Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

This market is insane right now. Cash is probably the best position.

Not puts / shorts?

 

[blues_funk_reggae]

Was talking to a few people in my investment WhatsApp group....these ARK's have been plummeting since roughly November of last year. Kinda shows you how bad the market has been, going on 5 months of losses. I can't imagine anyone who was deeply invested in these:

ARKW
ARKQ
ARKK

I mostly stick with the blue chips, but they been dipping too. Once I see some green I'll get out of these positions and reassess my portfolio.

 

[chineebai]

Not puts / shorts?

No, all the indexes and VIX are at battle lines and could go either way. This is why I recommend focusing on individual names with strength. Based on price action, it's just a big battle right now. I rather wait for clearer direction. And these days that last for only like days at a time of clear upside or downside.

 

[NZA]

what happened to KOSS?

 

[Saysumthinfunnymike]

Lets see where SoFi goes from here.

 

[Sugarbush]

Lets see where SoFi goes from here.

Up

 

[JetFueledThoughts]

SoFi gang ready for earnings

 

[winb83]

I can't see the earnings yet but it's up 11% so must be good.
Edit: found it. They increased revenue 74% from 2020 to 2021 year over year.
https://s27.q4cdn.com/749715820/files/doc_financials/2021/q4/Q4-2021-Earnings-Release.pdf

We finished 2021 with approximately 3.5 million total SoFi members, up 87%, or 1.6 million, from where we started the year, and approximately 500,000 ahead of our stated goal. We added a record 523,000 new members in the fourth quarter — a new high in absolute number terms, up 39% versus the number of net adds in Q3 2021. We also extended our string of triple-digit year-over-year product growth for the sixth consecutive quarter, adding 906,000 new products, up 51% versus the number of net adds in the third quarter, to end 2021 with a record 5.2 million products in total, more than 2.6 million, or 105%, higher from where we started the year

 

[JetFueledThoughts]

Got my SoFi debit card in the mail two weeks ago

 

[winb83]

We got 2 back to back good quarters over at SoFi


That conference call for it up like 20%

 

[Saysumthinfunnymike]

20% !!! Just BLEW past my $12.50c

1/2024 expiration i could be holding gold lol

 

[ogc163]

 

[winb83]

Hopefully Biden doesn't say anything to upset the markets.

 

[Spidey Man]

The degenerates on Reddit and stock twits must be going insane right now cause of sofi.

 

[FreshFromATL]

Tomorrow should be a stellar day in the market. Solid speech from Biden.