Why sell when it already tanks? Just another article. At what price was SoFi when the article is about halfway being penned down? Somebody now happily buying more at the low when those lovers react to the article to sell
$Pagaya Technologies Ltd.(PGY)$ I have bought 4000 shares @1.11. Previously sold at 1.58. Sold some options as well. Hopefully this is one that can possibly 2x one day. More vested interest with SoFi at the moment as I see Pagaya as a slow play. Upstart is a great milking cow with trading using options.
This is certainly a manipulative bear report. To be realistic as we could, listen to CEO talk about student loans, this writer try to downplay by using past history. Its so obvious, there was not a single commendable writes on the company.
In view of bullish trend on a mid to long term. Share your picks that you have the greatest conviction that can 2x to 10x coming future. I will start my pick on Lending Club. Reason for resilience in trouble time and ability to scale business steadily even in high interest environment. Do share your opinion your best shot.🙂
Are analysts ratings bias and manipulative? Should there be some kind of penalty impose if their ratings deviate way too far from actual market price? Afterall they are suppose to be 'professional'?
Lately, there are several analysts downgrading Sofi stocks, as today another added to the downgrade. Certainly the downgrade brings down the price, but the earlier downgrades sizzle away while market remain bullish. One ridiculous analyst even put a $3 price tag to a highly promising growth stock. The price tag was not even been reach at 2021 bear at the lowest price. On another case, JPM place a buy ratingof $50 for a close-to-bankrupt Carvana. These analysts aren't they not appeared to be manipulative? I felt there should be some kind of regulators that regulate ridiculous rating and penalise these unruly analysts as they cause unnecessary volatility movement.
Analysts are really distractions. When shared up they say good things, when shares down they speak doom and gloom. Who will pay for them to speak contrarian?
Compass Point Initiates Coverage of SoFi Technologies at "Sell" With a Price Target of $5.00