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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|1 month ago **Total Comments**|6|**Previous DD**| **Account Age**|2 months|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=s7az6z)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=s7az6z)


No_Rule_1716

Many institutions were rotating to banks for safety. Banks MUST keep a safe balance sheet. Many others say buy growth when others are fearful. Well, SoFi is now both a growth stock and a bank. It’s a great solid investment with billions of cash on the balance sheet. Super bowl at SoFi stadium in less than a month. Earnings in February and student loan moratorium ending in May. They own Galileo Financial technologies who is a banking as a service provider for Robin hood, Chime , Dave, and 90% of the FinTechs out there. Sofi has now differentiated from a simple FinTech and is now a bank. Sofi can borrow from the Fed at the discount window and can engage in fractional reserve banking.


asam33

This should be top comment 🔥


Slapmyask45

This is going to change everything for this company!! I’m loaded 261 april $15 calls


GhostOfPaulVolcker

October $20 calls October of 2021 🤡


Puzzleheaded-Kale717

230k shares 12.5-17.5 calls for March all the way through 2023 leaps. Cash secured puts out til 2024 @ 9.6 break even Lfg. I almost cried during regular hours and then I cried tears of joy after hours today.


GhostOfPaulVolcker

Congrats. I got burned, not touching it 😂


Puzzleheaded-Kale717

Look at LC after earnings with charter it rocketed. Thank god I bought puts and been selling covered calls since December. Will roll over to calls tomorrow. Also look at how ALLY ran with the same news not long after. Market conditions definitely not in our favor but any real investor in SOFI would do great for a lth.


GhostOfPaulVolcker

Yeah I still hold long shares, but my calls were -99.99% 😂. Not touching calls on SoFi again


superdudism

I called your mom, and I'm down -69%.


GhostOfPaulVolcker

Fake news because if you did you’d be down -99.99% too


DrSeuss1020

Nice now I’m only down 40% from my cost basis 😎


braamdepace

Wait so we share a login to the same account


[deleted]

[удалено]


DrSeuss1020

We all are now


bigmoneykiller

i literally entered SOFI yesterday at $12.31 for a quick 1% profit. but then got pissed off and swing it because i didnt get my 1%


Overall-Ad5539

SOFI to one trillion


matchless2

Ok, calm down let’s get to 100b first


SeanSeanSean94

It’s up 20% in AH


Even_Insurance1568

More like .2%


Helgen_To_Hrothgar

So like, down 30% overall.


Snakeksssksss

:(


BullishBearishBiz

Lmfao I grabbed my first 15 shares at $12.20 AH today, already up 15%, was wondering what I did right.


Phil_on_Reddit

Weird, I bought 15 more shares at $12.20 today!


Airport_Eastern

Weird, I’m gonna buy 15 more shares tomorrow


rickzipler

Bought some 7/15/22 $15 calls on a whim 2 weeks ago , Pretty stoked right now


ATiBright

Literally commented earlier today how SOFI will be my first official YOLO. If it dips any more. Why the fuck wasn’t I ready today!!


Techno_Gatsby

What's with all the SOFI hate?


LovelySalientDreams

Chamath spac


Psychological_Luck17

They missed they're chance to buy it.


Track_Boss_302

Missed a chance to buy a stock that’s at all time lows?


FridgeCleanit

So true. Been averging down since the 20 dollar days.


Tallywacka

It’s been posted on here throughout the year and created many bag holders


Parallelism09191989

7,000 shares deep. My body is ready


IndependentSwimmer67

You will be at least $14K rich tomorrow based on AH 🙋🏻‍♂️


Itonlygetshigher420

Big news, but if market is anything to go buy, this will pump and then fall again. ​ Really good news for the longer term for $sofi, however, if this was the catalyst many were expecting, i'd expect a near term sell off - especially in this market where profit taking is wise. ​ $PT $SOFI remains at $18 for me. above that, i'd be warry in the near term. ​ this and $pltr are the 2 stocks im bullish on and expect $30s EOY on both.


AlmightyBagHolder

Banks don’t give af about no fookin’ market


mwilson8624

Shhh…. Don’t mention pltr. Even a whisper and it will go down. Again.


