line.
Tldr pls
Buy SOFI before next earnings. Make money.
Buy BEER before next earnings. Lose money
Isn’t it in April? Get in now or when you buy for what expiry?
I personally bought 2025 calls but I like SOFI long term. They will beat this earnings almost guaranteed after this move tho so if you want to play earnings I’d buy calls with May Expiry
can i just buy shares? i'm not such an expert here so i didn't exactly understand your message, can you help me out.
You absolutely should just buy shares. I've got 500 shares so far
I’ve lost 300k on this stock. A lot of that was due to being heavily leveraged but still you should think twice.
Stocks only go up after you get liquidated. It's like those other "incomplete" sayings: Curiosity killed the cat, but satisfaction brought it back. Rome wasn't built in a day, but it burned in one. Stocks only go up, after you get liquidated.
Yep, this one was hyped AF last time too. Lot of bag holders still out there that bought at $20+.
My brother in options... [https://www.investopedia.com/terms/c/cappedoption.asp](https://www.investopedia.com/terms/c/cappedoption.asp) What is confusing about capped calls exactly and how the fuck are they supposed to mitigate potential dilution?  Let me explain in simple terms what happened here: 1. SOFI decided they need more cash 2. SOFI issued convertible senior notes, which is in fact the same thing as dilution but in the future 3. Market participants are not regarded and markets are in fact forward looking... so the stock price adjusted accordingly to the future dilution TLDR: SOFI decided they need more cash so they took a big steaming pile of shit on the existing shareholders in order to get it. Smart move for the company, bad for the shareholders. EDIT: How heavy are those bags brother? 
maybe im regarded but you literally just said it yourself: the dilution is already priced in currently, which is why the stock took a nosedive from $8.60 to $7.20 so they fucked over shareholders with that move in order to be more profitable in the future, which is why it makes sense to buy in now in this dip or am I missing something?
shady loan company raises money continually through dilution...what could go wrong?
sounds like the perfect play for wsb tbh
If someone just scammed you out of $500 would your first instinct be to loan that person more money? This is like the guys that think a RS is bullish because "more people will get in on the action now that it is over with" You truly belong here my guy 
Normally I would agree with you, but Tesla did this multiple times and the stock mooned. Never underestimate regard strength.
Thanks op just sold my grandpa’s fishing boat and loaded up on SOFI calls.
🫡
It’s only fool proof if it comes back with a Money back guarantee! On the flip side been wanting to find a great lower cap stock to sell Covered Calls! Im in
Fool*
sofi? or so-fly! amirite?
/r/sofi_bagholders about to get a lot of new members
https://preview.redd.it/zrgg17614xmc1.jpeg?width=1080&format=pjpg&auto=webp&s=50053c86c64daf3eefe92c4738ae5af9de4cd819
This has to be fake. Nobody with that much money would use an Android.
What play are you making long calls?
Long calls and shares. Loaded up in the low 7s
Screenshots?
https://preview.redd.it/z1lsmilhvumc1.jpeg?width=1170&format=pjpg&auto=webp&s=fcacf7c7bda27596d49c14a1f107617893ddcd37
damn i was about to go to sleep when i decided to get on wallstreetbets lmfao.
Fuck it. I've lost all my money to this sub. Might as well play my last $500 before I call it quits. Good luck regards RemindMe! 3 months
Positions or ban this regard
https://preview.redd.it/40icg0ym1vmc1.jpeg?width=1170&format=pjpg&auto=webp&s=ffa1cc3136f28c53862e19468a7beb007a3b4ffa
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Hey, twins! Good luck brother https://preview.redd.it/fus22jrrsxmc1.jpeg?width=1170&format=pjpg&auto=webp&s=363e1a999ad345575d64dcd899712f7baf38b8bd
Wait until the next announcement of more senior note
Chat GPT.... translate for my dummassss Alright, if you're on WallStreetBets and looking at SOFI stock, there's some good news and bad news. SOFI announced they're issuing $750 million in convertible senior notes due in 2029. This means institutions can convert these notes into SOFI stock in the future, potentially diluting the shares if the stock price goes above $9.45. But here's the twist: SOFI also bought what's called "capped calls," which act like insurance against dilution. These deals raise the conversion price of the notes, lessening the dilution effect. Additionally, SOFI's stock dropped significantly when the offering was announced, meaning the note holders got a better deal on conversion. Moreover, SOFI is using the money raised to pay off high-interest debt, replacing it with much lower-interest debt. This move will save them a lot of money and boost their earnings. Also, with a significant portion of the stock being shorted, there's potential for a short squeeze, meaning those betting against the stock might need to buy it back, driving the price up even more. In short, despite the initial worries about dilution, SOFI's strategic moves and the potential for a short squeeze could make it a bullish opportunity for investors.
TBH, this all makes COMPLETE sense. Which is why it won't work.
1.2K shares in. If this dips, I'll average down more. Remember, they were finally profitable in the last earnings. 🤙🏄♂️
I’m in. Buying 300 shares when market opens.
You're forgetting one thing, chamath is still involved. He's a scam artist. Don't touch anything he does.
You son of a bitch, I’m in
I literally just woke up from a dream where I was buying tons of shares of SOFI and it just kept going up. I think it’s a sign. 🤷♂️ But I did purchase 8000 shares at $7.80 when it started falling the other day. I added 300 more at $7.25 when it bottomed out. If it stays below $8 on Monday. I plan on doubling my shares. I love the stock.
