Is SoFi Stock a Ticking Time Bomb? Hard to Tell.

We’ve been called the best-kept secret in finance, yet that hardly seems the case based on how many emails we receive each day. People from all walks of life feel the need to reach out with some of the inanest rubbish you could dream up. But not all these emails are pointless. Some really hit the mark, like this one from Rambo Zhu of China EMI Shielding Materials who has conductive fabric samples for anyone who needs them for testing:

If anyone is in the market for some quality shielding fabric, Rambo here is your go-to girl. And now, we return you to your regularly scheduled programming.

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A certain percentage of the content we produce is driven by demand from our readers which typically mirrors demand from people who don’t know about the world’s best-kept secret in finance. One name that keeps coming up over and over is SoFi (SoFi), so let’s crack open that walnut. A cursory look at the latest SoFi 10-Q shows such a convoluted business that we can simply conclude the following: we’d be more likely to buy a pallet of EMI shielding fabric from Rambo than we would buy shares of SoFi.

About SoFi Stock

Founded in 2011, San Francisco’s own SoFi Technologies took in $3 billion in funding before deciding to go public using a special p