|
SoFi earnings looking good at first glance Edit: just missed the magic number of 3 million members this quarter, beat earnings EPS -0.05 vs projected eps -0.11-0.14 I guess we'll find out more about bank charter in 45 min Hadlock fucked around with this message at 22:18 on Nov 10, 2021 |
#
?
Nov 10, 2021 22:13
|
|
|
|
| # ? Jun 7, 2024 03:04 |
|
|
I bought the bottom of the SOFI dip this afternoon. a total fluke I will probably never repeat
|
|
#
?
Nov 10, 2021 22:35
|
|
|
FistEnergy posted:I bought the bottom of the SOFI dip this afternoon. a total fluke I will probably never repeat
|
|
#
?
Nov 10, 2021 23:07
|
|
|
Heh... I cleared out my RH account by yolo-ing it on 2DTE Sofi $22 calls Let's go baby
|
|
#
?
Nov 10, 2021 23:08
|
|
|
No bank charter Roll up options to 4/22 abort abort
|
|
#
?
Nov 10, 2021 23:32
|
|
|
So Rivian is now the ...fourth? biggest automotive company in the world by market cap? Cool, cool, this all feels very normal
|
|
#
?
Nov 10, 2021 23:34
|
|
|
New Found Power posted:So Rivian is now the ...fourth? biggest automotive company in the world by market cap? Looks like #6: https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/, but yea TSLA of course around as large as 2-10 combined
|
|
#
?
Nov 10, 2021 23:48
|
|
|
TSLA is an ongoing reminder that the market is not and has never been rational, and valuation is 10% fundamentals and 90% hype.
|
|
#
?
Nov 11, 2021 00:18
|
|
|
I want to see it as "market cap per cars built each year" for extra lols
|
|
#
?
Nov 11, 2021 00:22
|
|
|
Hadlock posted:No bank charter
|
|
#
?
Nov 11, 2021 00:42
|
|
|
Something along the lines of "we're doing this the right way, we don't want to take any shortcuts" and then some positive comments about how smoothly and professional it's going If you want to use LC as a model, their bank charter was approved a couple days before Christmas and then saw a big bump there, right before the end of the year Revenue from the bc won't be announced until the Q4 earnings call, which will happen days after the super bowl in February, which is why I say to roll up to April, rather than January
|
|
#
?
Nov 11, 2021 00:49
|
|
|
Imagine believing in the efficient market hypothesis Lmao
|
|
#
?
Nov 11, 2021 01:44
|
|
|
Uranium 235 posted:Imagine believing in the efficient market hypothesis even the living emperor of bogleheads, Rick Ferri of the "Bogleheads on Investing" podcast, poster on bogleheads.org and passive total market index fund enthusiast ( https://core-4.com/portfolios/ ), thinks the efficient market hypothesis justification is bullshit: https://twitter.com/Rick_Ferri/status/1413625319215489029?s=20
|
|
#
?
Nov 11, 2021 02:13
|
|
|
Bought some ZM 215p that expire 11/26 as an earnings play. It seems like a lot of the former Covid/lockdown plays are cratering with horrible guidance and ZM itself appears to be in some kind of death spiral. Up a little under a 100% right now and wondering what others think. Completely idiotic play?
Harry fucked around with this message at 04:21 on Nov 11, 2021 |
|
#
?
Nov 11, 2021 04:19
|
|
|
Hadlock posted:Something along the lines of "we're doing this the right way, we don't want to take any shortcuts" and then some positive comments about how smoothly and professional it's going Have a lot going on today I think what's happening here is the CEO Noto and a board member of golden Pacific bancorp have gotten into a dick measuring contest. The bank was aquired as a way to apply directly for a national bank charter and squeeze the time down from 4 years to 1. The board member of the aquired bank found some technicality in the bank aquisition, something like his shares were undervalued by $0.45/share and sure seems like he's holding out for a $5 million settlement to make his nuisance suit go away Presumably the OCC (federal bank regulator) isn't too keen on granting a new license until the ownership of the bank is settled. Noto could just buy him out but I guess loving up my calls is more important than paying a sad old man's ransom
|
|
#
?
Nov 11, 2021 04:41
|
|
|
pmchem posted:even the living emperor of bogleheads, Rick Ferri of the "Bogleheads on Investing" podcast, poster on bogleheads.org and passive total market index fund enthusiast ( https://core-4.com/portfolios/ ), thinks the efficient market hypothesis justification is bullshit: I mean he is explicitly saying that: a. investing skill exists b. being an active manger is hard, finding a good active manager is hard, and paying active managers who are good is expensive with the conclusion that: c. Active management underperforms on a risk adjusted basis Which I don't take to mean anything about "efficient markets don't exist", but that amateurs in the market who do this part time are at a disadvantage on this relative to people who do this for a living.
|
|
#
?
Nov 11, 2021 05:28
|
|
|
lol I just realized I bought a bunch of COIN and RBLX a few weeks ago. This is why I don't buy stocks; I completely forgot I bought it and probably missed a high point sale. Who has time for this?
|
|
#
?
Nov 11, 2021 06:01
|
|
|
downout posted:lol I just realized I bought a bunch of COIN and RBLX a few weeks ago. This is why I don't buy stocks; I completely forgot I bought it and probably missed a high point sale. Who has time for this? Everyone making more from this than their day jobs
|
|
#
?
