AugusMax
06-17

$SoFi Technologies Inc.(SOFI)$ The good news if you are planning to hold this is from what I gather all of their profit expectations take into account this dilution in the equation. So that 50 to 80 cents they're expecting in the next year and a half means they're pretty damn sure they're going to make a whole hell of a lot of money in GAAP profit. But for now the trading is going to suck because they just have too many shares. Unless that institutional ownership number starts pushing 85% or so SOFI is going to be stuck in the mud

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment