Why Jim Cramer's Right to Wait on SOFI Stock

I have to tell you, I've been bullish about the company for a long time — I most recently said it was the ultimate long-term winner on May 9 — but I can definitely understand Cramer's thoughts about the fintech. Now is not the time to go out on a limb. Here's why. Since then, it generated proceeds of approximately $101 million from the sale of 4.68 million shares in November 2021, and $135 million from the June 13 sale that closed out its holdings in the fintech. "Right now, that last quarter was not great. ...