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@financead：
SoFi Technologies oddly fell hard following an initial big rally on the strong Q3'22 earnings report. The fintech expects to benefit from the student loan moratorium ending January 1, along with a potential blocking of the loan forgiveness plan. Investors appear irrationally fearful the digital bank isn't taking enough loan provisions due to loans being held longer before being sold. The stock is cheap at 15x conservative 2023 adjusted EBITDA targets.
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