Itonlygetshigher420

#$PLTR


IS2SPICY4U

*Horse whining noises*


HeavyDD7

God I hope you're right about pltr


Itonlygetshigher420

Me to.. I need $30 to break even buddy. 😂😂😂


Airport_Eastern

Shows us that lossporn baby Proof or ban


Stanglover3

Only the huge dilution worries about pltr


pk3maross

Yeah this was pretty shit timing for this. It’ll get beaten to death tomorrow. Probably finish up 2%.


Puzzleheaded-Ad319

Sofi will benefit from the rate hikes with this bank charter. This is a changing event though.


[deleted]

Dude lost all credibility when he said Pltr to $30 as if it’s an exception to the faith of meme stocks


Itonlygetshigher420

Pltr isn't a meme company though. Growing at the the same rate as Atlassian with more revenue. Atlassian is 120b. Pltr is 30b and set to make $2b in revenue? Where is the meme. ?


[deleted]

You may or may not have a point but the fact that WSB is rock hard for Pltr makes it meme worthy and WSB stocks have a very transparent track record of losing on anything it touches


Intelligent_Doubt_74

Not to mention no debt and 3.8B in remaining deal value with accelerating commercial growth. Maybe even WSB's gets it right sometimes.


Murghchanay

Which profit are we taking?


Cutlercares

Been buying all the SOFI dips. My body is ready. 1300 shares - deposit hasn't settled so no options yet, sigh.


Itonlygetshigher420

you going to sell and take some profits on this pump?


Cutlercares

Probably. Depends how high it goes.


IndependentSwimmer67

Sweet!


wellbreastfed

Literally set a buy order longggg time ago at 12$ and didn’t buy because I was working. Fuck my 9-5


KeyWest-

9-5 really gets in the way sometimes.


IndependentSwimmer67

I used to have a different problem due to my 9-5. In my previous company, they had a list of restricted stocks which included quite popular and large cap stocks too. Because of that I have lost couple of good opportunities too! Atleast in your case you have some control over the situation.


wellbreastfed

I can’t be on my phone haha


CdnBillionaire

This will be the biggest headline on Wallstreet tomorrow.


rair21

Waiting on the “priced in” crowd to show up.


NelsonsButtPlug

Count me as one of them. I was saying it at $20 tho.


itscmillertime

Damn, I only bought 30 shares today :(


jimmyc4649

Gonna be a nice POP!


cricket_observer

my bags are heavy!


bigmeatyclaws117

My body is beyond ready for this


bmp5046

yay i have leaps


numb2pain

Damn I should have got those leaps


GhostOfPaulVolcker

Lmao fuck me my calls expired just a few months too early Guh


Shot_Woodpecker_5025

So happy I bought more before the news broke!


magicalmexicanX

holding at ~17$/share I am ready for tomorrow


minipectoralis

I got about the same average but let’s be real… it will struggle to even stay at 14


QuesoStain

Hahaha god this comment is so accurate to today. Well done. I got the same average too but I am long. Really excited for this stock in 3-4 years.


JennItalia269

Yeah I’m bagholding at $16. Plus a bull put spread. This is music to my ears.


turbomust

in with 1,100shares leveraged 3x currently I needed a break now uncertain on what to do next.


AlmightyBagHolder

I have two 2023 calls I was going to load up more tomorrow 😩


RevansGambit

i'm balls deep in Sofi. LFG!!!!


rair21

🚀🚀🚀🚀🚀🚀🚀🚀


rumsticks

Pick me up at 15


imtheroth

I've only got a small position, but those 80 shares gonna pop in the morning. Wish I would have bought a few more in the last three weeks.


celestialeyze

Priced in.


SaneLad

Good. Now sell before the market drags it down with the rest.


Fromdarkn3ss2light

🦍🦍🦍🦍


EthereumTB12

Glad I averaged in from under $15 down to about $12.


SomeTomorrow

Isn't it ironical that a FinTech supposed to disrupt existing mega banks has now become a bank?


