Talking Stocks 2.0

[huncho]

Originally Posted by 7sins

Enjoy the ride my friend, warrants up another 9% this morning after good earnings today. Posted them below for anyone who didn't see, impressive growth and plenty of catalysts in the future to keep this going (ie pending bank charter). Completely on board with you and it is a large holding for me too, when they make the warrants redeemable, I plan to convert those to shares, per the warrant they execute at $11.50/sh, then will write covered calls and take that income to roll into longer leap call options. Would be willing to bet it won't be long, probably after merger, Cathy Woods buys in her ARK complex, completely aligns with ARK fintech innovation ETF and investor flow will follow.

SoFi Announces Q1 ‘21 Record Results

- +430k members (biggest ever growth)
- 2.3M members total (+110% YoY)
- 3.2M total products used (+121% YoY)
- Galileo hits 70M accounts (+130% YoY)
- Net Revenue of
$216M
~14% beat (+151% YoY)
- EBITDA +
- Reiterates 2021 guidance

i was also thinking she might buy it, but her track record hasn't been too great lately. i'm curious to see how her funds do in a more "normal" market where tech stocks aren't going parabolic. she definitely had an insane year last year but i feel like some of what she's been doing lately is kinda dangerous. time will tell though but it seems like her entrance into stocks doesn't move prices the way they used to