11/5/2024 - SMCI Down Another 15% After Earnings Report. New 52 Week Low.

Well, at least it was up 6.42% today

Since you are too lazy to provide details

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Super Micro Computer, whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.

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The company said it expects net sales between $5.5 billion to $6.1 billion for the second quarter, compared with analysts' estimates of $6.86 billion, according to data compiled by LSEG.

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Since you are too lazy to provide details

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I thought it was pretty obvious to anyone reading a Money Talk Board.
I apologize for overestimating your intelligence.

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I cannot believe this stock is still priced at $23 (current after hours). It will be fortunate to stay in the teens when this shakes out.

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I read yesterday if SMCI falls in the $12-15 range, analysts believe there will be a lot of people buying at this price point. I have a bout a 60% loss right now, so I've made the decision to ride this out, no matter how long it takes, to at least get close to breaking even. I'm not willing to take the hit.

I know some people who have decided to take a considerable loss and move their investment over to something like LLY or MELI with hopes of recovering their loss taken from getting out of SMCI.