Oct. 25 at 12:58 AM
$SOFI y’all wanna preview about what’s gonna happen on Tues? Look at
$NU last earnings. they got it down to the high 11s. In the premarket after the #’s released, it shot up to over 14, then when the market opened, it dropped down to the low 12s, & then about a month later, it’s over 15.
That’s the same recipe they use w/Sofi. it may run up to 32 / 33, or maybe even 35, then it’ll pull back to 25 / 26 intraday. People will panic sell, pushing it to the low 20s, and then it will steadily climb over a month back to low 30s. Rinse & Repeat.
I’ll never forget the triple beats when it went from 5 to 6.5, & then they dropped it into the high 4’s, & then a month later, it was in the 6s. Then, they did it again. Quad beat, it ran from 7.5 to 10, & then at the open it pulled back to 6.5 to 6.9 range. Except that time, it just stayed there for about a yr.
Someone else said earlier that this could churn between 20 & 30 for about 1 yr +. That is entirely possible. Just be prepared for it.