Hmmm. $12.50. There's a lot of bright spots in that report, I think it's gonna bounce. Shorts are pounding it though. $13 now as I type.
The market reaction was a disaster. Should have gone long Upstart instead. I think all these Fintechs benefit from the same thing lifting bank stocks I guess.
Yeah, but you posted before the close... and it closed 14.39. That would be the mark on the buy, right?
Record cash flow, and they are finally making money. They guided light, but it looks like they've turned the corner on operational efficiencies. If it breaks thru $13 here, it should keep going.