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$SoFi Technologies (SOFI.US)$ really really sorry I invested...
$SoFi Technologies (SOFI.US)$ really really sorry I invested in SOFI!!!
SoFi Technologies (SOFI) dropped 12%for the week, its third week in the biggest decliners list, and down 60% YTD. The stock, which has a significant business in refinancing student loans,has been hurt by the pause in federal student loan payments;
SoFi Technologies (SOFI) dropped 12%for the week, its third week in the biggest decliners list, and down 60% YTD. The stock, which has a significant business in refinancing student loans,has been hurt by the pause in federal student loan payments;
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RDK79 OP : Even Cramer doesn’t like it now.
When asked about SoFi Technologies, Inc. (NASDAQ:SOFI), he said, "Here's the problem. This thing was built as a way to be able to help on student loans, and when you get rid of your major product." Cramer said it's very hard to recommend this stock
easygoing Lyon RDK79 OP : Cramer has made some big flops for people...
Moonboi RDK79 OP : Oh really? Great news. Whatever Cramer says the opposite always happens. Like they have a reddit post of the loss you would have incurred if you follow his advice. I think he also recommended this share at like $20 and right before the downwards trend. Cramer aside, if you believe in the future prospect of the stock I don't think this drop should matter that much. Long term should recover more or less.
70645716 Moonboi : True! Cramer is a pump and dump guy!