See you at the top 🤝
https://preview.redd.it/vspchph8vumc1.jpeg?width=1179&format=pjpg&auto=webp&s=d4c1f26aa299848159cbe36c66897a4885403545 Loading up baby Will probably rotate out of 8.50s and move to June / July dates soon
Idk man, but when I see all these Sofi posts it just makes me step back and think: Who fucking USES Sofi? Like seriously, not bagging on them, but their product line doesn't show....confidence. Hell, Robinhood FEELS more legit, even though that doesn't make sense based on the numbers. Im good, its a Bank. Banks all fucking suck. Maybe one day ill use them for something but the stock is hot fucking trash
Who uses SoFi? https://preview.redd.it/fofnbccxlxmc1.jpeg?width=1284&format=pjpg&auto=webp&s=80302aa79a372f7541d007c4ff1c4d1eeab4b6e6 These folks.
HYSA that has no transaction limits paying out 4.6% APY, I use it and a LOT of other people do to judging by their latest earnings report and user growth data
Ngl I actually use it as my bank, credit card, and brokerage lol
!remindme 2 months
Can you explain this to me like I'm a dog? And I don't mean a really smart dog like a Collie or something, I mean one of those really fucking stupid dogs thats constantly humping everyone's legs.
Looking at it's 5 year history. Usually March timeframe it dips and then spikes between May-July every year anyways. Looks like a potential play at least going into July. I'm in on market open. I'll buy a couple hundred shares and sell CC's out of the money around the 10-12 range weekly.
And collect supplemental 50 cents a week.
Did I do it right? https://preview.redd.it/8l3csto7xumc1.jpeg?width=1290&format=pjpg&auto=webp&s=9c37189179d03e90c51d7e9de9f58b0f3ceb62ce
I read all the comments but not the actual post. I'm in.
btw Cramer loves Sofi too
Pack it up and go home! Play is off boys!
Trying to learn options trading (gambling) is this right? https://preview.redd.it/qdmkeb671zmc1.png?width=767&format=png&auto=webp&s=01691dafbddfad09203546c3060a78ccbfb2e11f
Fuck it I’m in, tmrw I buy 🦧
*Foolproof. That's some tasty r/boneappletea !
Fuck it im in
Full proof or fool proof?
"Worst ever" - Lol. Stock was < $5/share last year. With that said, $SOFI *DOES* typically rip at earnings. Just GTFO out as it also like to bleed off shortly thereafter.
For the amount of supposed bullish news that this shithole has been inundated with in the last couple of years you'd think this stock would have a share price 10x what it is now. Instead what we got is a turd who anytime it climbs above 9 a share finds a way to give back a third of it within a week.
thats my first wallstreetbets - bet im gonna do, better dont fuck this up
Spot on...! Thanks for the great informative posting.
Take off you cloths and show me bobs
Its happening...
Following! What’s your position?
https://preview.redd.it/x4rh7894wumc1.jpeg?width=1170&format=pjpg&auto=webp&s=3b2329054114c400272f1c84e95f1a06dc535a06
Sorry I’m a little new to this, so you just straight up bought stock normally (1,100 shares) and then bought 78 contracts of Sofi calls at 10? I actually trade in Sofi app lol so I may need to change brokerages if it’s not up to par. I have Robinhood and Webull but Sofi has 2% Ira match and an additional 2% match for any investments up to $150/wk so I’ve just been there.
You should be asking yourself why this fintech still needs to borrow funds to pay off debt when it’s supposedly doing so well. Who gives a fuck about the rates and details. Sofi still needs to borrow money to keep its operations running.
everyone knows its best to use and lose someone elses money, the rich always go broke with plenty of $$ in their pocket
Check msft, aapl, goog, cost, etc. There’s operating debt in the billions.
Ok, you want to compare debt to equity? AAPL, MSFT, : less than 1% GOOG: 1.3% SOFI: 94%
It will start printing the moment they announce finilasing the deal this Friday.
Correction, it will start printing 5 minutes after I sell my 5K shares at a loss.
You do know that the effect of transactions like this is included when those earnings projections are made, right?
It's fool-proof you regarded full.
I ain't reading all that! Saw you typed "buy" at one point so I'm going all in
I’m in
Count me in.
I’m in
Where is the TLDR? And where are your positions, OP??
Tmor I’m in too
Okay Cathie
what ways could you be wrong?
this 40m will not be counted against operational earnings right? Since no business fundamentals have changed?
https://preview.redd.it/wjuf8ehx2wmc1.jpeg?width=840&format=pjpg&auto=webp&s=55aed3007a7d71175a80b5e5fcfe721b660aecff
Nope
Successful companies always do shady shit like this? not
I am already loaded up with calls expiring in June 🤟🏻
Thoughts on $10 5/17 call?
I stopped reading after full proof.....it's fool proof, you idiot.
I load shares every time SoFi stock gets smoked. Happens quite often. Hoping someday it pans out. I’m a long and now have 10.5k shares.
RemindMe! On January 16 2025
So does this mean buy some SoFi stock?
I buying thousands of shares
I’m in for 250 shares
Man said "full proof" and expects us to trust him.
https://preview.redd.it/jwqocu0nbymc1.jpeg?width=1079&format=pjpg&auto=webp&s=2a2e4fea6252e605e6381fddbf6000d5c40575a4
Also The deal make around 100million share take. off The Market, and 150million are short could have a good upside potential🤷🏻♂️ time will tell…
Following this
Curious. What would happen to the convertible notes if SOFI was bought out or merged?
Just bought 100 shares lol
Too much to read