IB Net Payout Yields Model

SoFi's SoftBank Gift


  • SoftBank has started selling sizable amounts of SoFi to raise funds.
  • The investment fund still owns 83 million shares or 9% of the outstanding shares of SoFi.
  • The stock has a gap down to $6.63, providing the ideal point to purchase SoFi.
  • The business continues to improve with a shift away from lending products, while digital bank deposits provide the funding source unavailable at the likes of Upstart.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
When a great company is sold for a reason outside of the performance of the valuation of the stock, an investor is provided a gift. The market finds SoFi Technologies (NASDAQ:SOFI) in this exact situation with SoftBank Group (OTCPK:SFTBYOTCPK:SFTBF) somewhat forced to sell shares. My investment thesis remains ultra Bullish on SoFi, especially if the stock closes the recent gap into the $6s.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Update - August 19 

Gap closed thanks to SoftBank. Sign up for Out Fox where one was notified to not chase the rally and wait for the gap to close. 

Finviz Chart


Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments