950 shares 11.57 average. I definitely should of bought alot more in the 5 neighborhood. This company gets alot of hate from the big boys in the financial sector and that's because its going to disrupt the financial sector and take away alot of customers from big name banks.
@muradshawar10 ай бұрын
if I trim any it would be at 30$ which I Fully expect them to hit in 5 years from now . LONG SOFI GROWTH MONSTER .
@erinwallborg22909 ай бұрын
Ouch
@ultimatepig67123 ай бұрын
Hahahaha😂😂😂😂😂😂 it’s $6
@TerryCollinsP31Lifestyle Жыл бұрын
Thanks for video. I’m treading lightly with SOFI but because of this video, I’ll buy more shares. Thanks for the details in this video.
@quaterman1270 Жыл бұрын
yeah sure, like he predicted for CLOV
@quaterman1270 Жыл бұрын
he said the same about clover health and then sold everything with a loss, eventhough nothing changed for their business. I would not trust the pumps of that dude
@ChemicalReactionMan Жыл бұрын
Bag holders unite
@fonz_g_160 Жыл бұрын
So short sell it then 🤡
@sportbikeguy9875 Жыл бұрын
i bought at 4.70, but ive followed sofi since its spac IPO, watched all the people on wallstreetbets fight about lol, so i couldnt help but laugh
@lesgrossman9492 Жыл бұрын
If you believe in the business then it isn’t bag holding. It’s a long term play. I won’t sell, only add more shares when pull backs happen.
@BeautyOnEarth Жыл бұрын
how about 2.5 years chart? I am down more than 50% at current price
@lesgrossman9492 Жыл бұрын
I’m up 70% at current price
@HealYourBodyandMind Жыл бұрын
I like how you breakdown analysis with real examples and future potential
@sonofguruve10 ай бұрын
This seems like a cool company to work for too.
@drjsantos15able Жыл бұрын
Check back in 2030 when it's $50
@gandalf6878 Жыл бұрын
The key "feature" of SOFI could be Galileo, disruptive fintech solutions. The counterpart of the Galileo platform seems to be Marqeta. I think this platform which can simplify the banking stuff for the customers will gain an advantage over other financial companies. I will continue watching how Marqeta/SOFI will change the banking sector.
@Franco-kn6ei11 ай бұрын
I brought stock that Chamath Company owe on Robinhood and the stock disappeared what happened?
@amanzaildar19901510 ай бұрын
Then what happens afterwards?
@elioperaal Жыл бұрын
At what price did you buy SoFi?
@FinTek Жыл бұрын
Around $5 a share
@thetwinbrothersemoji3510 Жыл бұрын
All this guys trying to pump these stock this is the same guy said TSLA will be 1500$ 😒😒
@heinzyketchupy4175 Жыл бұрын
Chamath SPACs haven’t done shit except for SOFIs potential
@normandrental2695 Жыл бұрын
Why does it still not have a positive earning? When will their earning be positive?
@FinTek Жыл бұрын
They are still losing money on Financial Services, but they have become operating income positive for that sector - meaning now each new product they sell is profitable. It's now a question of "Can they sell enough products to cover their fixed costs?" and how long that will take
@RacksonRacksonRibss Жыл бұрын
@@FinTekI’m not sure that really answered his why
@jcolespartan Жыл бұрын
JP Morgan recently increased their position (less than a month ago) by $50 million.. (5 million shares) increasing their holdings by 52%.. view 13F
@ajj53 Жыл бұрын
Cheaper private loans ?? Explain
@howardpratt7962 Жыл бұрын
Didn’t they spac merge at 10 bucks? This has only hit 11 once and it was for like a day
@kane99560 Жыл бұрын
In the last year, yes. It's been in the 20s 2-3 yrs ago.
@Sauwce_ Жыл бұрын
🤫
@trent1615 Жыл бұрын
Never focus on the share price that’s even more important for growth stocks pay attention to what the company is doing. Good luck.
@howardpratt7962 Жыл бұрын
@@kane99560 that’s technically true
@-0909 Жыл бұрын
Great video. I like the SWOT technique. COO of Twitter could also be a weakness. Twitter was never profitable. Twitter ballooned to 8k employees, now down to 1.5k and will be cash positive this year. Question is why not when Noto was COO?
@MTtroutfisher406 Жыл бұрын
Interesting thought. He was CFO at the NFL and they are profitable. I wonder if the internal issues at Twitter prevented the management from functioning well. Didn’t think of that, thanks!
@FinTek Жыл бұрын
Great point!
@justinwilliams9228 Жыл бұрын
It’s a trap. Inflation is not over. 3.8 next months. Sofi is going to struggle the next 3 months. A lot of unpaid loans. People expecting stimulus checks next month I doubt they will pay off debt
@fonz_g_160 Жыл бұрын
If, If was a spliff we’d all be high af.
@parkerpkthn Жыл бұрын
Maybe although all the student loans are from 700+ credit score population. This means logically their defaults should be lower.
@justinwilliams9228 Жыл бұрын
@@parkerpkthn no way 700 plus credit score.
@RacksonRacksonRibss Жыл бұрын
@@justinwilliams9228 Yes it is. Anthony Noto discusses this. I think their median is around 730 or 740 for the whole portfolio. Their literal bare minimum on personal loan approvals is 680 so yes most of their clients are over 700 - especially in the student loan segment as they target those with advanced degrees more aggressively. This is part of how they differ from other consumer finance type companies.
@AXJ23 Жыл бұрын
Wrong, you have to be qualified just to join SoFi. You can't be broke and join.
@parkerpkthn Жыл бұрын
I own alot of this stock. It has underperformed. As you point out one of the biggest threats is larger brand competition. This is the single biggest problem.
@seagame2001 Жыл бұрын
show us your portfolio that you hold SOFI otherwise I think you try to pump this stock up
@Jahremy Жыл бұрын
I think he showed, in the begining of the video, where he held almost 2,000 shares of the SOFI
@OhthatsEin Жыл бұрын
super helpful seen its been going down and got worried but its cheap and time to buy!
@senciddimisin7 ай бұрын
So nothing happened in last 7 months, looks like this video aged well lol
@tropik5724 Жыл бұрын
omg so many youtubers are promoting Sofi maybe its time to sell LOL
@Porformer Жыл бұрын
Will Double...but No more
@roysmith8071 Жыл бұрын
Good break down. Vid title had me worried. First instinct was to see how much i can get on covered calls and try to get out.
@roysmith8071 Жыл бұрын
Just learned that Jamie demon bought 5+mil shares of sofi
@artfquinn10 ай бұрын
SoFi is still dead. But replace SoFi with Affirm, you may be right.
@Agent77X Жыл бұрын
Its is going down again!😮 Smart Money is putting a short position on it!😂
@hirokusaikaru66246 ай бұрын
Isn't Chamath Palihapitiya the pump and dumper?
@dryden28 Жыл бұрын
I'm staying away from sofi for the next 6 to 11 months
@oneshot3216 Жыл бұрын
Great story
@dfrg0026 Жыл бұрын
What happened to Data Dog... seems like we should take that dog out back with a shotgun
@BeginnerBowler300 Жыл бұрын
Bought 20 sofi for 10 dollar. Now worth 8.. selling at 15 if it ever goes there...
@benroberts9995 Жыл бұрын
High roller
@aradagebeya11 ай бұрын
Gangsta
@mikiedice10 ай бұрын
Horrific Fundamentals and declining cashflows y/y. I'M OUT!
@dereks66 Жыл бұрын
I own SOFI, but don't trust Chamath and promoting him only hurts your channel.
@tropik5724 Жыл бұрын
True
@SoCool2024910 ай бұрын
@@tropik5724 why?
@radar04127 ай бұрын
This video didn't age well.
@riverdogsavioroftheunivers978 Жыл бұрын
This guy makes a living off deceiving people
@batman9418 Жыл бұрын
Why? Elaborate. He said all the facts. Where is the deception?
@ericmodernel9205 Жыл бұрын
Holding this garbage over 2 years ..
@sanj71 Жыл бұрын
I don't believe him but remember AMD used to be $2 share 5yrs ago. Look where it is now. I sold DKNG at loss but now it's double since then.
@ciscooooo622 Жыл бұрын
They r so low rn
@theshapeexists Жыл бұрын
Do you have any clue how many times apple lost 60% or more of their stock value? Think long term. Investing is a long term game.
@voltron6953 Жыл бұрын
It's going under!!!! 😂 don't buy this crap
@Alex-zz6bh Жыл бұрын
thata temporary , are you scared? investing is not yours