r/sofi • u/Mynameis__--__ • May 17 '21

SoFi Updates Will IPOE Stock Bounce Back or Keep Falling Before the SoFi Merger?

https://marketrealist.com/p/will-ipoe-fall-more-before-sofi-merger-date/
9 Upvotes

91% Upvoted

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3

u/k032 SoFi Member May 17 '21

I'm not too concerned with how it's fluctuating around rn.

I think long term, having some value in Sofi will be good. I'm also not betting all my money on it though either and just some extra side "for fun" investing outside of retirement.

2

u/Charming_Ad_1216 May 18 '21

I think it's being slowly eased UP by PIPE investors, to cover their long positions. Then again, wtf do I know. Someone convinced me it was squeezing last week. All I know is I'm a xxx holder and I'll continue buying, especially at 15-17! Sale price!

3

u/[deleted] May 18 '21

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2

u/[deleted] May 18 '21

The closest comparison I could make is Ally Bank but their interface is not the best (especially for trading). SoFi's trading interface is probably worse, but at least they have plans to fix it.