SOFI is ripe for a rocket ride

2022-05-13

Everyone is worried about the float size here are the numbers. 36% owned by insiders so 329.58 million shares 51.57% owned by institutions at 471.87 Million shares all totaling 801.45 million shares waiting to see some return on investment.

That leaves roughly 113.55 million laying around for retail. With 152 million in short interest and 230 million on loan.

Someone thought it was profitable enough to close out a major put position this morning which means they figured there is not much downside left and after going through fintel filings that was likely susquehanna and or citadel taking profits.

SOFI$SoFi Technologies Inc.(SOFI)$ is ripe for a rocket ride. Shares outstanding may seem large but there is a ton of accumulation right now and short sellers are having a hell of a time trying to crush the price. Loaned almost 20 million in two days and here we are. Barely moved on red market bloody days. Rexholes on another board - had to copy it!

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

Bubs
2022-05-13
Bubs
[Like] [Like] [Like] [Like] [Heart]
W1tcw0
2022-05-13
W1tcw0
Thks for the sharing [smile]
ck1986
2022-05-13
ck1986
cheer up
S.Qing
2022-05-15
S.Qing
Good 👍
Yipmc
2022-05-15
Yipmc
K
tacotaco
2022-05-13
tacotaco
好

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With 152 million in short interest and 230 million on loan. Someone thought it was profitable enough to close out a major put position this morning which means they figured there is not much downside left and after going through fintel filings that was likely susquehanna and or citadel taking profits. SOFI<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> is ripe for a rocket ride. Shares outstanding may seem large but there is a ton of accumulation right now and short sellers are having a hell of a time trying to crush the price. Loaned almost 20 million in two days and here we are. Barely moved on red market bloody days. Rexholes on another board - had to copy it!</body></html>","htmlText":"<html><head></head><body>Everyone is worried about the float size here are the numbers. 36% owned by insiders so 329.58 million shares 51.57% owned by institutions at 471.87 Million shares all totaling 801.45 million shares waiting to see some return on investment. That leaves roughly 113.55 million laying around for retail. With 152 million in short interest and 230 million on loan. Someone thought it was profitable enough to close out a major put position this morning which means they figured there is not much downside left and after going through fintel filings that was likely susquehanna and or citadel taking profits. SOFI<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> is ripe for a rocket ride. Shares outstanding may seem large but there is a ton of accumulation right now and short sellers are having a hell of a time trying to crush the price. Loaned almost 20 million in two days and here we are. Barely moved on red market bloody days. Rexholes on another board - had to copy it!</body></html>","text":"Everyone is worried about the float size here are the numbers. 36% owned by insiders so 329.58 million shares 51.57% owned by institutions at 471.87 Million shares all totaling 801.45 million shares waiting to see some return on investment. That leaves roughly 113.55 million laying around for retail. With 152 million in short interest and 230 million on loan. Someone thought it was profitable enough to close out a major put position this morning which means they figured there is not much downside left and after going through fintel filings that was likely susquehanna and or citadel taking profits. SOFI$SoFi Technologies Inc.(SOFI)$ is ripe for a rocket ride. Shares outstanding may seem large but there is a ton of accumulation right now and short sellers are having a hell of a time trying to crush the price. Loaned almost 20 million in two days and here we are. Barely moved on red market bloody days. Rexholes on another board - had to copy it!","highlighted":2,"essential":1,"paper":2,"likeSize":29,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/9067810596","repostId":0,"isVote":1,"tweetType":1,"viewCount":1195,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SOFI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":793,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101756892,"commentId":"101756892","gmtCreate":1652445592190,"gmtModify":1663249228129,"authorId":3576647877550785,"author":{"id":3576647877550785,"idStr":"3576647877550785","authorId":3576647877550785,"name":"Bubs","avatar":"https://static.tigerbbs.com/1d9c25646398cf90add318dca3d8f9ed","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"[Like] [Like] [Like] [Like] [Heart]","text":"[Like] [Like] [Like] [Like] [Heart]","html":"[Like] [Like] [Like] [Like] [Heart]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101755685,"commentId":"101755685","gmtCreate":1652439855705,"gmtModify":1663249221828,"authorId":4095638693584140,"author":{"id":4095638693584140,"idStr":"4095638693584140","authorId":4095638693584140,"name":"W1tcw0","avatar":"https://static.tigerbbs.com/ca8a4c856bfca4001b708d11ceb05664","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thks for the sharing [smile]","text":"Thks for the sharing [smile]","html":"Thks for the sharing [smile]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101755606,"commentId":"101755606","gmtCreate":1652439624089,"gmtModify":1663249220554,"authorId":3574818989927673,"author":{"id":3574818989927673,"idStr":"3574818989927673","authorId":3574818989927673,"name":"ck1986","avatar":"https://static.tigerbbs.com/74c5ef4a55c8d77833c984e8673a6643","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"cheer up","text":"cheer up","html":"cheer up","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101778674,"commentId":"101778674","gmtCreate":1652578464463,"gmtModify":1663249337541,"authorId":4104810307189880,"author":{"id":4104810307189880,"idStr":"4104810307189880","authorId":4104810307189880,"name":"S.Qing","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Good 👍","text":"Good 👍","html":"Good 👍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":101775583,"commentId":"101775583","gmtCreate":1652563803174,"gmtModify":1663249321834,"authorId":4092617001626320,"author":{"id":4092617001626320,"idStr":"4092617001626320","authorId":4092617001626320,"name":"Yipmc","avatar":"https://static.tigerbbs.com/3d9edd61f3e4ca607bea1e23393016fb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"K","text":"K","html":"K","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":101757821,"commentId":"101757821","gmtCreate":1652449378603,"gmtModify":1663249230144,"authorId":3586848167670746,"author":{"id":3586848167670746,"idStr":"3586848167670746","authorId":3586848167670746,"name":"tacotaco","avatar":"https://static.tigerbbs.com/66f1c6fb8a35b9e32bebced7f0249fe9","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9067810596,"objectIdStr":"9067810596","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"好","text":"好","html":"好","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9067810596"}