SoFi ($SOFI) stock price has dropped to the $6s from a previous high of $9.15, with predictions of reaching $6.42. Investors express mixed sentiments, with some considering it a challenging short due to negative momentum and quality. Despite being long on SoFi, some suggest selling before a show for a profitable trade.
As you all know. I’m #Long $SOFI But if you sell prior to the show, it’s usually a good trade. Buy em back lower 30 min after next days open. Like clockwork Just sayin’ Jim’s kiss of death! 😘 💋 💀 📉 https://t.co/oMgT6l5h9a
'Why shorting is hard... Asymmetry Only 100% upside Markets subject to non-linearity Position grows if you're wrong New business models often hard to perceive Markets do crazy things Markets have tendency to go up Obvious shorts produce strongest conviction 100 Baggers exist…
SoFi broke thru $7 SoFi has negative momentum, negative quality, and is expensive It’s the opposite of the factors you want: momentum, quality and value Marry a bad factor pattern with an idiosyncratic view (eg, research the stock) and then you might have a successful short… https://t.co/hW096XxU3I
SoFi broke thru $7 SoFi has negative momentum, negative quality, and is expensive It’s the opposite of the factors you want Marry that factor patterns with an idiosyncratic view (eg, research the stock) and then you might have a successful short strategy Shorting is still… https://t.co/hW096XxU3I
Man, $SOFI trades like a giant turd! Truth hurts! Hate if you want. I am also very long too. I am not a #Short either. Not even at a level to sell premium! #TURDS https://t.co/mebfMZ7koa
$SOFI is there in the $6s as promised. From my call at $9.15 when I said go short to $6.8 - 25% lower Should get to $6.42 https://t.co/RN1FokmZR5 https://t.co/VWAMNHvHS3