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Is SMCI stock worth taking a risk now?

Posted on 11/21/24 at 11:11 am
Posted by astonvilla
New Jersey
Member since Dec 2005
3287 posts
Posted on 11/21/24 at 11:11 am
thank you
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6310 posts
Posted on 11/21/24 at 12:55 pm to
It’s a huge risk and a huge reward. I dabbled in with 1,000 shares this morning. It’s either going to zero or back north of $100. Don’t play with money you can’t afford to lose on this one.
Posted by el Gaucho
He/They
Member since Dec 2010
56757 posts
Posted on 11/21/24 at 1:03 pm to
Smci is fake

Buy rcat instead
Posted by Double Oh
Louisiana
Member since Sep 2008
21382 posts
Posted on 11/21/24 at 1:17 pm to
quote:






Damn that thing is moving up
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23157 posts
Posted on 11/21/24 at 1:30 pm to
quote:

It’s either going to zero or back north of $100


It will go up, but it is not hitting $100 for a very long time. If ever really.
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6310 posts
Posted on 11/21/24 at 9:47 pm to
It was at $118 in March. It can easily retake that level.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
779 posts
Posted on 11/21/24 at 10:38 pm to
quote:

It was at $118 in March. It can easily retake that level.


I would love to hear your logic on this one. I’m sure you have more insight to offer than simply assuming historical price is an indication of future price action.
Posted by bigjoe1
Member since Jan 2024
810 posts
Posted on 11/22/24 at 7:14 am to
Don't see any sustaining move until Wall Street gets comfortable with their financials.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23157 posts
Posted on 11/22/24 at 9:13 am to
quote:

It was at $118 in March. It can easily retake that level.


You may have missed some of the happenings that occurred since then.

AI is still going to be a huge motivator for the market, because we really have not seen the true peak. SMCI still might be part of it and eventually touch $100 again, however they have some serious work to get their act together.

NVDA tossed them a huge lifeline in their earnings call and they might have done enough to avoid being delisted.

If SMCI hits $100 within a year, means the AI sector is going to the moon. If it hits that ever again is years out in reality.

Up 12% again today though, which moved me back into the green for my remaining shares.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1740 posts
Posted on 11/22/24 at 9:17 am to
As a bagholder trying to catch a falling knife, I was pumped to get out with a meaningful gain, but I think I'm a watcher after all that. Funny part is, on another thread about a month ago I made a joke about that gap at $16 getting filled.... was supposed to be a joke.
Posted by bayoubengals88
LA
Member since Sep 2007
21085 posts
Posted on 11/22/24 at 1:55 pm to
quote:

Buy rcat instead

What's the potential here?
Posted by el Gaucho
He/They
Member since Dec 2010
56757 posts
Posted on 11/22/24 at 1:57 pm to
$40
Posted by Double Oh
Louisiana
Member since Sep 2008
21382 posts
Posted on 11/22/24 at 2:02 pm to
I don’t know the potential but it’s been really good lately
Posted by bayoubengals88
LA
Member since Sep 2007
21085 posts
Posted on 11/22/24 at 2:05 pm to
Market cap less than a billion.
I think $40 might be too low.

Will watch and read. Bought 50 shares.
Posted by el Gaucho
He/They
Member since Dec 2010
56757 posts
Posted on 11/22/24 at 2:07 pm to
If yall want to venmo me as thanks my @ is BIGSTOCKA42069
Posted by bayoubengals88
LA
Member since Sep 2007
21085 posts
Posted on 11/22/24 at 2:31 pm to


Are you in PDYN as well?
This post was edited on 11/22/24 at 2:32 pm
Posted by el Gaucho
He/They
Member since Dec 2010
56757 posts
Posted on 11/22/24 at 3:03 pm to
Nah seems pump and dumpy I saw it at like +40% today shoulda bought
Posted by bayoubengals88
LA
Member since Sep 2007
21085 posts
Posted on 11/29/24 at 6:00 pm to
I wish I had bought more than 7 shares of PDYN and wish I hadn’t sold RCAT at 11.45 today.
Looking to re enter on a dip
Posted by FLObserver
Jacksonville
Member since Nov 2005
15189 posts
Posted on 11/29/24 at 7:08 pm to
quote:

wish I hadn’t sold RCAT at 11.45 today.
Looking to re enter on a dip

Very interested in this one. Do you think this rally in this stock has some teeth? Drones are the future whether it be in battle or the border. Would love a drop below 10.
Posted by el Gaucho
He/They
Member since Dec 2010
56757 posts
Posted on 11/29/24 at 7:15 pm to
lol damn i thought the market was closed today
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