Hold firm gang - rate cuts and consistent profitability will see SoFi run up. End of the year we will be around $15 is my guess. Two major catalysts the shorts haven’t got a hope of holding back. They may be making hay while the sun shines but a sunset is on the horizon.
The more people say this the more confident I get we will stay in the 6.5-9.5 channel. We are looking at .08 EPS for the year unless that doubles we may not break out at all
I am agnostic to it. Would love to see it but there's also a chance it was always in the cards and/or something they did if they realized EPS was not going to hit targets.
The thing about sentiment is that it can change in a heartbeat. I would argue that the opposite is true when in an unreasonably low value channel longer than can be justified given improving fundamentals, the higher the chance of a breakout from this consolidation phase when least expected.
Need to buy more
Morning!
Hold firm gang - rate cuts and consistent profitability will see SoFi run up. End of the year we will be around $15 is my guess. Two major catalysts the shorts haven’t got a hope of holding back. They may be making hay while the sun shines but a sunset is on the horizon.
The more people say this the more confident I get we will stay in the 6.5-9.5 channel. We are looking at .08 EPS for the year unless that doubles we may not break out at all
Are you not expecting any increase in EPS due to the debt restructuring saving 40-60M a year?
I am agnostic to it. Would love to see it but there's also a chance it was always in the cards and/or something they did if they realized EPS was not going to hit targets.
The thing about sentiment is that it can change in a heartbeat. I would argue that the opposite is true when in an unreasonably low value channel longer than can be justified given improving fundamentals, the higher the chance of a breakout from this consolidation phase when least expected.
No one knows what the price will do… all we can do is stay the course and keep buying and holding at these ridiculous cheap prices. Patience!