Speaker holds SOFI; position is losing value as price drops from $16.
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Okay Brian, so you're saying you like SoFi? Do you like SoFi? Well , you know what? It is funny, because SoFi is one of the banks that pays high interest rates. They pay, you know, 4.5%.
So, if people turn against these agents and say that they must chase the highest returns for them, then SoFi suddenly rakes in enormous amounts , billions of dollars, at the expense of a number of large banks that have been ripping off their customers for years.
And I don't think that is necessarily the reason why we are in SoFi, but I do find those talks interesting. Unfortunately, my money is in SoFi and, regardless of what they pay others, they take money from my account every day, because I see the capital depreciating ; it is dropping from $16 today .
Unfortunately, my money is in SoFi and, regardless of what they pay others, they take money from my account every day, because I see the capital depreciating; it is dropping from $16 today.
What this channel has said about $SOFI
Brian Shannon has only this one call on this stock.