Bear case for Sofi?


I’ve been looking at Sofi recently, and I gotta tell you – it looks great. The recent ER looked good, although of course there are some concerns for earnings in Q2. Nevertheless, I don’t see why SOFI is doing as poorly (stockmarket-wise) as it currently is.

As such, I hoped anyone could give me a bear case for why SOFI is not a good company to invest in ATM.

Edit: Perhaps an important thing to note: I want to go long-term on SOFI. I’m not in it for the many +20% increases in a day


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