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re: What should I do in this situation? (SMCI)
Posted on 11/19/24 at 3:20 pm to Double Oh
Posted on 11/19/24 at 3:20 pm to Double Oh
Took my lumps and sold all of it except like 100 shares. Half of the proceeds went to AAPL, the other half in MSTR which I sold for a 12% profit a few days later.
Wish I would have held onto the MSTR until at least today lol, but that's okay.
That last hundred-or-so shares? I sold for a $3800 'profit'... yesterday? Yeah. Felt like a massive win
1
Posted on 11/19/24 at 9:56 pm to Naked Bootleg
Up 31% today, I am still in red with remaining shares 
Posted on 11/21/24 at 7:47 am to DarthRebel
Im considering picking some up at this price.
Posted on 11/21/24 at 11:06 am to sonoma8
NVDA gave them a shout out yesterday and now the stock is up 14%, so you are saying there is a chance.
Posted on 11/25/24 at 9:24 am to DarthRebel
quote:
It is a long ways back to $40, $60 or $80 though
Apparently I was wrong on this one
We may hit $40 here pretty soon
Anyone that was brave enough to scoop up more in the $17-$18 bottom
Posted on 11/25/24 at 9:40 am to DarthRebel
quote:
Anyone that was brave enough to scoop up more in the $17-$18 bottom
I wish I did, but I'm just as happy with recouping most of my investment that I lost when it dipped that low. Most people I know took a loss and got out of the stock. I stayed in and waited for it to bounce back.
This post was edited on 11/25/24 at 9:41 am
Posted on 12/2/24 at 9:23 am to DarthRebel
SMCI says they are clean as a whistle
https://finance.yahoo.com/news/super-micro-hire-cfo-says-143815868.html
https://finance.yahoo.com/news/super-micro-name-cfo-says-142024655.html
Time to fly
https://finance.yahoo.com/news/super-micro-hire-cfo-says-143815868.html
quote:
The company said the independent committee's review, which took over three months, found no evidence of fraud or misconduct on the part of Super Micro's management.
https://finance.yahoo.com/news/super-micro-name-cfo-says-142024655.html
quote:
The review was completed by a special committee of its board alongside more than 50 attorneys from law firm Cooley LLP and a team from forensic accounting firm Secretariat Advisors, Super Micro said in the statement.
Time to fly
Posted on 12/2/24 at 9:37 am to DarthRebel
Up over $6 today so far
This thing might fly again
This thing might fly again
Posted on 12/2/24 at 9:43 am to DarthRebel
Now, will the new accounting team sign off on the committee findings? That and get those financials filed and see if we have something going.
Posted on 12/2/24 at 12:41 pm to bigjoe1
My SMCX is flying hard!
+$28.80 (+56.91%)Today! Sold a call at the 110. :)
+$28.80 (+56.91%)Today! Sold a call at the 110. :)
Posted on 12/2/24 at 12:54 pm to DarthRebel
quote:
We may hit $40 here pretty soon
I hope Norway timed this perfectly, as usual
Posted on 12/2/24 at 1:42 pm to DarthRebel
+$31.58 (+62.39%)Today
Posted on 12/3/24 at 8:58 am to BCreed1
This thing going to double in a month
Posted on 12/3/24 at 9:53 am to Double Oh
quote:
This thing going to double in a month
If you got some back on 11/14 @ $17.36 you are already there.
Double from here is $80, and it was last there 7/18/24.
If it makes it back to $80 though and the financials are legit, there should be a class action lawsuit against Hindenburg Research. Just saying.
Posted on 12/6/24 at 8:23 pm to DarthRebel
Bumping the thread.
CNBC reporting Nasdaq giving SMCI until 2/25/25 to file their financials and the company says they will be able to meet that deadline.
Stock up about $4 aftermarket
CNBC reporting Nasdaq giving SMCI until 2/25/25 to file their financials and the company says they will be able to meet that deadline.
Stock up about $4 aftermarket
This post was edited on 12/6/24 at 8:25 pm
Posted on 12/6/24 at 9:05 pm to bigjoe1
I smile bigly!
My SMCX:
+$10.15 (+13.41%)Today
+$15.85 (+18.46%)After-hours
My SMCX:
+$10.15 (+13.41%)Today
+$15.85 (+18.46%)After-hours
This post was edited on 12/6/24 at 9:07 pm
Posted on 12/6/24 at 11:06 pm to DarthRebel
quote:
If it makes it back to $80 though and the financials are legit, there should be a class action lawsuit against Hindenburg Research. Just saying.
Their accounting firm didn’t resign for shits and giggles. SMCI still has legitimate problems. Their one person independent “committee” doesn’t change that.
Their biggest issue is they’ve legitimately lost clients. The books are a secondary concern at this point.
Posted on 12/16/24 at 7:35 am to slackster
quote:
Super Micro Computer
— Shares lost nearly 14% following a Friday Bloomberg report that the data center company had hired investment bank Evercore ISI to help it raise equity and debt capital. This comes after Super Micro missed deadlines to file its annual and quarterly financial reports. Concerns have now grown that the company might be delisted by the Nasdaq, despite CEO Charles Liang’s reassurance that this will not happen.
From CNBC this morning.
Posted on 12/16/24 at 8:22 am to bigjoe1
Took a gamble on this one after the initial plunge. Hopefully it can rebound but not too confident.
Posted on 12/16/24 at 2:28 pm to Civildawg
Dumped that shite
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