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Apollo_CB
Jan 3, 2024 3:02 PM

Sofi flipped bearish, short sellers take control Long

SoFi Technologies, Inc.NASDAQ

Description

Sofi has been a popular stock to short for the past year or so. I find it funny that insiders can publish negative news and also be in shorts on the stock as the same time which is clearly the case here. The stock fell back into the long-term megaphone and created a massive gap on the daily. Mixing this with the market uncertainty, sketchy bond price action, and a storm has been created. I am doubling down on my 10$ calls for June here on this discount.
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