Oh by the way for those who still dont understand what bitcoin is, this sums it up.
That sounds like what Link is regarding smart contracts and ensuring data is correct from both parties.
What is Chainlink? (LINK)
Oh by the way for those who still dont understand what bitcoin is, this sums it up.
Seems like the kind of disruptive company Ark would add to their F portfolio. My gut says go with this and I've doubted my gut before like when I had Spotify closer to $120 and sold out. I'm just going with it here.Looks like the Sofi merger is happening by end of Q1. Stock up now
I just looked at their balance sheet and income statement and the financials add up. From a revenue standpoint the TTM is growing very nicely and they're only slightly negative by like a million or so after OPEX and cost of revenue. I know nothing of how viable their business growth is but the explosion in revenue suggest it's solid.if anyone is looking for an energy play that will benefit from the biden admin check out ENG. still dragging behind other hydrogen/energy companies but it's starting to pick up steam.
-they're the first of its industry to build a facility Yahoo is now a part of Verizon Media
-a competitor is FCEL and ENG have a higher revenue and YoY growth.
-management own a good chunk of the company so when institution starts to buy in you know it's gonna take off.
not too late to get in imo. this is going to continue to take off.
I should have loaded more in 17s...Looks like the Sofi merger is happening by end of Q1. Stock up now
I should have loaded more in 17s...
if anyone is looking for an energy play that will benefit from the biden admin check out ENG. still dragging behind other hydrogen/energy companies but it's starting to pick up steam.
-they're the first of its industry to build a facility Yahoo is now a part of Verizon Media
-a competitor is FCEL and ENG have a higher revenue and YoY growth.
-management own a good chunk of the company so when institution starts to buy in you know it's gonna take off.
not too late to get in imo. this is going to continue to take off.
if anyone is looking for an energy play that will benefit from the biden admin check out ENG. still dragging behind other hydrogen/energy companies but it's starting to pick up steam.
I'll keep an eye out for them. Do you know anything about thier process for their hydrogen production? Or how cost effective it is? It's been years since I've checked out water electrolysis but it can be a costly process.
But technology changes fast so maybe they've found ways to catalyze it while remaining profitable. I'll check for them.
I mentioned ENG months ago. Check the thread.
Anyway, good play my nikka.
I would expect some pullbacks before the merger is complete and right up to it as people take profits. If their numbers are good they expect to be profitable slightly this year in the $20m range and within 4 years they expect that to grow to $1.7b.Im at 100 with a 18.5 average. I had no idea thr merger would be so soon though, gonna have to cop some more on a dip between now and then
From all Im reading I just cant see how this will be anything close to a 20 dollar stock after that. Its almost to easy of a buy to the point Im shocked
I would expect some pullbacks before the merger is complete and right up to it as people take profits. If their numbers are good they expect to be profitable slightly this year in the $20m range and within 4 years they expect that to grow to $1.7b.
I look at it like this. This is the equivalent of an online bank, an online lender, an online investment broker, and they have their back end payment processor tech platform that many of their competitors use.
Many of these so-called online banks are just middle men that take your money and funnel it to partner banks. Right now technically SoFi is too but they're deep into the process of getting their own bank charter and becoming an actual bank. So they'll be a real bank without all the overhead of running physical locations.
My only problem with them is I can't directly deposit cash into my account. I get my direct deposits there and I can deposit checks but if I have physical cash I have to go to my credit union and deposit it then transfer it in. It's very rare that I have physical cash though unless given it and I can usually just keep it on me and spend it. I'm an older stage millennial and 90% of my banking and even buying transactions are all on my phone. I haven't had to walk into a bank in years. What SoFi is doing that's the future of all of our banking and they'll be one of the first companies to put it all together. As we all get older the people of my generation and later aren't gonna even care about physical banks.
It does but at the same time if Chase decides to transition to mostly being an online only bank or reducing it's physical presence by 90% nationally the only real competitive advantage SoFi has is like a credit union compares to a bank SoFi will treat you better than Chase will.My plan is to hold long term but when it pops off to sell enough to recoup my investment and hold the rest. This a common tactic?
Tbh may just let it sit though. This seems like its that "maybe pay for down payment on your house" long term play. Anything can happen just this just feels so solid