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$SoFi Technologies (SOFI.US)$ Uh-oh this reminds me of $Virg...

$SoFi Technologies (SOFI.US)$ Uh-oh this reminds me of $Virgin Galactic (SPCE.US)$. First Sir Richard Bronson sold. Then Chamath Palipathaya sold. Then Aunt Cathie sold. Then it went all the way down to $17 range where I bought and sold at $35. Waiting patiently to re-enter there at $14.
Unfortunately I have a small position in SOFI and have been averaging up. Cost basis still below the current price so I will be selling tomorrow before it goes down to below $14 (my basis). I don't think SOFI will bounce back anytime soon, which I think it will, but the selloffs is already happening and it would be wise & prudent to conserve cash at this time.
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