Indra reddy

$sofi Further on the short report They said if they take what they consider expenses that were capitalized and deduct them from income, Sofi's income drops by 90%. Unfortunately, you cannot adopt your own opinions on what should and should not be an expense or capitalized. Those determinations are made under GAAP accounting for all public companies. I could do the same thing in reverse and say I think issuing stock should be considered income. This report and their trading should warrant an sec inquiry. Notice however all the qualifying language. It's a joke

Good question... but as i said there's a lot of selling in January. It really doesn't affect the long term value of the company. They company says they are making investments in 2025 and predicting 27 cents profit after tax in 2025 v 15 cents without tax in 2024. On a comparable basis, that's 15 cents and 36 cents. That's a 140% increasein profitability in one year or about $300 million profit. So people think that's not enough and another 30 million profit is necessary or it's big trouble. You don't run your company based on internet chatter from people who really have no idea how to run a business like Sofi, especially analysts who have an agenda. I predict we'll get way more clarity and transparency as we get deeper into this year.