Stock Market is the bottom in?

[hunts_with_stick]

I could see the stock dropping in 1/2. Plus the way things are going, all the money they are losing not sure if they would declare bankruptcy or not. Plus if there is a minimum amount of time you have to hold the stock. Lots of things to consider.

 

[Sugar*Land*]

Saw a couple of people talking about LULU. They were convinced that they just aren't putting out quality products at a great price anymore and thought Vuori was taking a lot of LULU's market share. I personally have no idea if that's the case or not just passing on what I've heard.

Looking into this more , Where did you read about comparing the 2 clothing brands ? Been considering jumping in on these. Thanx

 

[jsasker007]

I don't recall who it was that was comparing the two but I don't think you can buy stock in Vuori. Yet. They said LULU is losing market share and doesn't really have the great product at low prices anymore. I don't really know anything about any clothing brands myself. The wife,daughter and DIL all love the Vuori.

 

[Sugar*Land*]

I don't recall who it was that was comparing the two but I don't think you can buy stock in Vuori. Yet. They said LULU is losing market share and doesn't really have the great product at low prices anymore. I don't really know anything about any clothing brands myself. The wife,daughter and DIL all love the Vuori.

 

[Sugar*Land*]

My daughter wears LuLu ( pretty expensive) just checked out Vuori hopefully she doesn’t want that too

 

[jsasker007]

My daughter wears LuLu ( pretty expensive) just checked out Vuori hopefully she doesn’t want that too

We just spent a good chunk on it last weekend. OUCH! No LULU around here. Scheels has Vuori now.

 

[BuckSutherland]

Sofi is finally getting its shit together. I've owned Sofi going all the way back to 2021, when it was IPOE and came to the market as a SPAC. Been bag holding it for a long time. I averaged down a few times and got my cost down to $15.50/share. My last buy was right after the election last November at $11.97. Sitting on 2,000 shares in my Schwab account and 300 in my Roth IRA. Been trading over $26/ share today. Would be awesome to see it eventually get added to the S&P 500. That would give us lots of additional buying. Hope to see it over $45/share in the next couple years. The stock has been very strong since April 7th.

 

[Brian662]

Those are some big time gains @BuckSutherland , happy for you!

 

[jsasker007]

Sofi is just getting started I think. They'll get lot's of views/advertising once football season gets going too. SOFI stadium. Good stock to hold and maybe add more if there's any dips at all. Hell, good one to add if there aren't any dips right now in my opinion. Hopefully they start paying a dividend in the future as well.

 

[MikeMc]

What do you guys think of Uber?

 

[bwoods11]

What do you guys think of Uber?

I’ve never bought any, but CNBC analysts are very high on Uber !

 

[Brian662]

^^^^ may be 5-10 years away from a legitimate enterprise, but if Elon figures out the robotaxi deal, I think Uber and Lyft may be in trouble.

 

[Buckly]

I could see the stock dropping in 1/2. Plus the way things are going, all the money they are losing not sure if they would declare bankruptcy or not. Plus if there is a minimum amount of time you have to hold the stock. Lots of things to consider.

All I can say is, remember Enron. $90 a share down to under $1. . Billions of dollars in debt hidden by the company. The employees had no idea

 

[hunts_with_stick]

Thanks Buckley. I’m tempted, but I think you may be right. I am not sure they have the right mgmt in place.

 

[Brian662]

Thanks Buckley. I’m tempted, but I think you may be right. I am not sure they have the right mgmt in place.

It seems like they're trying to treat it like a 401k type setup where they have a 50% match. If there aren't any stipulations to the deal, it would be worth (IMO) it to take the offer and sell to get the free 50 cents on your dollar when you sell the day it hits your account.

 

[bwoods11]

Sofi is finally getting its shit together. I've owned Sofi going all the way back to 2021, when it was IPOE and came to the market as a SPAC. Been bag holding it for a long time. I averaged down a few times and got my cost down to $15.50/share. My last buy was right after the election last November at $11.97. Sitting on 2,000 shares in my Schwab account and 300 in my Roth IRA. Been trading over $26/ share today. Would be awesome to see it eventually get added to the S&P 500. That would give us lots of additional buying. Hope to see it over $45/share in the next couple years. The stock has been very strong since April 7th.

I was fortunate to buy shares under $8. Ironically I bought more SOFI than Palantir, which I regret . But both would qualify as homes runs ! Can’t really complain …