$SOFI TWEET
Added 2024-06-23 11:16:04 +0000 UTCI see on X that when people cannot explain why a share price is trending down, they automatically assume it’s being manipulated - you need to move away from this thinking
There is always an answer and it’s not always the simple assumption that Wall St is at it again.
$SOFI’s decrease in Free Cash Flow was shocking in 2023, down over -$9 Billion, almost 4 times lower than its revenue.
It is recovering now but still negative by -$4 Billion
If the trend continues to improve and I think it will, the share price will react accordingly and move higher to reflect this.
But everything right now is as it should be, it deserves to be here and we have warned about this issue with $SOFI in our group for the last 9 months.
It is now in a position where the risk v reward now favours the reward side but support needs to be confirmed first.
