This stock is 5x overpriced right now. Why?
1). Co has been around 5 years and NEVER posted a profit
2). They own ZERO assets-no brick and mortar stores, no real estate-nothing.
3). fact is-they are valued at 5x SOFI and like others have said-done nothing to prove$SoFi Technologies Inc.(SOFI)$
their worth. They operate by charging no fees. Great for users yes-but horrible
for investors as they have no way to make a profit.
4). Evergrande has now failed thus-the same 90% HF owners who own this-will need
to do a pump n dump here-just to recoup some of their $.
5). The South American economy is 10 worst than ours right now and thats where
this operates..At $ 3.00 this is a fair deal for a long term investor..Don't be fooled
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