To The Moon

$SoFi Technologies Inc.(SOFI)$ I really like sofi, made a nice return on it but sold out a while back unfortunately. The issue I have with sofi is not the company itself, it's a great business. Unfortunately though, it's plagued with a hole short sellers that keep depressing the price. Tin hat on, I think that there are financial institutions out there that hate that sofi is great, and go to great lengths to try to keep sofi down, in an attempt to limit sofi's ability to do stuff like capital raise by issuing new shares.

so to me it's political, some ppl with huge pockets that a jealous, and are shorting constantly in an attempt to hold sofi down. Of course this is pure conjecture. But I'm picking if the stock does rally significantly, the shorts will return and drive the price down. Likewise, if sofi seeks to raise capital though a capital raise, the short sellers will go crazy and pummel the stock. 

I believe I brought into sofi at around $8 per share and sold out around $14 ish when I came to this conclusion. Obviously in restrospect I should have stayed in. But I only have thousands of dollars to invest, not billions. so I can't influence the price.

I will reiterate, that I think sofi has a fantastic business model and a great leadership team. I hope all the short sellers get burned massively and loose not only their shirts, but their pants, socks, underwear... everything!

I despise big money playing good stocks and that's my emotional lense on sofi. A tall poppy That old school institutions want to chop down. And too be transparent, I still have sofi positions in my grandchildren's portfolios. Because they are all like under 6yo. For me though at 55, there are other growth opportunities without the mid term political head winds. Sofi as I see it is just too volatile for me to hold, personally. 

I have plenty of volatile growth stocks in my portfolio already. As an investor, I must be cautious about how to allocate funds. So sofi doesn't make my list. And yet, it does make my grandchildren's lists.

Ok, let's explore this a bit further. Kids accounts that is. I know, I'm supposed to be addressing the issue of weather sofi will jump 30%. I'm the emotional investor. But in short. I think I have answered that question. Shorts will jump in and stop it going to the price it should be at.

Ok maybe you think I must be loaded, kids stock accounts... actually I'm not loaded. I started accouts for my grandchildren just over two years ago. My children, well they are all grown up. And if you have grown up children you will understand that they know better, lol. So for the past two plus years, every week, I have put $10 into their stock accounts, so just over $1,000 in total. In that time all their portfolios are now worth over $3,500. 

To be fair, some of the stocks I invest in for them are not things I would choose for me, McDonalds is not for me, but its actually a great choice for them because they can associate with it. But, it is also a dividend growth company. Dividend returns now are sad, but in twenty years, investment today looks fantastic. And actually McDonalds is not really a burger maker. It's a global owner of land and buildings. 

Let's get back to the point Though. Sofi is not right for me at the moment. But there will be a point that it is right for me. So my fellow tiger traders, please don't listen to all the noise. To buy a stock now, based on an option like it MITE go up 30%, 400% or whatever. Don't get caught up in FOMO. 

Lesson #1

I Buy a stock because it fits my investment thesis. 

Lesson #2

I buy stocks for others based on different investment ideologies. What's good for me, is not necessarily good for others. 

Lesson #3

You don't need to throw thousands of dollars at anything to make money. Ya it will suck that you have to see ppl making $100k in a week. But they won't tell you they lost $200k the following week. Just do what's affordable for you. Skip one coffee, $5 a week. But just be consistent. And understand what you're investing in and why

Ok, so my rant is done for this article. I tend to write very broad articles that skim The surface On stocks. Do you want the depth? Or do you guys like the broad ideology?

I can dive deap, cause it's all in spreadsheets. but it's not the norm, past financial info and projections 10 years out bore me. Dcf, actually meaningless, frankly it's about backing  the people and the culture of the company.

How do I explain? I can begin with the good. Maybe go to the bad, then perhaps the ugly.

But I'd rather focus on the good. 

@MojoStellar @TigerWire @TigerTrade @Tiger_SG @Tiger Q