Nov 11, 2021 08:02
|
|
|
Frequent Handies posted:Everyone making more from this than their day jobs Wait, you can make money from this?!
|
|
#
?
Nov 11, 2021 09:21
|
|
|
Bape Culture posted:Wait, you can make money from this?! Tell that to the guy who YOLO’d his life savings into CRTX hours before it dumped
|
|
#
?
Nov 11, 2021 10:01
|
|
|
yr new gurlfrand! posted:Tell that to the guy who YOLO’d his life savings into CRTX hours before it dumped Well the guy he bought from did.
|
|
#
?
Nov 11, 2021 12:19
|
|
|
I went to a bars open mic stand up m last night and this super obvious homeless dude got up and started talking stocks, GME, averaging down and laughing at those chasing losses as he tries to catch the knife. I’m upset he didn’t give his hot picks during his set.
|
|
#
?
Nov 11, 2021 14:23
|
|
|
Liquid Communism posted:TSLA is an ongoing reminder that the market is not and has never been rational, and valuation is 10% fundamentals and 90% hype. And forward looking anticipation is a big part of that hype. Also, despite the panic selling with inflation news, there's really still no alternative that I see, so I would think current market conditions are contributing.
|
|
#
?
Nov 11, 2021 14:39
|
|
|
George H.W. oval office posted:I went to a bars open mic stand up m last night and this super obvious homeless dude got up and started talking stocks, GME, averaging down and laughing at those chasing losses as he tries to catch the knife. I’m upset he didn’t give his hot picks during his set. Stock jokes in public, wow. I mean I once played Jackbox with your guys and it was hilarious with tickers for words but everyone was in on the joke.
|
|
#
?
Nov 11, 2021 14:44
|
|
|
 PSFEThis aged rather badly: 
|
|
#
?
Nov 11, 2021 15:49
|
|
|
LLCoolJD posted:
|
|
#
?
Nov 11, 2021 15:55
|
|
|
Put in for 500 shares of BLZE on robinhood, got 0.
|
|
#
?
Nov 11, 2021 16:13
|
|
|
ranbo das posted:Put in for 500 shares of BLZE on robinhood, got 0. The lesson you should learn is Robinhood sucks and you should NOT be using them for anything
|
|
#
?
Nov 11, 2021 16:20
|
|
|
Out of SOFI for now. That was fun. Glad I doubled down yesterday.
|
|
#
?
Nov 11, 2021 16:25
|
|
|
crazypeltast52 posted:I mean he is explicitly saying that: The caveat, of course, is that to be any good you have to devote a lot of time and effort to finding an edge that occurs frequently enough (1-2 times a day at least) and learning how to execute that edge with proper risk management. Easier said than done. Most people won't ever find a real edge, and of those who do, many aren't able to execute it with proper risk management.
|
|
#
?
Nov 11, 2021 17:02
|
|
|
It's Table SIX time baby
|
|
#
?
Nov 11, 2021 17:31
|
|
|
God drat SoFi and Uranium (LEU). I fumbled yesterday a bit, especially given I knew it was gonna be bloody with inflation, but still up nicely off those 2. Sold my 1 share of RIVN for small gains, too irrational for me. @$160 I think TQQQ is still an okay buy-in price, expect it to swing up towards xmas before faltering into the new year. Expect a late Q1 split again in '22.
|
|
|
#
?
Nov 11, 2021 17:59
|
|
|
ranbo das posted:Put in for 500 shares of BLZE on robinhood, got 0. Yah me too, I'm guessing either their ipo interest list is *massive* or they got very few shares to hand out. Maybe both. I know a guy who did some work for backblaze (and is getting shares today, hah), and he is very impressed. I hate buying on IPO day, but definitely a company to watch out for.
|
|
#
?
Nov 11, 2021 18:02
|
|
|
ilkhan posted:Out of SOFI for now. That was fun. Glad I doubled down yesterday. I'm sticking with my 19.99 position, hoping for bank charter in the next 3-6 months
|
|
#
?
Nov 11, 2021 18:10
|
|
|
I took all my 22-22.5-23 11/12 calls and rolled them up to $25c 1/2024 I'm up another 15% YoY since SoFi's recent peak on Nov 4 
|
|
#
?
Nov 11, 2021 18:38
|
|
|
DWAC slipping while everyone else parties, dollar dollar bill y'all 
|
|
#
?
Nov 11, 2021 18:54
|
|
|
CRTX took another nose-dive today. Any idea what triggered it?
|
|
#
?
Nov 11, 2021 19:31
|
|
|
java posted:CRTX took another nose-dive today. Any idea what triggered it? I guess the table six presentation at the conference disappointed. Looks like it started off well, then went off a cliff.
|
|
#
?
Nov 11, 2021 19:36
|
|
|
Baddog posted:I guess the table six presentation at the conference disappointed. Looks like it started off well, then went off a cliff. did anyone take notes? What sentence set this sell off, did anyone shuffle to a cellphone to slam sell while sitting there?
|
|
#
?
Nov 11, 2021 19:39
|
|
|
|
| # ? Jun 7, 2024 03:04 |
|
|
pixaal posted:did anyone take notes? What sentence set this sell off, did anyone shuffle to a cellphone to slam sell while sitting there? "Our poo poo doesn't work now but we expect it to in the future. The future poo poo is the good poo poo"
|
|
#
?
Nov 11, 2021 19:46
|
|