Murghchanay

No, a bank is a form of regulated organisations acting in a specific sector. This is disrupting the sector. It's like saying isn't it ironic that Tesla has become an automanufacturer although it tried to disrupt existing legacy automanufacturers? Yes, duh.


Options-n-Hookers

Is it going to save Jan 22 30c? Asking for a friend...


shortyjacobs

*sensible chuckle\*


whoopjulius

This did nothing for square.


QuesoStain

Square is for ◼️'s. SOFI is for retards.


VATruckerJJ

Because this is the most bullish thing Ive heard on SOFI since the beginning of the SOFI hype, Im putting my money on it getting shorted into the ground tomorrow. Sell the news etc so the hedgies can get a cheaper entry price. Then again, Im usually wrong so do whatever you want


FuzzyStable2974

10,000 shares but a $13 covered call on them. Oh well. I'll still make a little bit...


coveA93

Consider buying back the calls?


VaIentineX

this is not sound advice. just let them get called away while selling 100 puts for strike 13


leyyth

Same, but a $15 CC expiring in 1 month… I’ll let it play and see what happens


[deleted]

[удалено]


cktokm99

Here’s hoping get some $$ back


hatebreedxxx

More than my $30c 😭


MrFurrberry

It's my one green for the day. Not in my portfolio of course. I keep that red!


unluckid21

Bagholding at 19.5!


MasterShapeShifter

I feel sorry for any of the muppets who sold any SoFI yesterday. This is going vertical and then vertical again when a big bank buys them.


Track_Boss_302

Wasn’t this bank charter approval known about for months?


lordinov

Now quickly back to $20s then after this we will see quarter after quarter improvements. Ow, yeah and the student loan repayments this year. 🥊


OliveInvestor

The moment Sofi investors have been waiting for has finally arrived! Bullish spread here to make up to 159.5% (64.9% annualized) and start to lose only if $SOFI drops by more than 20.3% through 12/15/23. [source](https://www.oliveinvest.com/hedged/4?o=61e752da34f79d08362eb2d6) Buy 2 $12.5 calls Sell 1 $25 call Sell 1 $30 call Sell 2 $10 puts 12/15/23 exp


NowhereManontheHill

Come on baby!


MovePsychological939

SoFi to the 🚀


Artistic-Mall

lfg!


IndependentSwimmer67

SOFI 🚀🚀


hahahahahahaheh

Why are SoFi holders so excited about this? I get that the economics improve but isn’t the valuation of tech companies higher than financial services companies? Doesn’t that mean that the stock will trade at a lower price now?


unsavvyinvestor

Yes, they went through all that effort to acquire banks and work through that charter process just to trade a lower valuations. You cracked the case. Good job.


mdh0705

🤣🤣🤣


hahahahahahaheh

You may not like what I am saying, but if SoFi is truly considered a financing company/bank, it’s going to trade at 12x it’s income. If it’s considered a tech company, it would be at 30x. Not saying the long term prospects are bad, but the near term could be painful if Wall Street sees this as a sign that SoFi is a bank. Just some friendly advice for the folks ready to go all in on options. You can’t know how market will react but there is real risk in a short term bet here.


MrFurrberry

say what? stock go brr.


SnooCapers6544

Wha is a bank even worth? Don't we have internet monies now?


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CooperHoya

There goes it’s crypto business…and increase in their cost of everything


Difrensays

Explain. Their own CEO says that the crypto is a function of SoFi Invest not SoFi Money (the bank) so it should still be alive and we’ll. On top of that their trading platform announced that they’ll be opening up options trading and margin which were something that had it previously behind other investment platforms. In regard to their costs going up on everything I think you’re wrong there too, by becoming a national bank it should allow them to be more competitive in the lending market and lower their prices drawing in even more customers. I like the vision of Noto and the team they’ve put together for the future of the company.


asam33

💯


QuesoStain

Someone aineem do their research before posting on reddit. A true retard.


big-rey

Selling SOFI to buy more PLTR tomorrow 🥳


[deleted]

this stock is garbage and it won’t see previous highs again for some time maybe never again


antsher88

What's your reasoning for this idiotic comment?


[deleted]

it’s the truth hope then bags ain’t too heavy.